Jewellery & Watches comment: Between a rock and a hard place
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Cash-starved Guilford College wedged between `rock and hard place’ - Business North Carolina
After years of financial struggles, Guilford College faces another deadline: raise another $1.25 million by the end of June or face the loss of academic accreditation for the 188-year-old private Quaker College in Greensboro. For now, trustees of the private liberal arts college haven’t declared imminent financial exigency, a move that would allow the layoff of tenured faculty. Instead, trustees have given the budget and faculty committees until…
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