Fisk still facing financial problems

I hope they can get this fixed without losing their art collection in some fire sale.  From The Commercial Appeal .

Fisk University gets another six month warning from accrediting agency
Fisk University has been placed on another six months' warning by its accrediting body.

The Southern Association of Colleges and Schools Commission on Colleges ruled on Thursday that the financially troubled historically black university continues to fall short in several areas.

The Tennessean reports the school was cited for failure to comply with requirements on financial resources, financial stability, control of resources, federal student loan standards, and qualified administrators and academic officers.

The school has been operating at a $2 million annual deficit.

It has been trying to sell some of its artwork to raise money. It also has announced a six-year, $90 million fundraising campaign.

University officials declined to comment on the ruling.


Fredrick said…
It would be great if you had provided pictures of some of the art work done by the school... :)
If you can please provide them now.

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