Years of financial misconduct in the accounting department left The College of New Rochelle in massive financial debt and about to implode. Can this 114-year-old Westchester institution survive?
The two women dreaded walking into the Town Hall meeting. Dorothy Escribano, interim president at the College of New Rochelle, had been in her job all of two days. Gwen Adolph, recently elected board president, had yet to chair her first board meeting. Together, they were about to deliver a bombshell to the packed room of faculty and staff: The college was on the brink of collapse.