Clarence G. Newsome is leaving the presidency of Shaw University as the institution faces a growing deficit, The Raleigh News & Observer reported. The historically black college faces a debt of about $20 million. In December, more than 100 students held a protest in Newsome's office over dormitory conditions, the newspaper reported, including moldy bathrooms, toilets that don't work and overcrowding. Supporters have vowed to raise money to help the institution, and all 40 members of the college's board have agreed to donate at least $50,000 each.