HARRISBURG (AP) — Pennsylvania's state-owned university system has agreed to forgive $30 million in loans to a financially struggling historically black college if the school can maintain a balanced budget over the next four years.The chairwoman of the system's board of governors says the plan approved Tuesday gives Cheyney University a "path forward" as it tries to close a $7 million budget gap and preserve its accreditation. The school has until Sept. 1 to submit a plan [...]
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