Young Boozer: If Birmingham-Southern College closes, it’s on them – not the State Treasurer
When state officials were approached to bail out Birmingham-Southern University, the university had already established a dismal financial performance. From 2004 to 2010, the company borrowed large sums of money imprudently to construct facilities. Multi-million dollar miscalculation of Pell Grant awards Depleted endowment funds of $130 million in 2000 Moody's Investors Service downgrades the company's […]
