Saint Augustine’s University, a historically Black college, has filed for Chapter 11 bankruptcy protection, according to Bloomberg. Founded in 1867, Saint Augustine’s is one of the oldest historically Black colleges in the US, but has faced financial struggles in recent years. Earlier this month, the board of directors at the Raleigh, North Carolina-based school voted unanimously in favor of initiating the bankruptcy process, as per a resolution included with court documents. On Monday, the college listed liabilities of $50 million to $100 million and assets of $100 million to $500