From 2001 so you’re able to 2011, debt profile doubled since the America’s universities went on a great Taj Mahal binge. Luxurious rooms changed dorm room that have popular restrooms. Deluxe physical degree centers changed health clubs. Of a lot universities added to building can cost you by creating front wagers which have financing banks regarding the recommendations of great interest prices. College presidents turned very overconfident that they thought they could overcome Goldman Sachs with the desire-rates wagers. Leer más