Miles College hopes that other HBCUs will join their purchasing group, as Alabama A&M hopes to acquire the campus on its own.
A potential battle for the purchase of Birmingham-Southern College (BSC) ensues from Alabama HBCUs. Alabama A&M University hopes to independently acquire the school while a group of other colleges aim to purchase it together.
As BSC closes on May 31, Miles College leads the effort for other schools to join their purchasing group. State senator Merika Coleman spoke on the plan during a legislative session on May 2, as reported by AL.com. Miles College President Bobbie Knight began the talks with other HBCU leaders, as revealed by Coleman in an interview.
“I actually met with President Knight of Miles College and her government affairs team,” Coleman said, who serves as a political science professor at the college. “They have spoken with all the HBCU presidents, and that’s the two-year and the four-year. What I’m told is everybody wants to come together and use their collective resources to be able to purchase the college itself. Of course you’ve got to have money to sustain it.”
However, Alabama A&M has put its solo hat in the ring to purchase the school’s campus. They intend to gain state funding for the measure. Unfortunately for them, lawmakers are not in a rush to approve as they finalize the state’s education budget.
“I think there’s a prospect, yes,” expressed State Senator Arthur Orr. “And I would certainly advocate an institution like A&M to be able to purchase it. But the timing was not good.”
The Republican lawmaker continued, “It would be a heavy lift to make that appropriation in addition to thinking down the road, OK, if you do own the campus, the increased O&M (operations and maintenance) that it would cost to maintain that campus and to offer programs, classes, etc., there. That would be a long term commitment that we would have to make in the budget for that.”
If either purchase goes through, the sale would be historic for an HBCU to purchase the campus of a predominately white institution. However, Orr also warned that the accomplishment would come with a huge financial burden.
“BSC continues to have fruitful conversations with several potential buyers, but has not entered into a definitive agreement with anyone at this time.”
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Source: Black Enterprise
