Thursday, November 29, 2007

Oral Roberts University Saved?


Photo from source, AOL News

I covered the multi-layered Oral Roberts University scandal some time ago, and it's back in the news again. It seems the beleagered college has a new benefactor. To the tune of $70 million dollars.

[Excerpt]

Oral Roberts University Gets a Lifeline

Oral Roberts University, the debt-ridden evangelical institution riven by scandal, has been handed a $70 million lifeline.

Mart Green, founder of the Christian office and educational supply store chain Mardel, said Tuesday he would immediately give $8 million to the university, with the rest to come after a 60-to-90-day review of the university's financial records. . .

Read more at: AOL News

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