<p>Here’s a recent article on UChicago dipping into more debt to cover expansion:</p>
<p>[Crain’s</a> Chicago Business : Subscription Center](<a href=“http://www.chicagobusiness.com/article/20130817/ISSUE01/308179974/u-of-c-tries-to-keep-up-with-the-ivy-league]Crain’s”>http://www.chicagobusiness.com/article/20130817/ISSUE01/308179974/u-of-c-tries-to-keep-up-with-the-ivy-league)</p>
<p>UChicago utilizes more debt, and can rely less on donations, than some of its chief peers (including Harvard, Yale, Northwestern, and Columbia).</p>