Students occupy and get arrested at New York University

There is a student occupation of the New York University. They have taken over the Kimmel building. Their demands have focused on the schools budget and they are questioning the expenses associated with attending the school.
See Takebacknyu.com.
Police have raided NYU today and students have been arrested, according to the Kasama Project.
The Student demands are:

1. The inclusion of an elected representative from the student body in New York University’s (NYU) Board of Trustee meetings. This representative should have rights, including voting rights, equal to that of Trustees, as well as the authorization to make public statements on the operations of the Board of Trustees without prior approval from any administration official.

2. Public release of NYU’s annual operating budget, including a full list of university expenditures, salaries for all employees compensated on a semester or annual basis, funds allocated for staff wages, contracts to non-university organizations for university construction and services, financial aid data for each college, and money allocated to each college, department, and administrative unit of the university. Furthermore, this should include a full disclosure of the amount and sources of the university’s funding.

3. Disclosure of NYU’s endowment holdings, investment strategy, projected endowment growth, and persons, corporations and firms involved in the investment of the university’s endowment funds. Additionally, we demand an endowment oversight body of students, faculty and staff who exercise shareholder proxy voting power for the university’s investments.

Also see the New York Times:
N.Y.U. Students Continue Occupation to Press Demands