Rising interest costs bog down U. of I. debt

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Rising interest costs bog down U. of I. debt

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March 30th, 2008

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Rising interest costs bog down U. of I. debt

Sun, 30 Mar 2008 04:00 CST - University of Illinois officials say the country's credit crisis is costing the school as much as $50,000 a week in higher-than-expected interest costs. To control the expense, administrators are restructuring $110 million in short-term, variable-rate debt.

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Rising interest costs bog down U. of I. debt

Rising interest costs bog down U. of I. debt

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