Regent Hopes to Double Enrollment

Pat Robertson's Regent University plans to double its enrollment as it attempts to balance its budget and seeks reaccreditation: "Regent was faulted in 2006 by credit-rating agencies Moody's Corp. and Standard & Poor's for years of deficit spending and heavy withdrawals from its endowment. S&P reported that Regent planned to regain financial stability 'primarily by growing revenues associated with the recently established undergraduate program.'"