Degrees of Debt: Colleges’ Debt Falls on Students After Construction Binges

http://www.nytimes.com/2012/12/14/business/colleges-debt-falls-on-students-after-construction-binges.html?partner=rss&emc=rss

Colleges have gone on a building spree, channeling the movie mantra, “If you build it, they will come.” Now they are $205 billion in debt, with students and taxpayers facing the bill.

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