Transcript

And then the Dean left, I think just kind of overcome by all of this. And the President, I guess, asked George Baker if he would take it on as Acting Dean, and he did. And then after a year or so, I suppose—I think it was a year—he agreed to take it on as Dean.

And I remember that summer I met him for the first time, and he said that he had no money to pay the summer payroll. And there was several hundred thousand—six or seven hundred thousand—of student loans that had never been collected. And he asked if I would stop doing case writing and try and collect some of this stuff.

So that was my first window into this place. And the impression I had at the time—and I still do—was that I was astounded at how different it looked from the inside than it did from a student's point of view.