Flames Home > News

Chancellor Jerry Falwell, Jr. Offers a Trio of Historic Announcements During Fall Briefing

August 10, 2007
|  Lynchburg, Va.
|   RSS
|   Share

Chancellor Jerry Falwell, Jr., gives a fall update to the faculty and staff in Thomas Road's Worship Center.

Chancellor Jerry Falwell, Jr., gives a fall update to the faculty and staff in Thomas Road's Worship Center.

Falwell Insurance Pays Off LU Debt
By Christa Desrets
A feature article by the Lynchburg News & Advance

Chancellor Jerry Falwell, Jr. offered a trio of historic announcements during a fall briefing with the faculty and staff of Liberty University, today.

Falwell began the university meeting by stating that, due to the substantive insurance policy of the late Rev. Jerry Falwell, Liberty University is now debt free and can aggressively focus its fund raising efforts on solidifying the university's endowment.

Secondly, Liberty University today received an additional endowment gift valuing 2.5 million dollars.

Finally, he announced that within the week the university will welcome the largest freshman class in her history totaling more than 3400 freshmen - bringing the total residential enrollment to approximately 10,500 students.

Falwell concluded the gathering by assuring the Liberty University faculty and staff that these historic events will enable the university to continue its commitment to train generations of "Champions for Christ" in unprecedented ways.