/JSU president resigns with questions remaining about school finances

JSU president resigns with questions remaining about school finances

On Tuesday, Jackson State University President Carolyn Meyers resigned. This was less than one week after the Mississippi Institutions of Higher Learning hired an accounting analytics firm for the university’s financial assessment. According to the IHL, Jackson State’s cash reserves have declined from $37million to $4 million in just four years. The university’s cash flow went from surplus to deficit during Meyers’ presidency. Meyers, in a letter dated Oct. 24, to Dr. Glenn Boyce (commissioner of the Institutions of Higher Learning) and Dr. Douglas Rouse (president of the IHL College Board of Trustees), stated that she would be resigning effective Nov. 1, “out of genuine pride and love for the university.” No other reasons were given. Meyers sent an email on Oct. 18 to students, faculty, and staff, prior to the IHL board meeting. It highlighted the university’s achievements during Meyers five-year tenure, including the growing student population, and expanded programs. Qualy Stokes, a senior JSU criminal justice major, said that it has been a difficult two weeks at the school. Stokes believes Meyers’ resignation was due to financial problems at JSU. Stokes recalls Meyers’ email last week and says that it was “her goodbye letter”. Rashad J. Moore, a JSU graduate student, said Meyers’ resignation wasn’t surprising after the IHL report. Moore was a student during Meyers entire five-year tenure. He said that the university must make changes to ensure its continued success. Moore stated that he is hopeful that the university can thrive despite the negative. Moore stated, “Like every other person who cares for JSU, we hope that the next person can continue to carry on the JSU traditions for future students and students to come.” Boyce accepted Meyers’ resignation Tuesday on behalf of IHL board. Boyce also said, “We appreciate Dr. Meyers’ service to Jackson State University” and “wish her well in the future endeavors.” A temporary president will be named soon and a timeline will be released for the presidential search. Boyce stated that students remain our number one priority. “Students remain our top priority,” Boyce said.