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Will Liberty ever close down?

Posted: November 1st, 2016, 5:33 pm
by Didlibertywin
I'm sure this conversation has taken place elsewhere, but I didn't look it up. Will Liberty ever close it's doors? What do you think?

For example... The government tells Liberty that boys can use girls bathrooms and vice-versa. Or they pull the carpet out from under Liberty in regards to pell grant. Liberty can choose to succumb or go without pell grants, in which that case enrollment will go down, the cash cow of LU online begins to dry up, and we depend on that endowment that is funding our expansion. Or is there a third way out of this fork in the road?

If Liberty succumbs, does the TRBC deacon board shut it down?

Re: Will Liberty ever close down?

Posted: November 1st, 2016, 6:17 pm
by adam42381
What does the TRBC deacon board have to do with Liberty?

Re: Will Liberty ever close down?

Posted: November 1st, 2016, 6:26 pm
by thepostman
I'm pretty sure there is something In The bylaws that says TRBC can step in if they feel the school starts drifting too far from the original mission. I remember reading about it one time but can't remember all of the details.

Re: Will Liberty ever close down?

Posted: November 1st, 2016, 6:26 pm
by Didlibertywin
Jerry Sr. always said the deacons had authority to shut LU down if went left. Does it go left by hook or by crook? Or does it get burned to the ground before either happens.

Re: Will Liberty ever close down?

Posted: November 1st, 2016, 7:29 pm
by Purple Haize
Good question. If they are smart with their current windfall and not married to have 8 gazillion students the answer is No. if that were to happen, and it could with all the talk of the Government paying for college, there is already an example of the route LU could take.

https://www.hillsdale.edu/

Re: Will Liberty ever close down?

Posted: November 1st, 2016, 7:47 pm
by Jonathan Carone
With the amount of money we have, couldn't we put together our own financing plans?

Re: Will Liberty ever close down?

Posted: November 1st, 2016, 8:00 pm
by Purple Haize
Jonathan Carone wrote:With the amount of money we have, couldn't we put together our own financing plans?
That's what Hillsdale does. Plus, they are darlings in the Conservative World.

Re: Will Liberty ever close down?

Posted: November 4th, 2016, 7:40 am
by TDDance234
No. Too much $$$ to be had.

Re: Will Liberty ever close down?

Posted: November 8th, 2016, 10:32 pm
by rogers3
TDDance234 wrote:No. Too much $$$ to be had.
For the current leadership, I think they would give up anything for the money.