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BOSTON (AP) — Boston University's student-run newspaper is using financial crowdsourcing to raise money to cover its debts.
The Daily Free Press says it will have to stop publishing its weekly print edition by December 31 if it can't raise enough money to pay back much of its nearly $70,000 in debt.
The Boston Globe reports (http://bit.ly/1xwbgVR ) that the independent student newspaper began seeking donations this week through the crowdfunding website gofundme.com. About $15,000 had been raised by late Tuesday.
Editor-in-chief Kyle Plantz says the staff is getting support from family, friends, alumni and "people who haven't heard of us or read us."
The newspaper also has an online site for daily content. It accumulated the debt over the past several years.
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Information from: The Boston Globe, http://www.bostonglobe.com
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