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experience and are opportunities for personal and educational growth. The University <br />currently houses 3,800 students in its residence halls. That number will increase by 450 to <br />4,250 when the Global Scholars Hall opens this fall. Over the next ten years the University <br />plans to increase residence hall space by another 800 beds. The University has set a goal of <br />being able to house 25% of the undergraduate student population. The University’s top <br />priority is to house all of the first-year students that desire university housing. In addition, <br />the University wants to offer housing to interested upper class students. However, the <br />University's projects must a) be self-supporting, as there is no central subsidy, and b) <br />coordinate all campus construction through the Oregon University System and the <br />legislature, who establish limits on borrowing based on best practices for government <br />financing. Therefore, future U of O construction projects will possibly compete with state <br />provided bonded projects from across the state and the other six state universities when limits <br />on binding capacity are reached. <br /> <br /> <br />