Birmingham-Southern College’s future at stake as lawmakers discuss $37.5 million bailout

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Birmingham-Southern College’s future at stake as lawmakers discuss $37.5 million bailout
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Birmingham-Southern President Daniel Coleman is seeking state, city, and county funding for the private college, which is in danger of closing. More:

In a letter to members of the Jefferson County Delegation of the Alabama Legislature, Sen. Jabo Waggoner and Rep. Jim Carns wrote: “Birmingham-Southern has been operating in financial distress for over a decade. Without support, it will not be able to continue to operate after May 2023.”

Birmingham-Southern College is known the world over for academic excellence. News Staff Bernard Troncale.In a statement released Saturday, the college said the public funds were needed to “allow sufficient time for the fund-raising effort to succeed ad to give BSC breathing room to operate.” “Subsequent presidents did a remarkable job of funding the year-to-year operations of the College despite significant challenges. Without a healthy endowment, the economic model under which BSC operates is simply not sustainable for the long-term.”

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