Atlanta
(2009-02-11)
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UNCF President and CEO, Michael Lomax says already the number of applicants is double than in years past))
((we operate about 4-hundred and award about 89- 90 million dollars annually--))
Lomax says if students can't find money for college then many are forced to leave.
He says when that happens-- then the schools suffer:
((there not financially wealthy institutions--and they don't have large endowments))
Clark Atlanta for example blamed their recent layoffs on decline in the value of its endowment and shrinking enrollment.
© Copyright 2009, WABE
