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Historically Black School in Columbia Hoping for Fiscal Turnaround

  Our next guest's learning institution is one of six four-year degree historically black colleges and universities in South Carolina.  And, as with so many others in this category, her's has also been going through some tough times.

Mike Switzer interviews Dr. Lady June Cole, interim president of Allen University in Columbia.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.