"Former Calvin College president's $10M Lake Michigan home featured in 'Mansion'"...Since Byker's 2012 departure, the Christian liberal arts school has struggled to pay down an estimated $115 million of long-term debt that accumulated during his tenure.
Investments meant to pay down the sum generated smaller than expected returns, and the college spent more money than it had on construction projects and real estate, according to a report by the college...."
http://realestate.mlive.com/realestate-news/2016/07/former_calvin_college_presiden.html