$6-Million Loan Will Help S.C. State U. Avoid ‘Disaster,’ but Deficit Still Looms

By Charles Huckabee. South Carolina State University, said last week to be a month away from “financial disaster,” won a state board’s approval on Wednesday to borrow $6-million to help meet its payroll and pay other bills, according to reports by two South Carolina newspapers, The State and The Times and Democrat. More...