u/No-Rent9488

▲ 7 r/HBCU

A North Carolina college, whose former interim president was recently recruited to FAMU by President Marva Johnson, filed for bankruptcy this week, according to news reports and court records. Saint Augustine’s University (SAU), which was led for more than 18 months by FAMU's new Sr. Vice President for Enterprise Partnerships & Innovation Marcus Burgess, owes between $50 million and $100 million and estimates it has between 200 and 1,000 creditors.

u/No-Rent9488 — 16 days ago