Concordia University's path to financial ruin may have been sealed a decade ago. The private Lutheran university, which called Northeast Portland home for more than a century, hitched its fate to an educational technology company known as HotChalk. The Oregonian's Molly Young highlighted that problematic relationship in 2016, but according to documents obtained by Young and Jeff Manning, Concordia's ties to HotChalk went far beyond that. If the school were to completely collapse, it faced a potential $400 million debt owed to the company. Young and Manning talk about their latest story, how the school collapsed, the reaction from students and staff and what it all means for the 24-acre campus.

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