Syracuse borrowed half a billion, enrollment tanking
Built dorms like they were an Ivy League school. They're not. Now they're hemorrhaging students and stuck with massive debt. That's what happens when a mid-tier university bets everything on prestige theater instead of actual value.
Syracuse is in trouble. They borrowed a half billion dollars to build new dorms and now enrollment is sliding. “The problem with Syracuse is that the school thinks of itself as like an Ivy, but it’s not,” Tavares said.
Universities betting on physical expansion to compete with brand-name schools is collapsing under demographic reality and rising education costs.
Source
x.com