While Penn State leadership continues to sing the financial blues as an excuse for higher tuition and lower salaries, they're continuing the rapid expansion by purchasing more buildings and properties.
Penn State will pay $4.4 million to buy the James Building, which it currently rents as offices for the Daily Collegian and The College of Communication. This is on top of last spring's purchase of the Houtz property for millions more.
Long-term, they're saying that the move will save money. But, it's impossible to justify this spending when we're in such precarious financial position.
Unless, of course, we're not in that bad of financial straits and this is the typical BS and PSU.
Showing posts with label building. Show all posts
Showing posts with label building. Show all posts
Sunday, January 25, 2009
Subscribe to:
Posts (Atom)