Burlington College will close on May 27 due to "the crushing weight of the debt" that the school incurred while Bernie Sanders' wife, Jane Sanders, was running the institution, The Burlington Free Press reports.
Jane Sanders ran the school between 2004 and 2011; in 2010 she took out $10 million in loans to purchase a 32-acre swath of land in order to establish a new campus on Lake Champlain. As Heat Street reports, Sanders was not able to reach her fundraising goals or commitments, and less than a year later the school was under crushing debt. Sanders left the college the next year.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Trump’s budget bill will increase the deficit. Does it matter?Today's Big Question Analysts worry a 'tipping point' is coming
-
Film reviews: The Phoenician Scheme, Bring Her Back, and Jane Austen Wrecked My LifeFeature A despised mogul seeks a fresh triumph, orphaned siblings land with a nightmare foster mother, and a Jane fan finds herself in a love triangle
-
Music reviews: Tune-Yards and PinkPantheressFeature "Better Dreaming" and "Fancy That"
-
Elon Musk slams Trump's 'pork-filled' signature billspeed read 'Shame on those who voted for it: you know you did wrong,' Musk posted on X
-
Depleted FEMA struggling as hurricane season beginsspeed read FEMA has lost a third of its workforce amid DOGE cuts enforced by President Donald Trump
-
White House tackles fake citations in MAHA reportspeed read A federal government public health report spearheaded by Robert F. Kennedy Jr. was rife with false citations
-
Judge blocks push to bar Harvard foreign studentsspeed read Judge Allison Burroughs sided with Harvard against the Trump administration's attempt to block the admittance of international students
-
Trump's trade war whipsawed by court rulingsSpeed Read A series of court rulings over Trump's tariffs renders the future of US trade policy uncertain
-
Elon Musk departs Trump administrationspeed read The former DOGE head says he is ending his government work to spend more time on his companies
-
Trump taps ex-personal lawyer for appeals courtspeed read The president has nominated Emil Bove, his former criminal defense lawyer, to be a federal judge
-
US trade court nullifies Trump's biggest tariffsspeed read The US Court of International Trade says Trump exceeded his authority in imposing global tariffs
