As long-serving members of the Alabama Legislature with more than 65 years of combined legislative experience, we know that public funds are appropriated every year for private entities, including schools. Providing bridge funding to Birmingham-Southern College willIn the last fiscal year alone, more than $60 million was appropriated from the Education Trust Fund for worthy private entities, including private schools.
Thus, our Legislature has been authorized to provide exactly the kind of state assistance BSC is seeking for more than 120 years.The good news is that Birmingham-Southern College isn’t asking for support from the public sector on an annual basis. Here’s the situation: To give BSC enough time to raise the remainder of the endowment and to give it breathing room to operate, the college has proposed a one-time contribution of bridge funding from state government of $30 million as well as $5 million from the City of Birmingham and $2.5 million from Jefferson County.
As officials in state government representing Jefferson County, we have each pledged our support for the request, which represents a mere fraction of BSC’s annual economic impact on Birmingham.
Outside of a UAB takeover they don't deserve anything but a thank you for mismanagement.
It's simple... a school gets state money, it's a state school. Pretty simple. UAB could take it over and use it.
Change the name to Ukraine university
All these articles fail to mention the Methodist Church. When the school minimulized the church's involvement, a great source of money was minimulized also.
if they can't make it on their own, there are other schools that will accept the students.
How about we make them a loan on ALL of the same terms as that of a student loan…interest rate, non-dischargability in Bankruptcy, repayment terms, etc. . . Fair.
Good investment for who? BSC has shown an inability to manage money. Why should the taxpayers foot the bill for a private school? Doesn’t seem right.