Lender Agrees to Assume Some Debt of St. Augustine’s University If Two Board Members Are Let Go

Recently, Self-Help Venture Fund, a nonprofit loan fund managing high-risk clients, agreed to assume some of Saint Augustine’s University’s debt, as long as the HBCU agreed to one key caveat: the removal of two board members who were serving past their terms.

The post Lender Agrees to Assume Some Debt of St. Augustine’s University If Two Board Members Are Let Go appeared first on The Journal of Blacks in Higher Education.