Insights & News
By Mikhail Zinshteyn
Facing building construction and renovation expenses approaching $50 billion over the next five years, California public colleges and universities could save money by sharing both the cost of new facilities and how they are used.
That’s one of the conclusions of a new report by the College Futures Foundation, a nonprofit organization that promotes greater access to higher education.
“The capital financing needs for the public institutions in California are immense and overwhelming, and neither the state nor the institutions have a coherent plan for addressing them,” the report said.