"And Webster’s bet on pivoting from being an arts-focused institution to one catering to business, technology and health sciences — leading it to take out over $60 million in bonds to construct new high-tech buildings at its main campus here — has yet to pay off."
https://www.stltoday.com/news/local/education/as-annual-losses-reach-25m-webster-university-looks-to-pivot-student-focus/article_67d29702-415a-5817-aadd-1f0b572586ee.html