Will Cash-Strapped HBCUs Survive? - Katti Gray, the Root

When Walter Kimbrough opted last July to helm 143-year-old Dillard University, his choice stumped friends and colleagues who knew some of what Dillard was up against. Compounding the costs of running the New Orleans campus is a $160 million federal loan for post-Hurricane Katrina reconstruction, a repayment that Kimbrough calculates could consume a quarter of Dillard's overall budget within a decade http://www.theroot.com/views/will-cash-strapped-hbcus-survive