Office of Planning and Budgeting

Stanford in New York City?

Inside Higher Ed published a feature today detailing an ongoing process that has 27 universities, US and abroad, competing for a gift of land in New York City plus $100 million in exchange for the creation of a new tech-centered campus. Several New York based universities are submitting proposals, due in October, but notable universities from elsewhere such as Stanford and Chicago are also competing for the opportunity, as well as universities based in other countries.

As pointed out in the article, New York already has 110 institutions serving over 600,000 students. However, engineering and tech programs in the region have lacked the success and reputation that the city would like. While institutions with an existing presence in NYC or in the region may make more sense as a partner in this project, Stanford appears to be aggressively pursuing the opportunity, touting its role in the creation of Silicon Valley in California. If successful, this would be Stanford’s first campus outside of Palo Alto.

The absence of public universities on the applicant list is stark. Purdue is the only one. However, this is perhaps unsurprising given the billions of dollars likely required to build a fully operational campus from scratch in a short period of time, and the state-centered history of public institutions in the US.

For the lucky institution with the right amount of resources, this will hopefully be a great opportunity with long lasting effects for the institution and the city of New York. For all of higher education, it will be fascinating to see if this kind of partnership between government and  institutions can work to create a new, physical campus that can quickly produce innovation and education while building and maintaining a reputation for excellence.

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