Liberty U continues campus expansion

$500 Million buys a lot in Central Va.

http://wset.com/news/local/libertys-campus-turned-into-big-construction-zone-in-preparation-of-new-projects

Must be anticipating some new funding…

Easily covered by cash flow as is. LU generates free net cash flow over $200 Million/yr

http://990s.foundationcenter.org/990_pdf_archive/540/540946734/540946734_201506_990.pdf?_ga=1.164631295.1392637516.1482443747