WASHINGTON, DC -- MARCH 18: Howard junior, Alysson Carpenter, 19, is the class president and one of the top students on campus. This year she has been studying at Oxford as part of an exchange program, but started her semester three weeks late because Howard did not transfer her scholarship on time.
Founded in 1867, Howard University is one of the elite HBCU's in the country, but revenue and administration problems plague the instititution and threaten its status. (photo by Andre Chung for The Washington Post)