S.C. State University: More “Higher Ed” Incompetence
Earlier this month S.C. State University reported it was running a $4.4 million deficit – out of a $146 million budget. Not only that the chronically mismanaged school says it needs a total of $13 million to pay off all of its outstanding bills (including previous years’ deficits).
This historically black institution has had financial problems for years, yet lawmakers continue to bail it out using taxpayer funds (while subsidizing its boondoggles … and funding its questionable bureaucratic hires).
What a joke …
We’ve said it before and we’ll say it again … South Carolina’s entire system of higher education needs to be totally privatized (same thing goes for higher ed across the country). It’s time for S.C. State University – and the other thirty-two government-run institutions of “higher learning” in the Palmetto State – to sink or swim based on their ability to prepare students for life in the 21st century.
No more bailouts for incompetent bureaucrats!