“This is a private college, but it has a lot of public benefit,” RepTerriSewell said. “It has also been an economic engine for the city of Birmingham and Jefferson County.”
“I’ve seen what happens when higher education closes in our district,” Sewell said. “Our district can ill-afford to lose another institution of higher learning of the caliber and quality of Birmingham-Southern.”
Birmingham-Southern College formed from a 1918 merger of Southern University, dating to 1856, and Birmingham College, dating to 1898, both founded by the Methodist Church. “I believe it’s important that we continue to let an institution like this thrive, not just survive,” Sewell said. “I know how much Birmingham-Southern College does to go out and recruit public school folks from the community of Birmingham and Jefferson County. That is another valuable service that it offers to us.”“I’m very hopeful,” Coleman said.
He said BSC has been running deficits every year and draining its endowment. It has gone from a $48 million endowment in 2012 to between $20 million and $25 million in endowment now. “We’ve had to drain more than a sustainable amount,” he said.The future of the 200-acre campus hangs in the balance as he awaits action from state and local leaders.See also:
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