Alderson Broaddus Faces Closure as Operations Wind Down
The state Higher Education Policy Commission (HEPC) has voted to revoke Alderson Broaddus University's authorization to confer degrees, effective December 31, 2023, and has directed the financially troubled school to wind down its operations. The school will not be able to admit new or returning students, except for graduating seniors. The decision comes after HEPC officials discovered the school's negative cash flow, significant debt, and difficulty in meeting payroll. The fear was that the school would close mid-semester, leaving students without tuition, financial aid, or academic progress. Davis and Elkins College and West Virginia Wesleyan have already committed to accepting AB students.
