of that year, despite never being formally inaugurated.
=== Financial crisis of 1952 and recovery ===
The college suffered from a severe financial crisis in 1952, and sought $50,000 in emergency funding. At the time, the Chairman of the Corporation stated that without these funds, the college had three alternatives: go broke, sell out, or merge with another institution. Led by the National Alumni Council, a grassroots campaign was launched to improve the financial situation of the college. The efforts led to the resignation of the Council of Trustees, which was then replaced mostly by alumni. The new board elected a former Emerson history professor, S. Justus McKinley, as the fifth President of Emerson College.
Pulling out of its financial crisis, the college started to develop its programs with new facilities. In 1953, Emerson opened The Robbins Speech, Language and Hearing Clinic at 145 Beacon Street, furthering the Communication Sciences and Disorders Program. A television studio was dedicated at 130 Beacon …
