Ohio Valley University, in West Virginia, will close at the end of the semester, The Christian Chronicle reported.
Michael Ross, president of the university, told the newspaper: “We strive to be an institution that conducts business with integrity while being good stewards of our resources. Our current situation precludes us from doing that. I am proud of what we have accomplished and the changes we made to preserve the mission of the school. We hold our heads high knowing we did the right things for the right reasons.”
