PHEAA Fires Fundraiser

The head of the fundraising arm of Pennsylvania's student aid agency has been fired in a dispute over his travel expenses, according to a published report.

The board of the Pennsylvania Higher Education Foundation voted unanimously Monday to terminate Michael Hershock from his $150,000-a-year jobs as its president and chief executive officer, citing a "willful breach of the president's fiduciary duty involving personal profits," The Patriot-News reported Tuesday.

Hershock's lawyer, Walter Cohen, accused the board of "totally disregarding" the terms of his client's contract, but said he was unsure whether they would pursue legal action challenging the firing.

For the full story, go to pennlive.com.

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