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UK Weighs Benefits Of Privatizing Dorms
University of Kentucky president Eli Capilouto told the UK Board of Trustees today that the university has launched negotiations with a Memphis-based company that could take over revitalization and expansion of the school's dorm operations. A Student Housing Developer Selection Committee has suggested that UK weigh the benefits of turning over the school's 6000-bed student housing system to a private company called Education Realty Trust. The announcement has raised a few eyebrows, including a few at the Wall Street Journal, which reported today that UK is one of the biggest schools in the country to consider privatizing its housing system and a successful move in that direction could spark a national trend.