Alderson Broaddus in Academic Trouble due to Finances

[Ram Tough]

Now we know why the state commission was so quick to drop the hammer. The vast majority of AB students will end up in the WVU system.

Take off the tin foil hat! I would say a very small percentage of AB students end up at WVU. A few may end up at WVU Tech due to sports. But honestly, most of them will just go where they can play. You sound silly right now.

[IUPbigINDIANS]

Take off the tin foil hat! I would say a very small percentage of AB students end up at WVU. A few may end up at WVU Tech due to sports. But honestly, most of them will just go where they can play. You sound silly right now.

And, unfortunately, most will no longer play sports. The timing of this for the athletes was awful. Most rosters are filled by August. Sure, a few will be cherrypicked. But, at least for this year, most will be athletically homeless.

I've been watching their men's basketball players. They had a nice team coming back this winter. I could see several of them finding last-minute new homes -- but this time of the year money is usually already all spent and accounted. They may have to join a program as a walk-on for this coming season.

[Uindy18]

Specifically, what are you alleging? If a college cannot pay their utilities, it is a reasonable risk that ab would shut down mid semester. Ab was less than transparent about finances according to hepc, which forced their immediate action. Other mec schools are offering support for ab students. Since most students were jocks, I would suggest wvu would not be 1st choice if they want to play sports.

And the few hundred AB students would be drops in the bucket in comparision to the budget shortfalls at WVU. Majority of AB kids will end up at D&E, WWVWC, Salem, Fairmont, etc.

[Sportsnut]

Feel sorry for the ones that end up at Salem!

[Fightingscot82]

Feel sorry for the ones that end up at Salem!

I truly don't understand how Salem has survived. Remember when they were sold to a Japanese investment company? Bethany is also very small and has a lot of administrative dysfunction but somehow keeps chugging along.

[stealth]

Take off the tin foil hat! I would say a very small percentage of AB students end up at WVU. A few may end up at WVU Tech due to sports. But honestly, most of them will just go where they can play. You sound silly right now.

There aren't to many student that could quickly move to a private schools. And very few athletes are going to quickly find a space on a team at another college, most of those scholarships are gone. And even if they find a space, they have to decide if they want to go there. Most of they are going to sit out at least a semester, and a large % will likely not play ever again. Most will end up at regional campuses or community colleges for a semester or a year. Who does that benefit? Tin-Hat stays in place.

A few 100 students at WVT, Parkersburg, or community college is significant to those locations. And if the WVU system get 50% or the 750 students, that certainly helps to fill the budget gap (9k tuition+12k Housing=21k x 375=$7.9M annually).

[Ram Tough]

There aren't to many student that could quickly move to a private schools. And very few athletes are going to quickly find a space on a team at another college, most of those scholarships are gone. And even if they find a space, they have to decide if they want to go there. Most of they are going to sit out at least a semester, and a large % will likely not play ever again. Most will end up at regional campuses or community colleges for a semester or a year. Who does that benefit? Tin-Hat stays in place.

A few 100 students at WVT, Parkersburg, or community college is significant to those locations. And if the WVU system get 50% or the 750 students, that certainly helps to fill the budget gap (9k tuition+12k Housing=21k x 375=$7.9M annually).

They won't get close to 50% of those students. Sure, they'll get some. But I would anticipate others getting more.

[Columbuseer]

And, unfortunately, most will no longer play sports. The timing of this for the athletes was awful. Most rosters are filled by August. Sure, a few will be cherrypicked. But, at least for this year, most will be athletically homeless.

I've been watching their men's basketball players. They had a nice team coming back this winter. I could see several of them finding last-minute new homes -- but this time of the year money is usually already all spent and accounted. They may have to join a program as a walk-on for this coming season.

I agree timing is terrible. If AB had been transparent about their finances and refrained from pie in the sky plans for enrollment growth and for donations, HEPC would have closed them much earlier, which would have been better for students. HEPC reexamined AB health monthly, reserving the right to close them. When AB got show cause letter from phillipi and begged for donations to meet payroll, HEPC shut them down. Looks like AB did not appeal, despite PR bluster from their leadership.

[Ram Tough]

Also, now this ... https://wchstv.com/news/local/civil-...oyment-lawsuit

Not to mention, the school defaulted on its utility payment plan.

[Fightingscot82]

Also, now this ... https://wchstv.com/news/local/civil-...oyment-lawsuit

Not to mention, the school defaulted on its utility payment plan.

It won't go anywhere. The 90 day promise wasn't an actual contract or given when these students first enrolled or the employees accepted an offer. Even if it somehow does proceed, AB is bankrupt. They have nothing to pay out.

[Uindy18]

It won't go anywhere. The 90 day promise wasn't an actual contract or given when these students first enrolled or the employees accepted an offer. Even if it somehow does proceed, AB is bankrupt. They have nothing to pay out.

Exactly, Zero divided by 2 ways or 2 million ways... is still zero

[Fightingscot82]

Exactly, Zero divided by 2 ways or 2 million ways... is still zero

Agree. Unethical to recruit students and staff as if everything was normal but I can't see a good conscience judge allowing the university to waste money on legal fees when they owe millions.

[IUPbigINDIANS]

It won't go anywhere. The 90 day promise wasn't an actual contract or given when these students first enrolled or the employees accepted an offer. Even if it somehow does proceed, AB is bankrupt. They have nothing to pay out.

How will that play out when/if they sell the buildings, any land owned and other misc. items of value?

Just a guess these two won't be the first to file suits against the University.

[Fightingscot82]

How will that play out when/if they sell the buildings, any land owned and other misc. items of value?

Just a guess these two won't be the first to file suits against the University.

They'll sell off the material items like equipment probably in one of those large auctions. The challenge is just how many buyers in that region? I guess maybe a PSAC or MEC school could get some cheap sports equipment. All proceeds by law will have to pay out creditors who have existing claims. But that campus ain't going nowhere. West Virginia - especially that region - is in gradual decline. Its too remote to spur some sort of incredible development. That thing is going to rot.

[Columbuseer]

Fyi
an investor group bought 128 acre urbana univ. campus in dec 2022 for 8.5m or $66k per acre, 2 yrs after closure.
claim they want to set up sports academy school.
heard nothing after PR flurry in March 2023. Much better location than AB, but I still think it is a long shot idea.