Birmingham-Southern College announced Tuesday that its operations will cease by the end of May after the school failed to secure a loan from the state.
The college’s board of trustees voted Tuesday to close the school after they were informed that a bill designed to amend the state program for loans to higher-education institutions lacked support in Alabama’s House of Representatives.
“This is a tragic day for the College, our students, our employees, and our alumni,” said Rev. Keith D. Thompson, the chair of the board, in a statement. “But it is also a terrible day for Birmingham, for the neighborhoods who have surrounded our campus for more than 100 years, and for Alabama.”
The school’s president, Daniel B. Coleman, said the college looked into every option to obtain a loan through the Distressed Institutions of Higher Learning Revolving Loan Fund, which was established after it was signed into…
