Falwell life insurance money rids Liberty University of its debt (Arizona Daily Star)
LYNCHBURG, Va. The late Rev. Jerry Falwell left a $34 million life insurance policy to the college and church he founded, ridding the financially troubled Liberty University of its debt, his son said Friday.

Falwell life insurance rids Liberty University of its debt (The News & Advance)
More than 35 years after its founding, Liberty University is finally debt-free after a $34 million life insurance payout following the death of the Rev. Jerry Falwell, his son said Friday.