Clemson Lawsuit - Hiding Money From the State
Posted on March 18th, 2008
At a time when Clemson University could be soaking up a little glory over the performance of it's Basketball Team, the institution instead is having to put up with criticism over its handling of money…
The Chronicle of higher Education is among sources reporting that Clemson is being sued because ti hid $80 million in cash reserves from the state legislature in South Carolina while asking that body to approve a tuition hike. A former executive secretary to Clemson University's Board of Trustees alleges in a lawsuit that "top officials of the public university hid $80-million in cash reserves from legislators while requesting more money from the state and increasing tuition," the Chronicle is reporting.
Board Chairman Leon J. (Bill) Hendrix Jr. is denying the charge.
Since 2001, in-state tuition at Clemson has risen from $5,090 to $9,870.
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