"UNC system facilities are 'in a mess' "

"In a sense, the bond program exacerbated the problem by financing so many new buildings that require upkeep.

"We built a bunch of new facilities; we really upped the ante spending $2.5 billion," said Roger Perry, a UNC-CH trustee leading that working group. There was no provision for maintaining the new buildings. (DUH!)

...

Earlier this year, Ohio State University took a bold step to hold down facility costs, requiring that for a new building to go up, another of equal size would have to come down. The goal there is to add no net academic space, said Julie Anstine, Ohio State's special assistant to the senior vice president for administration and planning."

Read more: http://www.newsobserver.com/2010/10/03/717591/unc-system-facilities-are-in-a.html#ixzz11JTcOItq

Here's an idea to cut costs: Reduce some of those exorbitant faculty salaries and retirement packages!

increase my "exorbitant faculty salary" and give me a retirement package.

Seems like nobody is minding the store anymore. Nobody seems to care about cost.