If it's anything like the colleges in this area, much of that money is going towards endless construction of "student life" type facilities, designed to market the campus towards visiting 17-year olds who will soon be able to mortgage away their future spending power.
Same thing happens which clinics and health providers... new and more new buildings. And with two large competing clinics in town its costing the local region more. Both are trying to out due the other. Every time I visit I look around and think "this is what I'm paying for?" I'm okay with the 70's orange chairs, I don't need a dozen fish tanks and bird cages, I'm guessing all that cool looking glass facade is poor at insulating against outside heat and cold...
EDIT: I suppose these "costs" are probably just a drop in the bucket compared to other expenses. Doctor's salaries are higher do to competing for the "best" doctors (similar to the situation in SV with Apple/Google/etc.) and I'm guessing it's "wasteful" to have two or each machine (one at each clinic/hospital) if they aren't currently being utilized "enough".
I find this highly ironic when my alma mater keeps raising the prices, yet this year they somehow had a $9.7 Million shortfall:
http://bangordailynews.com/2014/03/28/education/university-o...
I simply don't understand where the vast amount of tuition money is going.
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