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Message: [QUOTE="upperdeck, post: 1039286, member: 474"] I know that at Cornell at one time we have had projects in construction worth 500 million. that was late 80's but in any given year in the projects are 100-200 million most of the cost is debt and little of the money is actually accounted for before construction begins. you give us 20 million and we will build a 100 million worth of building and its almost all debt financed and hopefully donations cover some on the back end. I would think SU is doing much the same do having 300 million in debt doesnt mean they owe 300 million at any one time its likely spread out over a large number of years. and the endowment could actually cover it if they were forced too.. if i have 50,000 in a bank and buy a 20,000 car am i in debt 20K [/QUOTE]