Residence hall improvements are part of the university's broader plans to boost enrollment and improve academic standards by 2020.Or provide the debt service on the housing?
[University president John] Peters' Vision 2020 initiative calls for enrollment to rise from 23,000 to 30,000 — including 27,500 on campus. Tuition and fee revenue from higher enrollment will help fund a series of initiatives.
Note, though, that the investment in capacity precedes the expansion of the student body. I hope to be able to report that a similar phenomenon will be at work in the academic departments, where the past twenty years have been a downsizing of the faculty to a university of roughly 15,000 students.
The generalization to the provision of capacity for, say, Passenger Rail, is left to the reader as an exercise.
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