Another Alabama College Trying to Avoid Closure Amidst Financial ‘Crisis’

Talladega College is trying to avoid the fate of Birmingham-Southern College as it navigates its own financial “crisis.”  The school, which is the oldest private historically Black college in Alabama, said it is in “significant debt”  after a few years of the payroll increasing while enrollment decreased. Talladega Board of Directors Chairwoman Rica Lewis-Payton announced a strategic plan to ensure the school’s stability during a press conference on Thursday, prefacing the plan by saying “serving as board chair has been a challenge particularly in recent months as we have had some financial issues, a crisis quite frankly, in terms of ensuring that this institution that has stood for 157 years remains strong in this community.”