Wednesday, February 26, 2014

Montreat College (NC) Facing Cash Flow Problems

The Asheville Citizen-Times reports on February 24, 2014 about cash flow problems at Montreat College in North Carolina.

Ry Rivard follows on February 26, 2014 with an article for Inside Higher Ed exploring the end of conversations between Montreat and Point University (GA) about a possible merger.

Montreat Normal School was founded in 1916 offering preparatory and teacher training programs for women.  The name was changed to Montreat College in 1934 and a four year program was added in 1945.  The institution became coed in 1959 with a two year program and adopted the name of Montreat-Anderson College.  The baccalaureate program returned in 1986 and the name of Montreat College was adopted in 1995.