Unwise capital expansion combined with administrative bloat and a lack of innovative and relevant curricular offerings.

From the article:
"In total, HSU’s administrative personnel costs rose 40.6% in the past seven years. For context, over the same period, expenditures on faculty salaries increased by a meager 3.5%."

forbes.com/sites/michaelpoliakoff/2020/05/14/a-small-religious-university-in-west-texas-foreshadows-what-may-become-of-higher-education/#e8604ce4d39a