From The State (not the comedy troupe):
USC hopes to open the new law school by 2016 — a year before its 150th anniversary — in the block bounded by Gervais, Pickens, Senate and Bull streets, officials said.
Trustees are expected to vote on a financial package for the new law school at a meeting at USC Aiken today.
The school has raised $17 million in donations through the end of 2012 and received $15 million from state funding and bonds. USC projects seeking $35 million in additional state revenue bonds.
Oh, and let's not forget another fun source of funding - alums in positions of government authority!
The law school is set to receive $2 million from a legal settlement announced earlier this month by S.C. Attorney General Alan Wilson, a USC law alum.
How refreshingly Valvoline Dean of this southern public!
Of course, South Carolina is the only public law school in the state, and the only school that isn't flagrantly bogus, so I guess they figure they can spend forever and not have to worry about ever losing their natural market. On the flipside, the school is in debt and South Carolina has no need for more lawyers.
Know how this ends up? Hint: the law school wins and winds up with a $100 million building.