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As colleges retrench, Â鶹ֱ²¥ goes on offensive

The leaders at Â鶹ֱ²¥ are quite bullish about its future.

During a year filled with uncertainty for many industries, including higher education, the small Catholic university at Cold Spring Road and West 30th Street is preparing to embark on another ambitious project.

The school, which expects to serve 5,000 students this year, plans to launch its own engineering school, a project with estimated startup costs of $50 million.