In 2009, I was called upon to help Greensboro College, a small, 174-year-old private liberal arts college in North Carolina, which was experiencing a whole range of problems typical of many institutions of higher education in recent years. In the booming economy of the early 2000s, the college had made some big real-estate purchases. It had started a football program, graduate programs and a marching band. But as the economy started to sour in 2008, its bankers got worried, and the college found itself placed in the Special Assets department.
Democratic and Republican leaders of the General Assembly's Higher Education Committee are calling for the immediate resignation of Robert Kennedy, the president of the Board of Regents for Higher Education.