The University of Kentucky is considering whether to turn over all of its campus housing — 6,000 beds’ worth — to a private company that would promise to rebuild most of the existing residence halls, as well as to add some 3,000 beds within 10 years.
The university said in a news release Wednesday that it is negotiating with Education Realty Trust “to determine whether it is advantageous economically and to students” to make such a deal. Eli Capilouto, the university’s president, told the Board of Trustees on Tuesday that the university would also consider financing the expansion and renovations itself. At a board retreat in October, members “identified the transformation of residence halls as a top priority,” the university said.
The Wall Street Journal said such a deal would cost the company $500-million. In return, the company would collect rent from students.

