That's pretty interesting.nacluth said:
I bet. It used to be 20 years ago that when the government wanted to do an environmental reclamation project, they would put $60 million in a certain project. The $60M would bring $1M in interest, so the project could run for a year on $1M with never touching the principal. I bet that has now gotten close to $80M. This is probably the seed money to draw in other investment and act as the endowment for the school.
I think this will be good for East Texas.
Still think SFA needs a School of Health for producing everything other than MDs.