US: 180-Year-Old Private South Carolina's Limestone University To Close Down After USD 6 Million Fundraising Drive Fails
A 180-year-old private Christian university in South Carolina is closing at the end of the semester after failing to raise USD 6 million to keep its doors open. Limestone University officials said that after two weeks of furious fundraising and other actions, they collected just a little over USD 2 million and had no choice but to close its campus.
Columbia, April 30: A 180-year-old private Christian university in South Carolina is closing at the end of the semester after failing to raise USD 6 million to keep its doors open. Limestone University officials said that after two weeks of furious fundraising and other actions, they collected just a little over USD 2 million and had no choice but to close its campus in Gaffney and its online programmes.
슬롯사이트œOur Limestone spirit will endure through the lives of our students and alumni who carry it forward into the world,슬롯사이트� said Randall Richardson, chair of Limestone University's trustees. 슬롯사이트œThough our doors may close, the impact of Limestone University will live on.슬롯사이트� The university stunned its students, alumni and community when it announced earlier in April without warning that it was in such bad financial shape that without an immediate infusion of USD 6 million it would have to close.슬롯 머신 사이트 추천'Those Canals Would Not Exist Without the United States of America': US President Donald Trump Says American Ships Should Be Allowed To Travel Through Panama and Suez Canals for Free of Charge.
More than 200 people gave a total of about USD 2.1 million, but it was not enough. The university said the donations will be returned. South Carolina lawmakers decided not to step in because Limestone University is a private institution. Private colleges and universities like Limestone have been closing at a rate of about two per month, according to the State Higher Education Executive Officers Association. More colleges around the country have been closing as they cope with steep declines in enrollment, a consequence of both changing demographics and the effects of the pandemic.
Tens of thousands of students suddenly find their college careers in limbo and a number of them never return to school. Limestone University promised to help all its students transfer to other schools. The closure will also leave several hundred professors and support staff without jobs in Gaffney, a city of about 12,500 people on Interstate 85 between Charlotte. North Carolina, and Spartanburg. About 50 students gathered outside where trustees met Tuesday night and hugged as they got the email announcing the university was closing. Daniel Deneen Jr. of Myrtle Beach played football for Limestone and was jarred that he had to change his plans for his education.슬롯 머신 사이트 추천US: Trump Administration Revokes 4,000 Student Visas Over Criminal Records Linked to Assault and Robbery, Says Report.
슬롯사이트œWhen we found out the school had USD 30 million in debt, we all wondered how they were going to get out of it. The last two weeks have been very stressful with finals coming up this week.,슬롯사이트� Deneen told The Post and Courier. Limestone University, founded in 1845, will hold its final commencement Saturday. Limestone isn't the only college in the region to announce it is closing this month. St. Andrews University about 150 miles away in Laurinburg, North Carolina, will close on Sunday after the spring semester. The school is a branch campus of Webber International University.
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