2012 Crisis
In 2012, UCB faced a financial crisis and deficit and had planned to partner with Endicott College. There was a $250,000 deficit that UCB couldn't fill directly, resulting in complaints from NEASC about UCB's future financial viability. UCB aggressively took steps to remedy this situation and complaint.
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Famous quotes containing the word crisis:
“The easiest period in a crisis situation is actually the battle itself. The most difficult is the period of indecision—whether to fight or run away. And the most dangerous period is the aftermath. It is then, with all his resources spent and his guard down, that an individual must watch out for dulled reactions and faulty judgment.”
—Richard M. Nixon (1913–1995)