LU Announces Successful Funding Goal For Campus Projects

Liberty University sold $100 million in taxable bonds earlier this to help finance campus construction projects over the next five years. Chancellor Jerry Falwell Jr. tells the News and Advance that LU is taking advantage of its continued strong financial position, the low interest rates and the low construction costs that exist because of the economy. The money will go toward the 50-million dollar Jerry Falwell Library, a new medical school, new student housing and the renovation of several academic buildings.