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Are Construction Costs Driving Up College Tuition?

Are Construction Costs Driving Up College Tuition?
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In this Nov. 13, 2008 file photo, the campus of Harvard University in Cambridge, Mass. is seen. Harvard University officials say Thursday, Sept. 22, 2011 that its largest-in-the-nation endowment earned a profit of $4.4 billion in fiscal 2011, growing to a robust $32 billion. This marks the second year in a row of strong growth for an endowment that fell by $11 billion to $26 billion during the fiscal year that ended June 2009. (AP Photo/Lisa Poole, file)
In this Nov. 13, 2008 file photo, the campus of Harvard University in Cambridge, Mass. is seen. Harvard University officials say Thursday, Sept. 22, 2011 that its largest-in-the-nation endowment earned a profit of $4.4 billion in fiscal 2011, growing to a robust $32 billion. This marks the second year in a row of strong growth for an endowment that fell by $11 billion to $26 billion during the fiscal year that ended June 2009. (AP Photo/Lisa Poole, file)

Andrew Martin has a very long, and not particularly illuminating, article about college indebtedness in today's NYT. The title of the piece is "Colleges' Debt Falls on Students After Construction Binges", and it's almost 3,000 words long, but somehow Martin fails to even hazard a guess as to the degree to which colleges' debt is falling on students after construction binges. We're certainly told that it's happening:

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