\n<\/p>\n
Martin University is the only predominantly Black institution in Indiana.<\/p>\n
Martin University plans to wind down operations at the end of the current semester.<\/p>\n
College officials are calling the move a \u201cpause,\u201d stopping short of calling it a closure. They attribute the pause to financial challenges, declining enrollment and the lack of an endowment.<\/p>\n
\u201cThe Board has announced a pause in operations at the end of the semester. No final decision has been made regarding permanent closure. Discussions continue about how to carry forward Martin\u2019s mission,\u201d Martin spokesperson Keona Williams wrote to Inside Higher Ed<\/em> by email.<\/p>\n While the official language indicates a pause, it appears unlikely Martin will resume operations given its financial challenges and historical precedent, which shows that institutions are rarely resurrected after ceasing operations. Some, such as Knoxville College, have bucked that trend; the historically Black Tennessee college suspended operations in 2015, reopened in 2018 and is working to regain accreditation.<\/p>\n Given Martin\u2019s financial woes, Board of Trustees chairman Joseph Perkins noted in a news release that the private university needed \u201cmore community support,\u201d especially for \u201cfirst-generation college students who are fighting courageously to make a better life for their families.\u201d Martin is seeking donations to continue operations through December. The college’s president Sean L. Huddleston stepped down late last month.<\/p>\n Should Martin close, Indiana will lose its only predominantly Black institution. <\/p>\n The decision to pause operations comes as Martin has teetered on the brink of closure for years and received warnings in its last three publicly available audits warning that it could go out of business due to significant financial challenges in the aftermath of the coronavirus pandemic. <\/p>\n \u201cThe University has seen enrollment declines during the COVID-19 pandemic. While the enrollment has stabilized, it has not returned to the pre-pandemic levels the University once saw. The University has incurred additional liabilities during the year due to the results of additional borrowings deemed necessary by management and the Board of Trustees for operations, including the use of restricted funding for operational needs,\u201d auditors wrote.<\/p>\n Its latest available audit also noted that Martin \u201cexperienced a significant cyber-attack that resulted in extensive corruption of the University\u2019s records that required significant resources for operations and recreation of the University\u2019s records,\u201d which \u201chas taken a significant amount of time and effort due to significant turnover and instability in the finance and operation teams.\u201d<\/p>\n As noted by auditors, enrollment has also plunged in recent years.<\/p>\n Martin had nearly 1,000 students in fall 2010, but by fall 2023, its head count was at just 223 students, according to federal enrollment data.<\/p>\n Martin was founded in Indianapolis in 1977 to \u201cserve low-income, minority, and adult learners,\u201d and the majority of its students are Black, female and over 25, according to its website. The university was named in honor of civil rights activist Martin Luther King Jr. and St. Martin de Porres, a Peruvian saint who worked to achieve racial harmony in the 16th and 17th centuries.<\/p>\n","protected":false},"excerpt":{"rendered":" Martin University is the only predominantly Black institution in Indiana. Martin University plans to wind down operations at the end of the current semester. College officials are calling the move a \u201cpause,\u201d stopping short of calling it a closure. They attribute the pause to financial challenges, declining enrollment and the lack of an endowment. \u201cThe<\/p>\n","protected":false},"author":1,"featured_media":36611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[3500,2756,3783,781],"class_list":{"0":"post-36610","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education","8":"tag-martin","9":"tag-operations","10":"tag-pause","11":"tag-university"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/36610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36610"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/36610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/36611"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}