Monday, October 8, 2012

Part one of a series!

The Other College Debt: Upgrades put Pennsylvania Schools in a Bind from the Pittsburgh Post-Gazette
"... the school wanted to turn its run-down and overcrowded dining hall into an airy, restaurant-style venue suitable for demonstration cooking, but it had no cash on hand for the work. So it borrowed the full $18 million and began paying it off through higher student meal plan fees. Just like that, another of Pennsylvania's 14 state-owned universities became a bit more attractive to students expecting upscale amenities. And just like that, the State System moved deeper into debt."

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