Wichita State is $313 million in debt. Many factors play into the increased debt Wichita State accumulated in fiscal year 2025, including large investments in its Innovation Campus and the athletics departments operating on a deficit.
During the Kansas Board of Regents meeting in March, Chief Financial Officer David Miller presented WSU’s mid-year financial reports, giving the outlook for the coming fiscal year and related budget cuts. KBOR oversees public higher education in the state.
For fiscal year 2025, WSU accumulated $235.9 million in debt — an increase from the previous year of $219.6 million. Miller said this increase was mostly caused by the State Aviation Jobs Loan Program that was approved by KBOR in Oct. during a special session…