Birmingham-Southern College in ‘financial distress,’ in danger of closing in 2023, lawmakers say; school responds

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Birmingham-Southern releases a statement about the college's future after Alabama lawmakers say 'it will not be able to continue to operate after May 2023' unless it receives financial support.

Birmingham-Southern College, the liberal arts college whose roots date back to its charter as Southern University by the Alabama Legislature in 1856, is in danger of closing.

In a statement, released Saturday afternoon, BSC stated Coleman “has secured commitments from hundreds of private donors for $45 million towards the goal of raising $200 million.” “The government infusion would enable the fundraising to continue for three more years so that BSC can replace its endowment and continue to operate as an independent college,” the lawmakers state.

Source: Education Headlines (educationheadlines.net)

 

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If the leadership in the college cut their salaries too, then maybe the public would feel comfortable about this…

Just like Bryan Whitfield Regional Hospital in Demopolis, AL. They ran that pile of shit into the ground, accepted grant money to 'revitalize', and are making Marengo Co residents pay it back. They're still killing patients every day, but hey, the halls are painted at least...

Look at the hate being spewed in the comments. Everyone truly does hate everyone else in this country today.

Bye Bye BSC. Taxpayer money is for public endeavors. Maybe a satellite campus that is not in the middle of a gang War zone could have saved your school.

Why reward failure?

I'm sure the journalistic fraud Izzy Gould is for the funding of this liberal indoctrination center.

so close it

The state should be giving money to schools like West Alabama. Small public universities that need the funding before bailing out dying private liberal arts colleges.

Post the salaries of the administration.

Why should taxpayers be on the hook for the poor financial decisions of a private enterprise?

Very sad to hear this. Wonderful institution.

It's a private institution. You need to spend money on some of your public school systems. Have any of you taken a look at the county school system in Marshall County? Pitiful!

The school is right in the middle of a hell hole.There is a housing project near by who's only exports are crack and welfare babies. Should have moved 20 years ago

Private school. Their problem. No public money.

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