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18th Annual College Construction Report

February 1st, 2013

College administrators worried whether the uncertainties of tax laws or the emphasis on cutting would cause regular donors or governors and state legislators to trim their spending on higher education. It was not a good time for looking ahead and planning confidently for continued growth in college construction programs. The number of identified projects listed as being “on hold; awaiting funding decisions” grew exponentially. Under the circumstances, it is not surprising that college construction completed in 2012 — and projected for 2013 — declined from previous years.