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Post by troysux on Mar 26, 2024 13:52:57 GMT -6
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Post by Whup Em All on Mar 26, 2024 17:18:10 GMT -6
I can't say I'm surprised.
BSC has long been ranked as one of the worst college values in America. Off-the-charts expensive tuition (priciest in Alabama). Mediocre academic reputation.
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Post by jsu02 on Mar 26, 2024 20:25:57 GMT -6
BSC has a lot of wealthy alums and they didn't seem that interested in bailing the school out. BSC's president very wealthy and could have personally loaned the school the money and chose not to. If those people aren't willing to do it, why should the people of Alabama? I wouldn't be surprised if the BOE or a state university ends up buying the campus.
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Post by troysux on Mar 27, 2024 5:35:29 GMT -6
Not really the job of the president to loan money to the school out of his own pocket. I doubt he has what they needed laying around anyway.
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Post by Whup Em All on Mar 27, 2024 9:55:52 GMT -6
What I don't get is all the people (not here, but elsewhere online, like Facebook) saying how losing two colleges -- Judson (a couple years ago) and now BSC -- is a "black eye" to Alabama.
THESE ARE PRIVATE COLLEGES.
If Alabama were closing down *state* colleges and universities, it'd be a black eye.
It's not the taxpayers' problem if a private business (for profit or otherwise) can't pay its bills. We carry no fiduciary responsibility to bail them out.
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Post by Scotti from Jax State on Mar 27, 2024 13:20:23 GMT -6
What I don't get is all the people (not here, but elsewhere online, like Facebook) saying how losing two colleges -- Judson (a couple years ago) and now BSC -- is a "black eye" to Alabama. THESE ARE PRIVATE COLLEGES. If Alabama were closing down *state* colleges and universities, it'd be a black eye. It's not the taxpayers' problem if a private business (for profit or otherwise) can't pay its bills. We carry no fiduciary responsibility to bail them out. This right here! It’s not the state’s job to bail them out and we shouldn’t use money that could be used on state institutions to bail out private institutions. Sure, their closure sucks, but it’s the consequence that accompanies their terrible financial decisions over the past 25 years. Side note: My job was a casualty of institutional downsizing at a small private school in North Carolina (Chowan University). I loved my job and the institution, but it was quite obvious that the BOT and leadership didn’t take their financial woes seriously.
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Post by troysux on Mar 27, 2024 13:38:42 GMT -6
So everyone is opposed to tax breaks for big businesses to open a location in Alabama?
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Post by Cleburneslim on Mar 27, 2024 13:50:43 GMT -6
So everyone is opposed to tax breaks for big businesses to open a location in Alabama? I don't know how are taxes accessed on a private college?
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Post by jsu02 on Mar 27, 2024 15:17:02 GMT -6
Not really the job of the president to loan money to the school out of his own pocket. I doubt he has what they needed laying around anyway. Dudes worth way more than that $30 million.
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Post by troysux on Mar 27, 2024 15:41:17 GMT -6
Still not his place to loan the school the money.
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Post by gemofthehills on Mar 27, 2024 16:00:24 GMT -6
So everyone is opposed to tax breaks for big businesses to open a location in Alabama? Im opposed to any tax breaks, if a tax break is advantegous then give it to everyone.
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Post by jsualum on Mar 27, 2024 18:31:39 GMT -6
Could there be the potential to acquire that property and open a JSU branch campus in Bham? We have a lot of students from that area, and we could see growth.
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Post by troysux on Mar 27, 2024 18:44:52 GMT -6
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Post by Scotti from Jax State on Mar 28, 2024 6:13:08 GMT -6
Could there be the potential to acquire that property and open a JSU branch campus in Bham? We have a lot of students from that area, and we could see growth. I doubt it. That would be a lot to undertake. I wouldn’t be surprised to see Highlands College or Miles College buy it. However, someone floated the idea of an upper 2year college (Juniors & Seniors) like Athens State. That’s honestly a pretty great idea.
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