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Message: [QUOTE="elimunelson, post: 4062495, member: 615"] It was a revenue hit but colleges I argue are worth more now. The endowments are up, tuitions weren’t cut at all and the value of the lands they own (which they pay nothing on) are up appreciably. Syracuse isn’t going to get an ounce of sympathy from me on a one year revenue miss. As I said school has a lot of levers to pull to leverage the 30mm per they get from ACC. School is fine financially. The q is do they want to spend more to cut bait. My guess is no because whom ever comes in won’t turn anything around so they will stick w the sunk cost in place [/QUOTE]