Baylors Sexual Assault Scandal Could Cost University $223 million
The sexual assault scandal at Baylor University could cost the Baptist school $223 million dollars in expenses and lost revenue, according to estimates released Tuesday by a group of alumni and donors.
The financial estimates project the school will lose nearly $101 million in lost revenue and will face as much as $122 million in expenses like settlements and Title IX compliance.
In a statement, the University said they wouldn't address BLR's financial estimates.
"Beyond confirming Baylor University is and will continue to be strong and financially healthy, we will not respond to such speculation with any further comment," the statement reads.
Read more: http://kwbu.org/post/report-bu-sexual-assault-scandal-could-cost-university-223-million
[font color=330099]It looks like Baylor is still in the denial stage.[/font]
