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ERIC Number: EJ968328
Record Type: Journal
Publication Date: 2012-Apr-12
Pages: 2
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: ISSN-1557-5411
Now What?
Stuart, Reginald
Diverse: Issues in Higher Education, v29 n5 p10-11 Apr 2012
When officials at tuition-driven Fisk University raised the veil of secrecy a few years ago surrounding the university's financial condition, the details they laid out were less than encouraging. The Nashville-based university, home of the historic Jubilee Singers, was losing several million dollars a year and had not received any major private support for a school of its stature in at least two decades, the Fisk officials told a Tennessee judge. Fisk had mortgaged all its property it could to raise cash to keep its doors open, they explained. In the nearly two years since Fisk publicly detailed its financial crisis, Southern Association of Colleges and Schools, or SACS, has maintained Fisk's accreditation while steadily raising red flags about the school. The author discusses how experts weigh in on the next steps Fisk should take toward successfully maneuvering beyond its financial woes.
Cox, Matthews and Associates. 10520 Warwick Avenue Suite B-8, Fairfax, VA 20170. Tel: 800-783-3199; Tel: 703-385-2981; Fax: 703-385-1839; e-mail: subscriptions@cmapublishing.com; Web site: http://www.diverseeducation.com
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Tennessee