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How can we afford to loan money to redevelopment corporations in the area around campus if we can afford our own operating expenses?

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How can we afford to loan money to redevelopment corporations in the area around campus if we can afford our own operating expenses?

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The funds loaned to area development corporations are just that – loans. The university loaned this money as a conscious decision to diversify our endowment. The repayment of those loans is currently bringing in more money than if the funds had been invested in the stock market.

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