ABC Evening News for Monday, Mar 24, 1975
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(Studio) Econ. recession means fewer students for small private colleges. In North Carolina, Wesleyan considering selling itself to state to help ease financial problems.
REPORTER: Howard K. Smith
(Rocky Mt., North Carolina) Wesleyan so deeply in debt, it's struggling to finish this semester. School appealing to local community to raise money for rest of this term. [Chairperson board of trustees Judge Philip CARLTON - says Wesleyan facing serious financial crisis.] Businessmen believe they can help Wesleyan to finish year, but they can't do more than that. Some say finances of college mishandled; others believe closing of college inevitable.
REPORTER: Bill Wordham
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