MIT will be around for the long term. Why not take advantage of lowered construction costs and low-interest debt and proceed with more construction projects?
We are keeping an open mind about this issue. We are monitoring the cost of construction and will continually evaluate whether there are advantages to accessing external capital to accommodate our physical campus needs. That being said, we must proceed with caution. The economy and financial markets remain volatile and uncertain, so we must be cautious as we consider our capital structure and incurring further debt.
