The Cooper Union Board of Trusttees’ Free Education Committee (FEC) has released their first progress report-

“This January 2017 Progress Report provides an overview and summary of the FEC’s work including activities to date, interim recommendations and initiatives under review. In addition, the report sets forth the framework of financial metrics that we will use to evaluate both Cooper Union’s financial health and the viability of recommended initiatives. We have provided an explanation of the budget review and projection process as well as the details of recently approved cost-cutting measures. We end the report with a look ahead to the work that we will undertake in 2017 as we draft our final plan. We are not discouraged but we must be realistic. “

The full document can be viewed here.