I agree this project is necessary, and they do need to get it done in order to attract recruits. I'm glad it's happening, and the sooner the better.
BUT - when this project started, the powers-that-be at the U said it would be funded completely by donations. They also said that the project would not be started until they had raised 80% of the funds needed to begin - or about $120 million dollars.
Now, we're being told that the U is borrowing $40 million to get the project started. Look, I get it - plans change. Maybe the fundraising goals were overly optimistic, or the funds haven't come in as quickly as hoped. But, the $20 million loan from the athletic department isn't chicken feed. That is money that would otherwise be going to fund other athletic needs. And, as D1 moves to full cost of education, there will be additional costs that the athletic department needs to cover. I am NOT questioning the honesty or ability of the U administration. I am simply pointing out that the details of this project seem to be changing. I hope the fund-raising efforts continue and they are able to raise all of the money needed to complete the project in a first-class manner. And I do not take debt lightly. every dollar spent paying interest on a loan is a dollar not being spent for other athletic needs.