Student loans aren’t the only kind of university debt. Colleges and universities have borrowed billions, mostly to build new dorms, dining halls and facilities, spaces they may – or may not – need as student enrollment declines nationally. Today, nearly 10 cents of every dollar in university budgets helps pay interest on institutional debt.

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Credits:

Hosts: Kirk Carapezza & Jon Marcus

Supervising Editor: Megan Woolhouse

Editor: Jeff Keating

Executive Producer: Ellen London 

Mixing and Sound Design: David Goodman & Gary Mott

Theme Song and original music: Left-Roman

Artwork: Matt Welch 

Project Manager: Meiqian He

Consulting Producer and Head of GBH Podcasts: Devin Maverick Robins

"College Uncovered" is a production of GBH News and The Hechinger Report.