As clock ticks, Matthews says SCSU won’t fail - Dale Linder-Altman, the TandD

“We’re not going to let the university fail,” said Sen. John Matthews, D-Bowman. “I can tell you we’re going to put it together, but I can’t tell you how it’s going to happen.” Matthew’s promise follows the S.C. Budget and Control Board’s decision Wednesday to allow South Carolina State University to borrow $6 million. While the loan will allow the university to pay its most urgent bills, many legislators say it is a short-term fix that won’t solve the problem. The university says it needs more than $13 million to cover its deficit and expenses through June. But with just five weeks left in the legislative session, the money has not been appropriated. http://thetandd.com/news/as-clock-ticks-matthews-says-scsu-won-t-fail/article_4b4558b0-d33f-11e3-acf1-0019bb2963f4.html