Now You’re Unemployed (New York University or NYU nickname)

New York University (NYU) is a private university in New York City that was founded in 1831. A popular backronym (back acronym) of NYU has the letters stand for “Now You’re Unemployed.”
 
“Now You’re Unemployed” has been cited in print since at least 2003 and has been used by detractors of the school as well as some NYU graduates themselves.
 
NYU has also been called “NYJew.”
 
   
Wikipedia: New York University
New York University (NYU) is a private, nonsectarian American research university based in New York City. NYU’s main campus is situated in the Greenwich Village neighborhood of Lower Manhattan. Founded in 1831, NYU is one of the largest private nonprofit institutions of American higher education.
 
Uncyclopedia: New York University
The NYU nickname
New York University is a backronym of NYU created due to the fact that NYU’s letters originally stood for “Now You’re Unemployed”.
 
Urban Dictionary
nyu
Now You’re Unemployed
The most overrated school ever
(...)
by Don’t forget the hot sauce chulo Nov 6, 2003
   
LiveJournal
dukewhite
October 19 2004, 22:42:35 UTC
(...)
I like to tell people that NYU stands for “Now You’re Unemployed.”
   
Student Doctor Network Forums
Pikeyman
03-29-2005, 11:58 PM
Be aware:
NYU: Now You’re Unemployed.
(Heard this one from NYU business students. Surprise, surprise.)
   
Gothamist
NYU Tuition to Top 50K Next Year
By John Del Signore in News on April 28, 2008 11:00 AM
(...)
COMMENYS
jibbly
Running NYU graduate joke…
NYU acronym for Now You’re Unemployed
No offense intended for those graduates who are gainfully employed.
     
College Confidential
House of London
01-04-2010, 11:23 AM
NYU should stand for “Now You’re Unemployed”
My friend just graduated this year from NYU and has consistently failed to find a job. She has a really high GPA, and has been involved since freshman year. Yet, she is unable to find a job up until this day. What is really going on with colleges these days?