Ivey signs distressed college loan program bill into law, rescuing Birmingham Southern

Date:

June 20, 2023

Long-time colleges in Alabama can now secure state loans thanks to a new bill that was signed into law by Gov. Kay Ivey. It was an effort championed by Birmingham Southern College, which has struggled financially for years.

In December of 2022, Birmingham Southern sought a $37.5 million government bailout, warning it was under risk of closure after years of declining enrollment and financial troubles.

The Always-On Insight and Networking Platform for Superintendents and Their Teams

AI-driven insights peer-to-peer collaboration and more build exclusively fot K-12 Superintendents and thier leaders

Learn More

Built for the uniqueness of the superintendent role and their supporting team.Most platforms treat all K–12 leaders the same. DA+ recognizes that superintendents face a unique level of pressure, complexity, visibility, and responsibility—and gives them a space designed specifically for the demands of the top job.

A community where you don’t have to explain the context.Skip the backstory. DA+ understands the job, the politics, the stakes, and the pace.

Your decisions shape communities.Find the tools and peer insight to make them with confidence here.

Leadership tailored to the realities of running a district.From board relations to budgets, crisis response to community trust—DA+ focuses on the challenges only superintendents navigate each day.

Built for superintendents.Powered by superintendents. Trusted by superintendents. If you run a district, you belong here.

Ivey signs distressed college loan program bill into law, rescuing Birmingham Southern

The Always-On Insight and Networking Platform for Superintendents and Their Teams

Related Articles

Cornell is the latest elite university to chart its survival

Student loans face an ‘emergency,’ 90 groups warn

Does moving mountains for athletes leave working students behind?