Bacone College Forced to Liquidate Assets

Bacone College Forced to Liquidate Assets

After years of financial struggles, the Oklahoma institution, which serves a majority Native American population, has run out of options to remain open. Almost a year after declaring bankruptcy in a long-shot attempt at staying alive, Bacone College was ordered to liquidate its assets, ending hope for a revival, The Muskogee Phoenix reported. “My understanding is this is the death of Bacone,” acting president Leslie Hannah told the newspaper, ad…