In 2022, Birmingham-Southern College officials announced that the school was nearly $38 million in debt and in imminent danger of shutting down.  Since then, BSC Board Chairman Rev. Keith D. Thompson announced the school would remain open – contingent on bridge funding from state and local government.  That funding was expected to be secured after the Alabama Legislature authorized the Distressed Institutions of Higher Education Revolving Loan Program, which was discussed by lawmakers as tailor-made for BSC’s financial and institutional standpoint.  The bill, backed by State Sen. Jabo Waggoner...

1 year ago

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