A few weeks ago, the University of Massachusetts System made headlines when it allowed its flagship campus in Amherst to buy a cash-strapped private liberal arts school, Mount Ida College, for $75 million and an extra $11 million to satisfy the outstanding debts which would’ve sent the college into bankruptcy without the purchase.
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Why HBCU Trustees, Presidents Should Pay…
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A few weeks ago, the University of Massachusetts System made headlines when it allowed its flagship campus in Amherst to buy a cash-strapped private liberal arts school, Mount Ida College, for $75 million and an extra $11 million to satisfy the outstanding debts which would’ve sent the college into bankruptcy without the purchase.