In a related story, Harvard Magazine explains why Harvard will have much less money for Allston activities:
Harvard moved promptly to borrow $2.5 billion. Public reports suggest the University will incur annual interest costs on this debt (before principal payments) of $128 million to $138 million, offset in part by the repayment of existing shorter-term debt. That substantial expense may be defrayed by using the “strategic infrastructure fund,” an administrative assessment on endowment capital now designated to offset costs for Allston campus development.
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