Debt, financial challenges strike Schools of Arts and Sciences and Engineering budget - SOPHIE LEHRENBAUM, Daily Tufts

According to the Budget Overview for 2017, the shared budget of the Schools of Art and Sciences and Engineering (AS&E) must pay off $10 million in outstanding debt this year as part of its annual payment of debt and interest against a total of $161 million in outstanding debt. This has been issued to the school over time to support the construction of new buildings, such as the Collaborative Learning and Innovation Complex (CLIC) and the Science and Engineering Complex (SEC), as well as the upkeep to existing facilities. According to the Overview, the building of the CLIC and SEC in particular has increased annual debt payments by $7 million in the past three years. https://tuftsdaily.com/news/2017/12/05/debt-financial-challenges-strike-schools-arts-sciences-engineering-budget/