Howard University in Financial Distress

Hanna
Wed, 12 Jun 2013 11:10:02 +0000

If people run a nonprofit institution into the ground, they should lose their jobs or sometimes even go to jail. But a university belongs to more than just the people who are in charge at a given moment. An existing alumni network, traditions, property, faculty relationships – those resources have value, and it would be a shame to let them all be destroyed because of a few people’s errors. The vast majority of faculty, staff and alumni at any institution don’t have any direct say over how it is managed.