A student-housing developer with a crushing debt load pressured Georgia to bring college kids back to campus so it could keep its dorms full and revenues up
—Dr. Janet Frick sets her own attendance policy 😷 One professor, who spoke on the condition of anonymity because her college president told faculty not to speak with the press about the housing controversy, said she worries that the influx of students and staff could put even more pressure on her town's local hospital, which has been operating at maximum capacity.
His company entered the student-housing business in 2012 through a deal with the Alabama College of Osteopathic Medicine. Its big break came when Georgia's BOR wanted to outsource some housing, particularly for small, largely commuter campuses that sought to attract more live-in students. Georgia looked for companies with previous experience running military housing, said a former employee, who spoke on the condition of anonymity.Student housing can take a number of forms.
Last year, Corvias applied to build three men's prisons in Alabama, but later withdrew its application, said a former employee who spoke on the condition of anonymity. In June, Georgia Tech senior Kelly ONeal was concerned about the University System of Georgia's reopening plan, which included a mandate that no schools, including her own, require masks on campus.
In the spring, Georgia's BOR closed campus housing and provided $13.4 million in rent refunds, depleting its reserves, per the June document."Corvias did not cover or share in responsibility for this refund nor indicated a willingness to do so for Fall 2020 if housing is similarly closed for public health measures," the document said.
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