Syracuse University's debt more than doubled under Chancellor Nancy Cantor's watch

Source: syracuse.com Posted By: Mary P...4061 days ago

When Nancy Cantor steps down as Syracuse University chancellor next year, she will leave her successor a transformed and expanded campus.

And $400 million of debt.

That’s more than two-and-a-half times the $150 million debt Cantor inherited when she became chancellor in 2004.

As gleaming new buildings have risen on and around the SU campus, debt has risen, too -- at a much faster rate than revenues or enrollment. Annual debt payments have more than tripled. Two ratings agencies say SU has....

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