Financial Status
Financially,the institution has struggled. Its regional accrediting body placed it on warning status in 2009 and probation in 2011 for falling short of the agency's financial stability standard. Tougaloo College was removed from probationary status in June 2012 and is currently in good standing with its accrediting agency, the Southern Association of Colleges and Schools.
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Famous quotes containing the words financial and/or status:
“Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.”
—Ambrose Bierce (1842–1914)
“Anthropologists have found that around the world whatever is considered “men’s work” is almost universally given higher status than “women’s work.” If in one culture it is men who build houses and women who make baskets, then that culture will see house-building as more important. In another culture, perhaps right next door, the reverse may be true, and basket- weaving will have higher social status than house-building.”
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