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Penn State reviews regional campuses; athletics renovation funded without tuition or state dollars, president says
Summary
Penn State President said all options are on the table in reviews of Commonwealth campuses, and clarified that a $700 million Beaver Stadium renovation will be financed through borrowing, ticket sales, concessions and philanthropy — not student tuition or state appropriations.
Penn State’s president told the House Appropriations Committee on Feb. 20 that the university is conducting a careful review of its 20 Commonwealth campuses and that “all options are on the table,” including regionalization and other structural changes aimed at improving student experience and fiscal sustainability.
President Neeli Bendapudi said the university offered voluntary…
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