Eastern Gateway Community College engaged in "rampant financial mismanagement" before it closed in 2024, Ohio Auditor of State Keith Faber said in a new report.
“This goes beyond sloppiness and honest mistakes,” Faber said in a news release last week. “The public should be outraged.”
The report identified 44 "findings," or failures to comply with the law or state rules, in one year of the college's operations stretching from July 2022 to June 2023. The investigation is "ongoing," the news release added, with more potential findings in the future as the investigation continues.
The college had locations in Youngstown and Steubenville.
The audit for the college's 2023 fiscal year in particular cites concerns about $17.3 million in federal Pell grants received by the college in 2023, and

Ideastream

Raw Story
Local News in New York
America News
Local News in New Jersey
Associated Press US News
AlterNet
Reuters US Business