January 22, 2019
Foreclosing on a Faculty Critic
As an early faculty member at Ave Maria University (FL), the Roman Catholic institution established by the Domino's founder Tom Monaghan, Michael Raiger was also the first professor to move into Ave Maria, Fla., the planned community Monaghan opened near the university in 2007. To encourage professors to live close to the campus, for their benefit and that of their students, university administrators offered employees like Raiger and his wife loans of $150,000 to make homes more affordable. With their loan from Ave Maria, the Raigers bought their home for $353,000. This month, Ave Maria sought and won a court order to sell the house out from under Raiger, his wife, Caitlin, and their nine children who call it home.