Atlanta Church Helps Pay Morris Brown’s Debt
By J. Smith
The Cascade United Methodist Church in Atlanta stepped in as the next generous benefactor to rescue Morris Brown College from financial peril. On Sunday the congregation signed a $22,000 check over to the school’s president to help eliminate the university’s debt to the U.S. Department of Education, BET.com reports.
“This May, Morris Brown inked a deal with the federal government that would allow the college to settle its $9.9 million debt for just $500,000. The Department of Education gave Morris Brown until August 24 to make good on the offer. The hefty debt is part of the more than $30 million owed by the college to various creditors and ultimately what caused the college to lose its accreditation with the Southern Association of Colleges and Schools in 2003. Morris Brown accumulated the debt after years of failing to refund unused federal student aid money,” BET.com reports.
As the deadline approached, Rev. Dr. Marvin Moss began a month-long fundraising effort on the school’s behalf that brought in $22,000 from special offerings and online donations from members. Although the payment will ease Morris Brown’s standing with the Department of Education, the process is far from over. The administration will have to wait out a lengthy re-accreditation procedure that could take up to five years.
But for the church, the slow payoff will be worth it. “We recognize the historical significance of Morris Brown College to our community and the world,” Moss said in a statement. “We are grateful that our Cascade members have answered the call during these tough economic times. We are called to be a light in the community so we are pleased to participate in this vital way.”