Insights & News
By Lee Gardner
Ask college presidents about the health of their institutions, and they’re happy to rattle off enrollment figures or capital-campaign progress reports. Ask about how deferred-maintenance costs on their campuses are piling up, and they get a little quiet.
That’s because most colleges are crowded with aging buildings that will need to be replaced, renovated, or retrofitted, and the millions of dollars needed to tackle such projects are hard to come by when other urgent priorities beckon.