I just cannot figure out why no new colleges and universities are being built.
Running a college is RIDICULOUSLY expensive. I am blown away by the cost to run the very small school where I work. Our staff is overworked and underpaid. The costs to deal with mental health, federal compliance, technology upgrades, etc are phenomenal. The tuition-driven model does not work in today’s world. You’d need a TON of cash, real estate, and endowment money.
You’d have to have money to burn/lose to give it a try, IMHO.