Saturday, October 18, 2008

Stock Market Hurting Saluki Way

Looks like the stock market's gyrations are really hurting the university in general and the Saluki Way project in particular. Bonds to finance the project aren't selling as well as projected and donations aside from the city's, are sitting at $5.5 million, still a long way from the $21.5 million neeeded. This post points out a much better use of the $20 million geneated by the increase in the C'dale sales tax. More scholaarships would bring in more students, generating more fees, eventually allowing the building of a new stadium and Arena, instead of the hope that by building new sporting facilities, the univeristy will attract more students.

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