The Financial State of Tennessee State University
Since 2021, the financial health of Tennessee State University has been in the news.
In 2021 a group of state lawmakers found that in the previous 50 years the state had underfunded the school by about a half a billion dollars. Then, in 2023, a federal report said that the state underfunded the university by far more than the original estimate — about $2 billion dollars just between 1987 and 2020. This fall, TSU laid off more than 100 employees and just last month the administration announced further cost-saving measures to keep from running out of money by the end of the school year. Today…
The skinny
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