Facilities "Arms Race" at US Colleges

October 10, 2006

The NY Times reports that construction is booming on college campuses as institutions of all kinds add classrooms, dorms, student and athletic centres at a pace that has not been seen in decades. Administrators acknowledge that “first-rate physical facilities are becoming increasingly important in attracting students.” Some institutions feel “locked in an arms race” with their competitors, turning to alumni fundraising, bond issues, increased tuitions or petitioning government sources to raise the necessary capital funds. (See NY Times article at http://www.nytimes.com/2006/09/30/nyregion/nyregionspecial2/01Rcolleges.html?_r=1&ref=education&oref=slogin )