Morris Brown College has filed for federal bankruptcy protection in an effort to prevent foreclosure and to stop the college’s properties from being sold at an auction, according to The Atlanta Journal-Constitution. Stanley J. Pritchett, the historically black college’s president, said the move would give the college time to regroup. The college lost its accreditation a decade ago and is more than $30-million in debt.
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Court records show that Morris Brown College, which recently filed for bankruptcy protection in an effort to prevent foreclosure, has not paid its employees in three months, The Atlanta Journal-Constitution reported. The historically black college,… Read More
- Morris Brown College Faces Foreclosure