Mark Grabowski was featured in a Newsday story on Adelphi University's decision to issue $55 million in new bonds for campus upgrades. The article, which revealed that the debt load prompted S&P Global to downgrade Adelphi's credit rating, quoted Grabowski questioning whether the investment made strategic sense given demographic challenges facing higher education.
"Our facilities need updating — classrooms and labs are outdated," said the Adelphi professor, "but the strategic question is whether taking on tens of millions in debt makes sense given the well-documented demographic realities facing higher education in 2026 and beyond."
The story highlighted declining enrollment at Adelphi and the university's expansion into Manhattan as it navigates financial pressures.
"Our facilities need updating — classrooms and labs are outdated," said the Adelphi professor, "but the strategic question is whether taking on tens of millions in debt makes sense given the well-documented demographic realities facing higher education in 2026 and beyond."
The story highlighted declining enrollment at Adelphi and the university's expansion into Manhattan as it navigates financial pressures.
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