• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics

3

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics

3

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Features

Was Hurricane Katrina good for New Orleans?

By
Jennifer Reingold
Jennifer Reingold
Down Arrow Button Icon
By
Jennifer Reingold
Jennifer Reingold
Down Arrow Button Icon
June 12, 2014, 5:00 AM ET
Scott Cowen
Michele Taylor Pick upGerald Herbert—AP

The last time I saw Tulane University president Scott Cowen in person, it was January 2006, and he was enthusiastically welcoming back his students from a forced semester-long sabbatical after Hurricane Katrina shut down his university for several months. In an effort to save the school—which had been underwater both literally and figuratively—he begged other universities to take Tulane’s students, but only temporarily. He knew that many of them might never return if they had the chance to transfer elsewhere.

They did return, and Cowen was able to bring back Tulane—and, he argues, New Orleans—from the brink. Cowen found himself not only responsible for his school’s survival, but also on the team charged with rebuilding New Orleans. On a visit to New York, he sat down with me to discuss his experience and his engaging and thought-provoking new book, The Inevitable City: The Resurgence of New Orleans and The Future of Urban America.

 Along with a small group of committed educators and administrators, Cowen took advantage of the tragedy that was Katrina to impose a radical restructuring on both the school and the city, jettisoning old ways of doing things and trying relatively untested new ones. Many of the changes have been for the better. Indeed, Cowen goes so far as to suggest that perhaps Katrina was a blessing in disguise. “If the storm hadn’t happened,” says Cowen, “I’m not sure the private sector would have stepped in.”

It’s a controversial statement, to say the least—but the Tulane president has some ammunition to back it up. The book details his personal drama right after the storm, in which Cowen and his waterlogged team used a boat, a dump truck, and finally a helicopter to escape. That said, The Inevitable City is primarily about what happened later and whether it can be a model for radical change in other parts of the country.

After the storm, Cowen focused first on Tulane, which as the largest private employer in New Orleans was a proxy for the survival of other businesses and communities in the area. He made some critical decisions: first, to continue to pay employees despite the fact that the entire billing and payroll system was destroyed by water; second, to make sure that students were given free (temporary) passage elsewhere; third, to make huge cost cuts so that the school would survive over the long term. He could have waited for government help—but he soon realized that if he did, the university might cease to exist.

In addition to Tulane’s cuts—which included 1,000 jobs and the elimination of several departments, almost unheard of for any university—Cowen decided to remake the school around the theme of public service. From January 2006, when it reopened, every single student was required to complete a civic engagement module in New Orleans (today it has been expanded to anywhere in the world). It has transformed both the nature and the quality of the type of student that attends the university today—and Cowen boasts that today Tulane is the most selective it has ever been.

In 2005, Cowen was named by then-Mayor Ray Nagin to the city’s Education Committee and charged with helping to rebuild the public schools, many of which remained shuttered.  But returning them to their prior state, writes Cowen, seemed like the worst possible choice: 2004 test results showed that 96% of New Orleans students lacked basic proficiency in English; 94% in math. The committee decided to effectively take over the New Orleans School district. It was a fiat, a seizing of power that would have been illegal without Katrina.

There was little public debate or handwringing over the policy, Cowen writes. It was a matter of survival. Yet what has happened in the interim goes beyond survival. Today, Cowen writes: the senior graduation rate has risen from 79% in 2005 to 94%, and the percentage of African American students proficient in math and English has more than doubled. A full 86% of New Orleans students attend charter schools.

Is New Orleans today a model school district? Hardly. But the social experiment that began with Katrina has evolved into a model worth considering in other failing schools—and, more broadly, other communities, such as Detroit. To effect true change, Cowen now believes, you need two key ingredients: first, the commitment of the private sector. “If they don’t have the will to do it,” he says, “it won’t happen.” Second, you need “enlightened political figures.” Cowen, in his unique role, was able to leverage both. But he couldn’t have done it without Katrina.

 

About the Author
By Jennifer Reingold
See full bioRight Arrow Button Icon

Latest in Features

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Features

Anduril CEO Brian Schimpf
MagazineDefense
Inside Anduril: Meet the quiet engineer-CEO building America’s $31 billion weapons startup
By Allie GarfinkleMay 6, 2026
15 days ago
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
MagazineData centers
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
15 days ago
The American Express CEO defied haters who said he’d never have the top job—winning with millennials and Gen Z and trouncing the competition
MagazineAmerican Express
The American Express CEO defied haters who said he’d never have the top job—winning with millennials and Gen Z and trouncing the competition
By Shawn TullyMay 6, 2026
15 days ago
Photo of Marc Benioff
Magazinecommunication
Salesforce CEO Marc Benioff turned his earnings call into a vodcast. Why other Fortune 500 CEOs might follow
By Rachel VentrescaMay 6, 2026
15 days ago
Intel Chief Exec, Lip-Bu Tan, on stage
EuropeIntel
Intel’s share price just blew the doors off. One man thinks he knows the reason why
By Kamal AhmedApril 27, 2026
23 days ago
Who owns ideas in the AI age?
MagazinePublishing
Who owns ideas in the AI age?
By Francesca CassidyApril 8, 2026
1 month ago

Most Popular

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
1 day ago
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
Future of Work
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
By Mike Householder and The Associated PressMay 17, 2026
3 days ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
8 days ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
10 hours ago
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
Travel & Leisure
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
By Rio Yamat and The Associated PressMay 18, 2026
2 days ago
Current price of oil as of May 19, 2026
Personal Finance
Current price of oil as of May 19, 2026
By Joseph HostetlerMay 19, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.