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.
“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.”
image credit: cwsl
BlackEnterprise.com is the premier business news and investment resource online for African American business owners and aspiring entrepreneurs