Exactly. If you bought a house for 200k technically you would be 200k in debt but that doesn't accurately reflect the situation. It's not like the university has 240 mil in credit card debt. Those renovations will increase renevue and turn debt into profit long term.
Plus I've head the university makes 100 plus mil a year on athletics. I doubt they're hurting.
And I was kidding about Saban. I just don't like him
Plus I've head the university makes 100 plus mil a year on athletics. I doubt they're hurting.
And I was kidding about Saban. I just don't like him
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