Jon Marcus

Despite Massive Budget Cuts, There’s a Building Boom in U.S. Higher Education

A multibillion-dollar building boom is under way at U.S. universities and colleges—despite budget shortfalls and endowment decline. Some $11 billion in new facilities have sprung up on American campuses in each of the last two years—more than double what was spent on buildings a decade ago, according to the market-research firm McGraw-Hill Construction—even as schools… Read more »