The new college will be funded entirely by the Singapore government, which will also subsidize tuition. Singapore citizens will pay about $18,000 a year, including room and board. International students will pay about $43,000 unless they secure a discount by committing to work for a Singapore company for three years after graduation.
Yale and Singapore will get an equal number of seats on the new college's governing board -- but Singapore's education minister must approve all the Yale nominees.
The arrangement exposes Yale to risk because its name is on the college, yet the university does not have control over the end product, said Richard Edelstein, who studies trends in higher education at the University of California at Berkeley. One angry member of Yale's faculty, Christopher Miller, a professor of French and African American studies, has dubbed the venture "Frankenyale." Full story
