As a part of a radical “restructuring” to deal with a $48 million deficit, New York’s New Faculty for Social Analysis is providing voluntary severance applications to a big group of school and employees. A December 3 electronic mail laying out the phrases of the provide, which ARTnews has reviewed, went to 169 members of school and employees, together with some forty p.c of full-time college. The letter named a December 15 deadline to determine on whether or not to simply accept the provide.
In accordance with the American Affiliation of College Professors (AAUP), the varsity has indicated that layoffs will ensue if inadequate numbers of staff go for the voluntary severance. Talking not too long ago to Gothamist, AAUP known as the varsity’s newest transfer the “largest tried firing of school at present going down within the nation.”
The varsity faces declining enrollment. It additionally has come underneath risk from the Trump administration as one in every of 60 universities to be warned by the Division of Schooling in March that they’d be positioned underneath investigation in the event that they failed to guard Jewish college students on campus after college students organized a pro-Palestinian encampment and college pitched tents in solidarity.
Faculty president Joel Towers has mentioned that as a part of a restructuring, the college will mix a number of faculties right into a two-college construction: the Eugene Lang School of Liberal Arts and the New Faculty for Social Analysis will probably be mixed into one unit and Parsons Faculty of Design and the School of Performing Arts and Media into one other.
Based in 1919 by, as Gothamist describes it, “dissident intellectuals,” the New Faculty went on to present protected harbor to a wave of intellectuals fleeing Nazi Germany. The varsity at present has 75 full-time college throughout ten departments and lots of applications, based on its web site, similar to anthropology, inventive writing, philosophy, psychology, and sociology, providing masters and doctoral levels to 800 graduate college students from 70 nations. Arts are concentrated on the Parsons Faculty of Design.

Demonstrators exterior the New Faculty for Social Analysis on Wednesday.
Hayden Tutton
The varsity boasts a prolonged roster of distinguished graduates within the visible arts, together with Nina Chanel Abney, Richard Avedon, Adolph Gottlieb, Edward Hopper, Jasper Johns, Ryan McGinley, Rob Pruitt, Norman Rockwell, and Ai Weiwei. Trend designers Tom Ford, Marc Jacobs, Donna Karan, Jenna Lyons, Anna Sui, and Alexander Wang are additionally graduates, as had been writers James Baldwin, Lorraine Hansberry, Jack Kerouac, and Tennessee Williams.
The varsity is eliminating over thirty applications, per AAUP, the bulk targeted on social sciences and humanities. “A movement handed by the College College Senate on November 25, 2025 expresses alarm that the President and Provost have circumvented ideas of shared governance in making these choices,” based on an electronic mail from AAUP. The New Faculty Free Press reported two days later that the varsity would implement tiered wage reductions for the highest-paid staff and pause retirement contributions for eighteen months. The varsity would additionally pause virtually all doctoral program admissions for 2026–27. The paper famous that the varsity has run a deficit in extra of $30 million for 3 consecutive years.
Economics professor Sanjay Reddy instructed Gothamist that the varsity’s cuts are a “scorched earth coverage” that would result in “a dying spiral.”
Dozens of scholars, college and employees gathered on Wednesday exterior the Greenwich Village college as a chilly rain fell to protest the varsity’s actions as a board assembly occurred inside. The protesters demanded that the varsity rescind all voluntary separation bundle agreements, institute a $200,000 wage cap, and name a public assembly between the board and all the college neighborhood. Towers and provost Richard Kessler got here in for sharp criticism from audio system on the rally.
“The administration is attempting to stability the finances however the strategy feels actually company,” Molly Ragan, part-time lecturer at Parsons, instructed ARTnews throughout the protest. Some executives come from a background in mergers and acquisitions and company restructurings, she identified. Till a couple of years in the past, she mentioned, the varsity was working at a slight surplus, so when requested how the varsity discovered itself in its present predicament, she mentioned, “It’s a fantastic query.” She famous {that a} latest college investigation of the varsity’s funds uncovered important actual property investments in addition to long-departed college remaining on the payroll. She additionally identified that Towers, appointed in 2024, is the varsity’s third chief since 2020.
“There are some stark inequities right here,” she mentioned, “and it’s troubling, to say the least.”
The New Faculty’s half time college union identified in a latest Instagram put up that between 2022 and 2023, quite a few high-level officers, administrators, trustees and different well-compensated officers acquired appreciable pay will increase, together with Joel Towers (then on the school, his pay rose 11.6 p.c to just about $417,000), government dean Richard Kessler (11.7 p.c, to $469,000), and provost and government vice chairman for tutorial affairs Rene White (10.9 p.c, to over $712,000). “The New Faculty’s $30.3 million deficit,” says the union, “might have been a $7 million surplus if spending on administrative prices, skilled providers, and amenities had grown on the similar price as income.”

