Re:Student Debt Payback Far Worse Than Believed
by froindt on Thursday January 19, 2017 @01:23PM
(#13438064)
At the University I attend, donors have to give enough for the building and an endowment for ongoing maintenance and operation expenses. A long time ago they were getting these amazing buildings donated, then getting stuck with much higher maintenance costs than the previous billing, or had a lot of extra square footage to heat, cool, and maintain.
Re:Student Debt Payback Far Worse Than Believed
by a2tech on Thursday January 19, 2017 @09:53AM
(#13436208)
These buildings are replacing elderly buildings/adding capacity so we can serve more students. So the operation/maintenance costs should fall dramatically for the buildings that are being replaced, and new revenue from more students pay for the new buildings maintenance/operations.
Re:Student Debt Payback Far Worse Than Believed
by ensignavenger on Thursday January 19, 2017 @02:39PM
(#13438811)
But if the building is much 'fancier' than needed, it becomes a lot more to maintain than a simpler design/finish.
Also, that money would, in theory, be available for scholarships or other programs if it wasn't being wasted on unnecessary things.