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“Thanks to their leadership, the Board felt comfortable with moving forward, and has charged President Daniel Coleman with preparing for a public fundraising campaign to restore the College’s endowment,” Thompson said. “Please know that we are doing everything we can to ensure the best possible outcome for the College and for our campus community. The board continues to meet. We will provide an update later today.”Birmingham-Southern students weigh options while college maintains push for state bailout
But it’s impossible to answer with certainty every question relating to the college’s finances until the Alabama legislative session concludes, they said. Financial problems first emerged in 2010, when then-president David Pollick resigned after a controversy over accounting errors, overspending and increasingly dire budget deficits. The school has worked to right-size its finances, but still has struggled to pay off debts and manage changing student needs.Officials projected a rise in freshman applicants this year, but it is unclear how many students have committed for the fall 2023 semester.
Great news. Thank God!! 🙏🙏🙏
NO NO NO! So instead of 97M let’s bump it to 134M in debt! I thought this was a quality school, THE MATH DOES NOT WORK! I will question the legality if one red cent was used of public tax money !
They Praying gor a miracle
What a bunch of scam artists. They never needed the funding in the first place.
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