like the "new $50 million Brenda Lawson Athletic Center" mentioned in the article. If they have locked in today's historically low interest rates, this should be reduced over time as the principal balance declines. If, on the other hand, they have used variable rate financing, either directly or via a swap, they could see the cost balloon when the Fed allows rates to increase. This is a big part of the "arms race" to be a "Top Ten" program.
