Higher Education | Alumni and critics wonder why the school’s trustees didn’t act sooner against Jerry Falwell Jr.
by Michael Reneau
Posted 9/02/20, 02:45 pm
Lynchburg, Va., bussinessman Jimmy Thomas Sr. and his family have invested much in Liberty University in the last 30 years. In 1992, Thomas and fellow businessman Daniel Reber donated $1.4 million for construction of Liberty’s dining hall, known as Reber-Thomas. When Liberty was drowning in debt and struggled to make payroll in 1995, Thomas and Reber bought $30 million of Liberty’s debt and forgave it.