Committee advances bill to repeal BSC bailout law
The $30 million loan program relied on State Treasurer Young Boozer to OK the loan, and Boozer denied to give BSC the money.
State Treasurer Young Boozer
Opinion
Opinion
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See recent postsState treasurer: If Birmingham-Southern College closes, it’s on them
I stand by my decision to deny using Alabama taxpayer dollars for a loan to an institution that I believe has been grossly mismanaged.
State Treasurer’s office launches loan program to help distressed colleges
The bill came about in large part due to financial troubles at Birmingham Southern College.