In the midst of accusations of wrongdoing, the Oral Roberts University (ORU) Board of Regents Chairman George Pearsons said the school owes over $55 million in debt. According to IRS records, ORU had about $ 76 million in revenue in 2005, and its operating budget for 2007-2008 was over $82 million. One former regent member said that the endowement approached $ 60 million at its peak, but a university spokesman said the current endowment exceeds $34 million. In September Richard Roberts , who served as president since 1993, was accused of wrong-doing and stepped down temporarily last week. His father Oral Roberts returned to serve as a temporary president last week. On Monday night alumni, clergy from around the U.S., and the people fired held a rally at Morningstar Baptist Church asking for Richard to permantly resign. They say Robert's temporary leave of absence "isn't enough." Related news 
In the midst of accusations of wrongdoing, the Oral Roberts University (ORU) Board of Regents Chairman said the school owes over $55 million in debt. According to records, ORU had about $ 76 million in revenue in 2005, and its operating budget for 2007-2008 was over $82 million. One former regent member said that the endowment approached $ 60 million at its peak, but a university spokesman said the current endowment exceeds $34 million. In September , who served as president since 1993, was accused of wrong-doing and stepped down temporarily last week. His father returned to serve as a temporary president last week. On Monday night alumni, clergy from around the U.S., and the people fired held a rally at Morningstar Baptist Church asking for Richard to permantly resign. They say Robert's temporary leave of absence "isn't enough." Related news Sister links
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George Pearsons
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$55 million in debt. According to IRS records, ORU had about $
$55 million in debt. According to records, ORU had about $
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$82 million. One former regent member said that the endowement approached $
$82 million. One former regent member said that the endowment approached $
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Richard Roberts
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Oral Roberts
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Sister links