Wednesday, December 15, 2004

Stanford's improved finances to affect construction?

There's been relatively little construction on Stanford campus pursuant to the 2000 General Use Permit, but much of that lull could be attributed to finances. Things may be changing:

"The university’s investment returns last year were $1.7 billion. The university’s endowment is now $9.9 billion, up from $8.6 billion a year ago."

We'll need to keep a watch on the pace of construction, to see if it's affected by this. Spending the extra cash on environmental research and conservation would be extremely welcome.


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