Audit Finds Dire Financial Challenges for Cheyney

December 17, 2014

The Pennsylvania state auditor is expected to release a report today finding that Cheyney University is in dire financial health, and that without dramatic changes, its “ability to continue to operate is questionable," The Pittsburgh Post-Gazette reported. Cheyney is a historically black college within the Pennsylvania State System of Higher Education, a system that has faced appropriations cuts and enrollment declines in recent years, but Cheyney's problems appear worse than those of other system institutions. The university's 2014-15 budget projects a $5.5 million deficit, the audit found. Cheyney's enrollment fell 16 percent last year, and 36 percent over the period 2010-14. University officials have said that they are working on the problems identified in the report.



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