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Looks like Central State is about to get a huge infusion of cash.

https://www.yahoo.com/news/hbc-us-receiv...59997.html

(05-08-2021 04:12 PM)CliftonAve Wrote:  Looks like Central State is about to get a huge infusion of cash.

https://www.yahoo.com/news/hbc-us-receiv...59997.html

They'll likely get around $2M according to a buddy of mine down there. It is based on a ton of different things that don't go in CSU's favor (positive student outcomes chief among them), still, thats a ton for a school like theirs.

(05-08-2021 05:20 PM)BearcatMan Wrote:  

(05-08-2021 04:12 PM)CliftonAve Wrote:  Looks like Central State is about to get a huge infusion of cash.

https://www.yahoo.com/news/hbc-us-receiv...59997.html

They'll likely get around $2M according to a buddy of mine down there. It is based on a ton of different things that don't go in CSU's favor (positive student outcomes chief among them), still, thats a ton for a school like theirs.

If history is a guide, it will be quickly frittered away.

(05-08-2021 07:10 PM)Bruce Monnin Wrote:  

(05-08-2021 05:20 PM)BearcatMan Wrote:  

(05-08-2021 04:12 PM)CliftonAve Wrote:  Looks like Central State is about to get a huge infusion of cash.

https://www.yahoo.com/news/hbc-us-receiv...59997.html

They'll likely get around $2M according to a buddy of mine down there. It is based on a ton of different things that don't go in CSU's favor (positive student outcomes chief among them), still, thats a ton for a school like theirs.

If history is a guide, it will be quickly frittered away.

Oh for sure...that's getting dumping into debt financing VERY quickly