Education follows the flag
Sunday, June 13, 2010 at 12:03AM 
Bloomberg BusinessWeek profile of John Sexton, president of NY University, who, with the help of Abu Dhabi's Crown Prince Al Nahyan, is trying to franchise his institution in the Persian Gulf.
Sexton's dream: a circulating experience for students that connects them to six world-class universities spread around the world, with NYU as the anchor.
Sexton's use of foreign money to fuel global expansion is considered a model. NYU has only a $2.2B endowment, or $50k a student. Harvard's numbers are more like $26B and $1.3m per student.
My takeaway: A lot of US universities going into countries that are friendly with us militarily. It's a huge investment for both sides, so you want to go with people whom you have long and strong relationships, and with whom you're pushing connectivity.
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Reader Comments (1)
De Paul University has grown significantly in the last 30 years. Once considered a "subway" school that drew from Chicago blue collar families, it now attracts students from across the United States. De Paul also looks for students from outside the U.S. It has an exciting big city campus on Chicago's near north side. At this point an old alum is supposed to say "Go Blue Demons" but they have apparently given up on basketball. Like their local rival, Loyola, they experienced too many problems trying to recruit academically qualified athletes.
Beware! Their fund raising is relentless.