Sc State Ethical Issues

805 Words2 Pages

In the recent months, South Carolina State University has endure many financial problems. The problems began in February when the SC House Committee decided that they wanted to shut down SC State temporarily due to debt and the school not being able to pay off loans and vendors. According to the SC House Committee, they stated that since SC State was in a lot of debt, they should temporarily shut the school down for a year in order for the school to get out of debt. Prior to this, SC State was put on a year probation with the accrediting agency, SACS, the Southern Association of Colleges and Schools’ Commission. There are many ethical issues involved. SC State is saying that the debt has been building up over a period of time. That could possibly …show more content…

There have been many talks on shutting the school down, enrollment is declining, and the government will not give the school any more money. The students are also impacted by the poor choices that SC State has made. The accreditation of the overall school is on the line. If the school happens to lose the prestigious accreditation, all students will lose their eligibility for all federal financial aid. The faculty and staff have to suffer through job cuts and mandatory furloughs. The city of Orangeburg is also impacted. SC State generates the most revenue for the city of Orangeburg. The students and faculty help bring business to the small local companies throughout the city. The thought of closing SC State had sent Orangeburg County into a panic and many businesses feared that they would be on the brink of closing. The biggest impact has been made on the schools’ morale. Some students no longer wants to attend the school, the faculty and staff are now looking elsewhere to teach, and SC State is losing out on contracts with different vendors. Students just are not motivated to participate in anything and you just can tell the morale of the school is …show more content…

The most important thing that SC State can do is to update all of their financial statements. That way the school would not be able to cover up the amount of debt that they really have. The government could issue out money to help save the school, but the Governor Nikki Haley says, “They can't expect to just have their handout and not give information back to us. There's got to be some accountability to the process. And we're going to hold them to it." So if SC State can just provide the accurate information that the government needs, they can get the funds that they need. They can also get rid of all the board of trustees. They can replace the whole board with individuals that have the knowledge and resources that can bring in more funding and donations that can possibly get the school out of the

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