Howard Deans: Howard’s Survival at Risk, Citing Serious Fiscal Problems and Flawed CFO

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  • Allegations of financial bungling at Howard University are mounting as senior academic leaders have charged that “fiscal mismanagement is doing irreparable harm” to the historically black college in Washington, D.C.

    According to The Washington Post, Howard’s Council of Deans is urging Howard to fire its chief financial officer, saying his actions have put Howard’s survival at serious risk.

    Howard’s Council of Deans also alleged that staff cuts at the university have been based on “inaccurate, misleading” data, lamented a decline in research expenditures and contended that a “burdensome” tuition increase has driven away students.

    In a letter obtained by The Washington Post, the deans said Howard’s external auditor, PricewaterhouseCoopers, had cited “grave concern about the quality of fiscal decision-making” recently as it terminated its work for the university.

    Above all, the deans blamed the “fiscal direction” of Robert M. Tarola, an independent contractor who serves as the university’s senior vice president for administration, chief financial officer and treasurer, according to the Post.

    “We believe this direction places the very survival of the University at risk,” the deans wrote in the June 6 letter addressed to Howard trustees.
    Howard President Sidney A. Ribeau rejected the allegations, saying the university is making tough decisions to secure its future and remains in strong shape.

    “There is not any kind of mismanagement administratively or financially that is damaging the university,” Ribeau said in an interview with The Washington Post.  “Unequivocally.”

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