Columbia, SC — I disagree with the decision of the Budget and Control Board, led by Gov. Nikki Haley, to loan S.C. State University $6 million.
What audacity the university has, originally asking for $13.6 million from taxpayers to cover the bills. This university has a history of mismanagement. Why aren’t other universities given this “get-out-of-jail” card?
S.C. State president Thomas Elzey said there were “a few miscalculations” on projected budgets, especially when the school expected to get some federal grant money. These inaccurate expectations show the school needs to downgrade its university status and keep its hands out of taxpayers’ pockets.
New management comes and goes, and the problems stay the same. There is no accountability, as our silence is our approval. What is this teaching S.C. State graduates? The borrower becomes the lender's slave. Then we all lose.