A sad day in HBCU history…
Morris Brown College Faces Foreclosure
After losing its’ accreditation and federal funding back in 2002 due to a financial scandal that rocked the University, one of the oldest HBCUs and the first all-black college founded in the state of Georgia is now facing foreclosure.
It is with extreme sadness that we share the news that Morris Brown College, a Historically Black College established in 1881 by the African Methodist Episcopal Church, is facing foreclosure, according to CBS Atlanta.
“This is heartbreaking and not only a sad day in the life of Morris Brown, but in black academia,” said former Atlanta City Councilman Derrick Boazman, a 1990 graduate of Morris Brown. “The school is needed now more than ever.”
With the exposure of extreme financial mis-management in 2002, Morris Brown lost its accreditation and federal funding and has faced a long, public battle with crippling debt. The college, which once boasted a student body of approximately 2,500 students, shriveled to a mere few dozens students at one point and now has a reported 50 students.
A sad day for HBCUs indeed. SMH.