Georgia could become biggest test of private dorms - Atlanta News, Weather, Traffic, and Sports | FOX 5

Georgia could become biggest test of private dorms

Posted: Updated:

By KATHLEEN FOODY
Associated Press

ATLANTA (AP) - Georgia is on course to become one of the nation's largest experiments in privatized college dorms, but it's unclear whether the changes will lower students' bills at a time when university costs are soaring.

The new arrangements would lease to private companies the future revenue streams from the dorms - essentially student rent. In exchange, companies would oversee maintenance, and also take on responsibility for any existing debt on leased properties.

The state's university system has been planning the changes since 2012.

In recent years, universities nationwide have begun turning to private developers to replace 1950s-era housing as states cut budgets and send less money to universities.

Student housing on nine campuses is included in the privatization plan backed by the Georgia system's governing body, the Board of Regents.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More Local NewsMore>>

  • Fatal shooting off Venetian Drive SW

    Fatal shooting off Venetian Drive SW

    Tuesday, September 2 2014 4:03 AM EDT2014-09-02 08:03:45 GMT
    Atlanta police are investigating after a man was fatally shot outside of an abandoned car wash.
    Atlanta police are investigating after a man was fatally shot outside of an abandoned car wash.
  • Burglars pretend to be engaged couple buying a home

    Burglars pretend to be engaged couple buying a home

    Monday, September 1 2014 11:18 PM EDT2014-09-02 03:18:05 GMT
    Deputies are asking the public for help to find more homeowners who may have fallen victim to two burglars, pretending to be in the market for a home.The Forsyth County Sheriff's Office says Tyler Michels and Rebecca Weismayer were arrested for burglarizinga 76-year-old man's home. Deputies say the two posed as an engaged couple looking to buy their first home. Detectives tell FOX 5 the homeowner let the suspects in, allowing the two to case his home. The two waited until the homeowner left, ...
    Deputies are asking the public for help to find more homeowners who may have fallen victim to two burglars, pretending to be in the market for a home.The Forsyth County Sheriff's Office says Tyler Michels and Rebecca Weismayer were arrested for burglarizinga 76-year-old man's home. Deputies say the two posed as an engaged couple looking to buy their first home. Detectives tell FOX 5 the homeowner let the suspects in, allowing the two to case his home. The two waited until the homeowner left, ...
  • Savannah police seek leads on 2 weekend killings

    Savannah police seek leads on 2 weekend killings

    Police in Savannah are seeking leads after two men were shot to death over the Labor Day holiday weekend.
    Police in Savannah are seeking leads after two men were shot to death over the Labor Day holiday weekend.
Powered by WorldNow

1551 Briarcliff Rd., NE
Atlanta, GA 30306

Main Number: (404) 875-5555
News Tips: (404) 898-0100

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices