Saint Augustine's Financial Crisis Deepens | Durham News

Durham News Today | 2 Min News | The Daily News Now! · Aug 27, 2026 · 1m

Saint Augustine’s University is in deep financial trouble, forced to pause classes this semester as it battles bankruptcy. In a recent hearing, the school unveiled cost-cutting plans and a proposed budget—but missed the mark by not budgeting for legal fees tied to a lawsuit from the estate of former Chancellor Dr. Christine McPhail. The judge grilled officials about past and present directors’ liability insurance, noting two former board chairs are no longer on the board. With no legal funds allocated and mounting costs, the court imposed a temporary hold until October 1st, when lawyers must…