Cardinal Conversation: Averett University's financial struggles

RADIO IQ | By Fred Echols

Published January 20, 2025 at 3:55 AM EST

Averett University in Danville is in default on 14-million dollars in construction bonds.

It’s the latest in a series of financial setbacks for the school and it comes at a time when small colleges and universities across the country are struggling to balance their books.

Lisa Rowan reports on education issues for Cardinal News and she spoke with Fred Echols.

Cardinal news is a non-profit, independent, online news organization covering Southwest and Southside Virginia.