In Two Years, University Debt Nearly Doubles - Elizabeth Krevsky , Cornell Daily Sun

The University sold $285 million in debt in May to help finance a new medical research facility at Weill Cornell Medical College in New York City, increasing Cornell’s total outstanding debt to $1.96 billion –– nearly double what it was two years ago. The University sold $285 million in debt in May to help finance a new medical research facility at Weill Cornell Medical College in New York City, increasing Cornell’s total outstanding debt to $1.96 billion –– nearly double what it was two years ago.