Photo: Emily Elconin The $2.2-Billion Bet David Jesse, The Chronicle of Higher Education A little-known loan program run by the U.S. Department of Agriculture is supposed to encourage new capital investment in rural areas, including on college campuses. Rural colleges and universities have received $2.2 billion over the last decade from the USDA to build student centers, libraries, dorms, and academic centers—at lower interest rates than those offered by private lenders.
But that help may just dig campuses deeper into debt. |