April 9, 2008

Campus Construction Continues Despite Economy's Woes

By Lawrence Biemiller

The economic outlook may be sour for Wall Street's investment banks and for homeowners who took out mortgages they couldn't really afford, but campus planners and architects say that—so far, at least—colleges' construction plans are largely unaffected by the downturn.

Some colleges, in fact, are trying to speed up projects to limit the damage done by rising construction costs. And Arizona's three public universities have pitched a creative "economic stimulus" plan in which the

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