By James Clark | email
LUBBOCK, TX (KCBD) - One of the area's biggest institutions of higher learning gets a clean bill of health for its finances. Later this week, Wayland Baptist University turns to public investors to borrow $31.6 million dollars for both refinancing and new construction projects.
A company called Fitch gives Wayland an A- rating, saying the university has $63.4 million in reserves. That's a combination of cash and real estate. Wayland has 1,260 students at its Plainview campus and 4,670 at its satellite campuses worldwide.
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