Bailout
BSC prez ‘disappointed’ legislature didn’t approve funding but will continue push to stay open
The Alabama Legislature opted not to spend some of the state’s $1 billion-plus allocation from the American Rescue Plan Act to keep the financially troubled liberal arts college open.
Students and faculty nervous about Birmingham-Southern’s financial stress, possible closing
Students, alumni and faculty of Birmingham-Southern College are nervous after school officials revealed the campus could close as early as next year. The private college is now asking for $37 million in public money, most of it from the state, to keep the doors open.
Private Alabama college seeks bailout, warning it may close
State legislators warn that Birmngham-Southern College may close within months without money from the state and county.
On The Line: The Alabama Economy
The economy again dominates news headlines this week. Nationally, Congress will vote on a massive bailout plan, and locally the Jefferson County Commission grapples with missing another bond payment deadline and filing for possible bankruptcy. The strain trickles down to a very personal level with high gas and food prices hitting everyone in the wallet and the mortgage meltdown leaving some people homeless. Tonight at 6:30 on WBHM we discuss all this and more during On The Line: The Alabama Economy.
