K-Roo Posted March 3, 2008 Report Posted March 3, 2008 I was told yesterday that UA has the largest debt ratio of any public university in the State of Ohio... can anybody confirm this? Source says it is due to all the building.... I thought most of that was already paid for with $$ from Board of Regents???? Quote
ZachTheZip Posted March 3, 2008 Report Posted March 3, 2008 The stadium is being paid with bonds.Future construction (the soccer stadium, more dorms, ect.) is already budgeted out even though they don't have the money yet. Once they get the money for the stuff that's already approved, it should help.On the positive side, Proenza has shown an incredible amount of commitment to raise this university to its full potential, which is higher than most people around Akron would dare to dream, and it scares them (hence the always-negative comments on Ohio.com such as "Akron is a Division II commutter school. Why should they waste money on nice new things? They're supposed to be grey, run-down, and poor, like the rest of the city") Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.