Due to the unforeseen consequences of the subprime mortgage crisis currently plaguing the national economy, Brandeis is in the process of restructuring its construction debt. Despite the extra financial burden, neither students nor construction will be adversely affected, maintained Executive Vice President and Chief Operating Officer Peter French.
In order to finance construction projects like the new science complex and Ridgewood, the university borrowed $62 million dollars last year. According to French, the $62 million is a variable rate loan, meaning the “interest rate is set on a weekly basis.”
“Institutions take out variable rate debt because it tends to ...
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| Friday, February 29th, 2008 | Brandeis University's Community Newspaper | TheHoot.Net |
Front Page
Brandeis to restructure debt due to subprime mortgage crisis
After NIU shooting, Dean reaches out to Illinois students
Following the Valentine’s Day shooting at Northern Illinois University, Associate Dean of Student Life Maggie Balch sent an e-mail to ...
Mailman: consultation and collaboration
Mailman offers students counseling
Bolstered by the university’s notification systems as well as student-oriented services such as Residence Life and the Brandeis Emergency Medical ...
Cuenin, Trisk talk religion, sexuality
On Thursday, students and Brandeis Catholic Chaplain Walter Cuenin gathered at the Trisk office in the Shapiro Campus Center to ...
Missed opportunities: A tale of free speech at Brandeis
In theory, free speech is a simple concept. The First Amendment covers it in ten words: Congress shall make no ...
Do atheists have freedom of religion?
Imagine a United States in which Christians were constitutionally barred from holding state office. In which polls show that ...
Opinions
Editorial: Mailman must deliver
Fighting with Pinpricks: Saint Obama
Book of Matthew: The Great Republican Lie(s)
Crisis in Africa - Part II
Futile Ramblings: Infuriating complaints
The Gold Standard: A history of the Student Union
The Point: Reflections on life
Brandeis clubs should embrace the Internet
Shopping for Truth: Communication 101
One Tall Voice: Retirement from controversy
The surge to nowhere
The Gay Perspective: In defense of the accused
Diverse City
BTV offers up second helpings
Second episode of Slice and 'Deis premieres
Red and black all over
Oscar fashions stay within the box
Black History Month
And the Oscar goes to…
Writers' strike ends in time for Academy Awards Show
More than your average Western
An Odd Couple indeed
Gnarls Barkley releases singles off new album
Quarterlife is dead on arrival
NBC's new show does not survive past day one
When I listen
The Band’s Visit: A Welcomed Arrival
A throw back to the hybrid music of Paul Simon
Vampire Weekend mixes 80s new wave and tribal rhythms
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