November 25, 2005
Colleges Say Hurricanes Dealt Them $1.4-Billion in Physical Damage
The 27 colleges and universities hardest hit by Hurricanes Katrina and Rita face physical losses of about $1.4-billion, plus millions more in lost tuition revenue and salaries for a washout semester, the Association of Jesuit Colleges and Universities estimated last week.
Cynthia A. Littlefield, the association's director of federal relations, cautioned that the estimates were preliminary and likely to change. But they give an idea of the staggering economic toll that the 12
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