ELI5/how do colleges get in debt? how do you know if they’ve misappropriated funds?

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So my college is currently in 4 million dollars of debt. I’ve tried finding out how that is even possible for them considering they are land grant university, however they are also an hbcu. Were they misappropriating funds? If they were how are misappropriated funds usually used and what are the consequences of it for colleges?

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Anonymous 0 Comments

Also check to see if the government owes your school money. There’s been a lot of legislation in south especially over the last 10 years about the state government owing HBCUs hundreds of millions of dollars.

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