Universities started transforming themselves into resorts around 1990. I got to watch a lot of the transformation. That's what loans "buy".
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Replying to @St_Rev
Crystal palace athletics centers with climbing walls and juice bars. Health centers that look like shopping malls (same architects).
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Replying to @St_Rev
And, of course, dorms like hotels. Sometimes they just put up students in actual hotels!
3 replies 0 retweets 3 likes -
Replying to @St_Rev
@St_Rev student borrowing as a % of total revenue almost doubled in 10 years at public state schoolspic.twitter.com/P7AOl5XxPy
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Replying to @sarahdoingthing
@sarahdoingthing 8% increase doesn't seem that big but % of total revenue may be wrong benchmark. Contribution to gross revenues?1 reply 0 retweets 1 like -
Replying to @St_Rev
@sarahdoingthing Suspect there's a multiplier effect--influence on 'discretionary' expansion much bigger? Don't have the macro chops tho.1 reply 0 retweets 0 likes -
Replying to @St_Rev
@sarahdoingthing Even the change between 80s and 90s was pretty drastic, though.2 replies 0 retweets 2 likes
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