Economy Hits Hard on Black Campuses
On Tuesday, Morris Brown College, one of a cluster of historically black institutions here, narrowly averted having its water shut off for the second time this school year by paying $150,000 toward an outstanding bill of more than $200,000.
But the college is not yet in the clear financially: It is down to 151 students and is $30 million in debt.
Morris Brown’s problems stem largely from financial mismanagement that led in 2003 to a ...
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