FLORENCE — Wesley College, a small ministry school in the central Mississippi town of Florence, will close at the end of the month because of a $2.7-million debt.
Registrar Charity Nelson told The Clarion-Ledger that leaders of the college learned of the closure last week and have notified students enrolled for fall classes.
The four-year school is owned by the Congregational Methodist Church. It has operated at its site on Highway 469, off U.S. 49, since 1972.
It was known as Westminster College until 1976.
Nelson says debt accrued from building a new dorm and a drop in contributions prompted the decision to close.
The college has about 140 students per semester with 40 percent living on campus.