(10-19-2023 07:12 AM)Fighting Muskie Wrote:  

(10-19-2023 04:48 AM)Todor Wrote:  Birmingham-Southern College, which narrowly escaped closing last year, has been denied access to a state bailout loan for $30 million. They are suing state officials now.

B-SC officially have stated it’s unlikely they will survive without the loan.

https://www.highereddive.com/news/birmin...an/697110/

The college currently has 731 students and 284 employees.

Having 1 employee for every 2 students might explain why they are in such bad shape.

To me, the worst part is that they have been struggling for years and they still have this situation currently. Once a school is in desperation mode and is begging for state money, they should at least act like they are attempting to be fiscally responsible and are capable of making decisions that will ensure their long term survival.