Higher Education Policy Commission
Alderson Broaddus files for bankruptcy and will liquidate its assets
Alderson Broaddus has filed for bankruptcy, a month after the university was forced to begin closing its doors because of its financial troubles. According to the filing, the university owed money to between 100 and 199 creditors, totaling between $10-$50 million, AB’s assets total between $1-$10 million, the filing said. The small, private university filed […]
Displaced Alderson Broaddus students quickly enrolled around the state
In time for the fall semester, a number of in-state universities have quickly enrolled students who were supposed to attend Alderson Broaddus University, which is now suddenly facing closure. The private university is facing a mountain of debt. The Higher Education Policy Commission also successfully transferred AB’s physician assistants program students who had been struggling […]