Purdue University trustees have approved building a third luxury dorm tower even through the school has vacancies in the
existing towers for the coming semester.
The board on Friday approved a $20.6 million construction contact for the First Street Towers project. University officials
say the bid from Hagerman Inc. of Fort Wayne was $5 million less than expected.
The new tower will include 174 rooms with single air-conditioned rooms with private baths like the towers that opened last
year. The room-and-board fee of about $14,900 is about $5,000 more than Purdue's next most-expensive housing plan.
Purdue Treasurer Al Diaz said that despite about 40 vacancies in the current towers, he believed the construction project
should go forward because the tower could not be built at this price in the future.

















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"When was the last time a university president announced a wage and benefit wage FREEZE for faculty? Why are the presidents NOT pressing for their employees to join the state health insurance program that is estimated to save the state hundreds of millions. "
The universities should be striving to provide valuable learning experiences at a lower cost today than yesterday.
I have few clients who can continually raise prices. In fact, most have had to reduce prices or become much more efficient to maintain profitability.
As long as universities and private school attendees can tap student loans, the schools have no incentive to become more efficient.
When was the last time a university president announced a wage and benefit wage hike for faculty? Why are the presidents pressing for their employees to join the state health insurance program that is estimated to save the state hundreds of millions.
What people say and write means nothing. It's what they do that defines them and schools are doing virtually nothing to adjust to a slowing economy, loss of jobs and students with fewer resources except cry, "Uncle".
Cut tax flows to universities now and make them live in the real world.