Hurricane Damage at Texas Colleges Could Reach $1-Billion

The cleanup, repair, and recovery costs from Hurricane Ike could approach $1-billion for Texas colleges and universities, according to reports from the Texas Higher Education Coordinating Board and the campuses themselves.

The University of Texas Medical Branch at Galveston accounted for more than $710-million of the damage, according to early estimates. That figure, which covers damage to buildings and infrastructure, lost equipment, and cleanup, does not include $100,000 in