Wednesday, April 16, 2014

Mid-Continent to close June 30

The financial crisis at Mid-Continent University has reached the breaking point with all faculty and staff laid off and the school scheduled to close by June 30. The Mid-Continent University Board of Trustees met for more than three hours Tuesday night before announcing those decisions. The board also held a six-hour meeting on Saturday. Acting President Robert "Tom" Walden, who was appointed Saturday to replace Ken Winters, said every staff member from the president on down has been laid off because of lack of finances. Employee benefits will cease immediately.

For the full story, visit The Paducah Sun online.