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.
Have you funded and built any new campus facilities through (P3) public/private partnerships?
View All White Papers
College Planning & Management's free email newsletter keeping you up-to-date and informed.