Thursday, December 18, 2014

This scam is STILL in operation??!!!!-------------Oldest U.S. black college on verge of financial collapse

Oldest U.S. black college on verge of financial collapse | Reuters:
"The nation's oldest black college, Cheyney University, one of Pennsylvania's 14 state-run universities, is on the verge of a financial meltdown that threatens its ability to continue operating, a state official said on Wednesday.
Cheyney's student body has shrunk by two-thirds, to about 1,000, since its 1983 peak, and its four-year graduation rate is just 9 percent. 
A quarter of students never receive a degree, and student loan defaults are high."

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