With $30 million of debt, 50 students enrolled, and a decades-long struggle, Morris Brown College filed for bankruptcy this week in an attempt to keep the institution from closing. The institution is $30 million in debt with only 50 students enrolled. Its been decades and a long struggle for the college.
http://www.atoast2wealth.com/2012/09/05/morris-brown-college-problems-and-sol...
Facing more than $30 million in debt, Morris Brown College officials have filed for Chapter 11 bankruptcy.
http://www.atoast2wealth.com/2012/08/30/morris-brown-college-files-for-bankru...
Benjamin Harrison is a spokesman for the 6th District African Methodist Episcopal Church, which oversees the school. He says officials will talk about reorganizing and restructuring as well as finances.
http://www.atoast2wealth.com/2012/08/28/morris-brown-college-ame-church-seeks...
Morris Brown College is facing foreclosure of its property on Sept. 4, the African Methodist Episcopal Church said Wednesday.
According to the church, a creditor of the historically black college, a corporation that holds $13 million in college bonds secured by its downtown Atlanta property,...
http://www.atoast2wealth.com/2012/08/24/morris-brown-college-facing-foreclosu...
