After struggling for years, OVU forced to close
Ohio Valley University closed its doors permanently at the end…
The News and Sentinel in Parkersburg,W.Va., reports:
VIENNA – The new president of Ohio Valley University believes the college has a bright future, but acknowledges serious and immediate hurdles lie ahead.
Harold Shank described Ohio Valley’s financial situation as “precarious,” tempering the statement by saying he believed the situation is not insurmountable.
Shank, hired in March as the ninth president of the college, pointed to the 1994 merger of then-Ohio Valley College and Northeastern Christian Junior College in Philadelphia, saying the expense of merging the two colleges along with the purchase of Ohio Valley’s current campus left a mark on the school’s finances.
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