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Tag: operating budget
HBCUs
With $8 Million Deficit, Bethune-Cookman Faces Potential Accreditation Loss
Bethune-Cookman University (B-CU) a private historically Black university must close its $8 million budget deficit by March if it is to remain in operation, reported the Daytona Beach News-Journal. The school, founded in 1904, is currently in its second year of academic probation. “2020 will be a pivotal year in history of B-CU,” President Dr. […]
February 4, 2020
HBCUs
SUNO Cuts Staff, Suspends Athletic Programs
In response to insufficient finances, Southern University at New Orleans — the city’s only historically Black public university — has cut several staff members and has accepted “a significant number” of resignations, reported The New Orleans Advocate. The school, which was placed on probation by its accrediting agency due to its financial struggles, hopes to avoid a second consecutive year of probation.
January 13, 2020
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