Colleges Spend Like There’s No Tomorrow. ‘These Places Are Just Devouring Money.’

                          	Colleges Spend Like There's No Tomorrow. 'These Places Are Just Devouring Money.'
  
    
  
    
  
    
                      
        
  
    
  
    
              	The nation's best-known public colleges have been on an unfettered spending spree. Over the past two decades, they erected new skylines, poured money into big-time sports programs and hired layers of administrators.
    	Then they passed the bill along to students.
    	  		The University of Kentucky upgraded its campus to the tune of $805,000 a day for more than a decade.
  	  		Pennsylvania State University spent so much money that it now has a budget crisis.
  	  		The University of Oklahoma hit students with some of the biggest tuition increases, while spending millions on a 32,000-square-foot Italian monastery for its study-abroad program.
  
    
  
    
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Colleges Spend Like There’s No Tomorrow. ‘These Places Are Just Devouring Money.’

Colleges Spend Like There's No Tomorrow. 'These Places Are Just Devouring Money.'

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