The Associated Press
Birmingham-Southern College, a private liberal arts college in Alabama, will close at the end of May after running into financial difficulties and being unable to secure a financial lifeline from the state, officials announced Tuesday. The College Board of Trustees voted unanimously to close the longtime institution, officials said in a news release.
The Alabama Legislature created a loan program last year to provide financial help to distressed colleges, but state Treasurer Young Boozer denied the school’s loan application. New legislation was introduced this year. The college said in a news release that conversations with House leadership “confirmed that the bill did not have enough support to move forward.
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