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re: GA Prof says Bama is a billion dollars in debt
Posted on 5/22/15 at 8:44 pm to CapstoneGrad06
Posted on 5/22/15 at 8:44 pm to CapstoneGrad06
quote:
Is anyone going the answer the question related to endowment versus debt? Or just grammar smack downs right now?
In my defense, I've answered a bunch of questions about this. Iron Tiger started going off on tangents about ACT scores, so I made fun of him for a while.
The endowments are restricted, but that's not particularly important to the situation. What IS important is whether or not Alabama has the cash flow to service the debt. It does, in some part due to the revenue from the endowments.
Apple raised $35 billion in debt last year as part of its capital plan. Anyone here concerned about Apple going out of business?
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