Birmingham Southern
Struggling Birmingham-Southern College says it will close at end of May
The College Board of Trustees voted unanimously to close the longtime institution, officials announced in a news release. The announcement came after legislation, aimed at securing a taxpayer-backed loan for the 168-year-old private college, had recently stalled in the Alabama Statehouse.
Birmingham-Southern hoped to borrow money. Now the school is on borrowed time
Birmingham-Southern College is running out of money and time. After the State Treasurer rejected the school’s $30 million loan application, school officials must now consider their options, including closing the 167-year-old campus on Birmingham’s west side.
