Colleges Struggling to Stay Afloat, By Jeffrey J. Selingo

STUDENTS piling on debt to go to college might attract all the attention, but colleges have been on a borrowing spree as well, nearly doubling the amount of debt they’ve taken on in the last decade to fix aging campuses, keep up with competitors and lure students with lavish amenities.

Read more here: http://www.nytimes.com/2013/04/14/education/edlife/many-colleges-and-universities-face-financial-problems.html?pagewanted=all&goback=%2Egde_1203287_member_233962586&_r=0

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