New Books in Education cover image

Peter Felten and Leo M. Lambert, "Relationship-Rich Education: How Human Connections Drive Success in College" (Johns Hopkins UP, 2020)

New Books in Education

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The Growth of Elan University

When you started Elan, the endowment was a little bit under $50 million. When I left, we were at 7,000. In higher education today, having a critical mass of students is so important. We issued debt almost exclusively for revenue producing facilities. The state of North Carolina has a program where private institutions can borrow atridiculously low interest rates.

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