www.youtube.com – ABC11 – 2024-11-20 17:21:21

SUMMARY: St. Augustine’s University faces significant financial struggles, with millions in debt raising alarms among community members regarding its partnership with Gothic Ventures. Concerns center on the 24% interest loan agreement, which includes a 2% management fee and collateralizes campus properties. Critics fear that failure to repay could lead to the university’s closure. Gothic Ventures, noting the university’s financial challenges, expressed a willingness to discuss modifying the loan terms. Opponents demand changes like lowering the interest rate to 9% or enabling debt transfer to alleviate the strain on the historically Black college and secure its future.

A group of leaders are worried about a $7 million loan given to Saint Augustine’s University. The group includes religious leaders, social justice advocates and SAU alumni. Together, they spent Wednesday raising awareness about the loan and pushing for a solution to the school’s financial challenges.

Story: https://abc11.com/post/saint-augustines-university-despite-financial-accreditation-struggles-leaders-join-forces-push-save-hbcu/15563919/
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www.thecentersquare.com – By Elyse Apel | The Center Square – 2024-11-20 16:09:00

SUMMARY: The North Carolina State Board of Elections divided six Republican complaints concerning election integrity between itself and county boards. The disputes include issues with voting registration, overseas ballots, and allegations of felons voting, particularly in the close state Supreme Court race between Republican Jefferson Griffin and Democrat Allison Riggs. Griffin initially led by 9,851 votes but trailed by 722 votes post-election. The board reached a compromise to share jurisdiction, aiming to protect election integrity. Additionally, several recount requests from Republican candidates in legislative races are pending, with deadlines for legal briefs approaching.

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www.thecentersquare.com – By Alan Wooten | The Center Square – 2024-11-20 15:20:00

SUMMARY: Republicans have selected their executive branch leadership for the upcoming term. Senate President Pro Tempore Phil Berger, serving since 2010, will seek an eighth term, while 37-year-old Rep. Destin Hall will succeed Tim Moore as House Speaker. Berger and Hall represent Rockingham and Caldwell counties, respectively. The formal elections will take place in January, with Republicans holding majorities in both chambers. The leadership will work with new Governor Josh Stein, who succeeds Roy Cooper. The Council of State has a 5-5 split, with several incumbents re-elected and new officeholders, including Democrats Rachel Hunt and Jeff Jackson.

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The post Familiar Berger, up-and-comer Hall to lead chambers | North Carolina appeared first on www.thecentersquare.com