For years, West Virginia University, a state flagship, poured money into gleaming new research facilities and dormitories to attract new students. It had to borrow money to do so. The university now faces a huge deficit and major cuts. It's a problem facing many major public universities, as WSJ’s Melissa Korn explains.
Further Reading:
-West Virginia University Banked on Growth. It Backfired.
-Colleges Urged to Produce Better Information on How They Spend Money
-Colleges Spend Like There’s No Tomorrow. ‘These Places Are Just Devouring Money.’
Further Listening:
Where to Listen
