SAN FRANCISCO – With resources drying up and debt mounting at many colleges, the idea of letting private developers finance building projects is increasingly seductive. But these arrangements are not without risks, and ratings agencies are watching some of them develop with skepticism, panelists told a group of college business officers here this week.
Investigation into U. of Tennessee's football recruiting practices raises questions about the continued presence of "hostesses" -- female students responsible for entertaining recruits -- on some campuses.
This fall, Eastern Michigan University opened its dorms to students from nearby Washtenaw Community College, in order to earn some extra revenue while further encouraging students to transfer and giving them a taste of residential college life.
The institutions are a half mile apart, Eastern Michigan in Ypsilanti and Washtenaw in Ann Arbor. The university is also the top transfer destination of students from the community college. But when Eastern Michigan had extra dorm space to spare, the two institutions drew even closer.