Trustee Says Howard University Is In Financial Trouble

A vice chairwoman of Howard University’s board of trustees told the board in a report published Friday that the school “is in genuine trouble” because of financial and management problems. Suggested Reading A Peek at Mariah Carey’s Fly Real Estate Portfolio Chris Brown’s and Donny Hathaway Both Sang ‘This Christmas.’ Only One Is Worth Playing…

A vice chairwoman of Howard University’s board of trustees told the board in a report published Friday that the school “is in genuine trouble” because of financial and management problems.

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“Howard will not be here in three years if we don’t make some crucial decisions now,” Renee Higginbotham-Brooks wrote in a letter published on the Chronicle of Higher Education’s website.

Among the concerns Higginbotham-Brooks mentioned were “competition for students from less expensive public colleges, the possibility of a reduction in federal appropriations, expenses associated with the university’s hospital, the absence of a robust fundraising system to offset declines in tuition revenue and a university workforce that she said is too large.”

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