April 6, 2007
Panel Cites Crisis at Texas Southern U.
A panel convened by Gov. Rick Perry of Texas to review severe financial and governance woes at Texas Southern University has found that the university needs a "reconstituted" governing board, strict oversight by the state auditor, and a modified mission that focuses on undergraduates, according to a report released last week.
The university, in Houston, faces a financial crisis and cannot make debt payments for its transportation system, construction projects, and athletics programs.
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