TERRA STATE PRES
IN NORTHWEST OHIO, AN INTERIM PRESIDENT HAS BEEN NAMED AT ONE COMMUNITY COLLEGE IN AN EFFORT TO RESTORE LONG-TERM FINANCIAL STABILITY.
SANDUSKY COUNTY'S ONLY COMMUNITY COLLEGES UNDER NEW LEADERSHIP. TERRACE STATE COMMUNITY COLLEGE NAMED DOCTOR COREY STEIN AS INTERIM PRESIDENT, EFFECTIVE IMMEDIATELY. FORMER PRESIDENT RON SCHUMACHER STEPPED DOWN IN MARCH FOLLOWING THE SCHOOL'S FISCAL WATCH DESIGNATION. STATE OFFICIALS PLACED THE COLLEGE ON FISCAL WATCH, TRIGGERING INCREASED OVERSIGHT AND A 90 DAY DEADLINE TO CREATE A FINANCIAL RECOVERY PLAN. STEIN WILL NOW LEAD THAT EFFORT. IF THE STATE APPROVES THE PLAN, TERRACE STATE WILL BE MOVED INTO A THREE-YEAR RECOVERY PROCESS TO RESTORE LONG TERM FINANCIAL STABILITY.