West Virginia State University faces serious financial and leadership problems and “will not have sufficient resources to remain solvent” if those problems aren’t dealt with, the head of the state’s Higher Education Commission says in a letter to the university’s president, Hazo W. Carter Jr. According to the Charleston Gazette, the commission’s report lists a series of problems, including nepotism, a failure to control hiring and expenses, and significant overspending by some university offices, and it warns that “immediate action is required to reduce the deficit.” Mr. Carter, who requested the financial review, has been in office since 1987. In August, following a faculty no-confidence vote, he announced plans to step down next summer.
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Leadership Failures Threaten West Virginia State U.’s Solvency, State Review Finds
October 16, 2011, 1:18 pm
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