West Virginia regulators are allowing the troubled Alderson Broaddus University to continue operating — but only provisionally — and they’re demanding that it keep the state apprised monthly of its financial health. The state’s Higher Education Policy Commission on Wednesday voted to reauthorize Alderson Broaddus, a private, Baptist-affiliated institution, through the end of June 2024. But the commission warned it could revoke its endorsement at any time should the university not meet West Virginia’s benchmarks for financially solvent colleges.
