Colleges Are Buying Stuff They Can’t Afford and Making Students Pay For It
The Nation
Should we care that our college experiences are being funded by borrowed money? In recent years, financial markets have become increasingly entangled in budget decisions, and often those decisions have little to do with educating students. In many cases, schools are just borrowing for huge capital investments that help the college market itself, such as gleaming new football stadiums and shiny dorm buildings.
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