
A rendering of the University Pointe building at Portland State University
Public universities are increasingly turning to the private sector to build and finance the construction of the dorms where their students are housed, the New York Times reported.
The arrangements between universities and developers are mutually beneficial, as they free up capital for schools’ other costs while allowing the developer to profit, since their construction costs are lower due to economies of scale. But critics say that the savings are not being passed on to students. [more]


