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.
-
Israel-US 'rift': is Trump losing patience with Netanyahu?Today's Big Question US president called for an end to Gaza war and negotiated directly with Hamas to return American hostage, amid rumours of strained relations
-
Zack Polanski: the 'eco-populist' running for Green Party leaderIn The Spotlight 'Insurgent' party deputy is making a bid to take the Greens further to the left
-
Do smartphone bans in schools work?The Explainer Trials in UK, New Zealand, France and the US found prohibition may be only part of the solution
-
Hamas frees US hostage in deal sidelining Israelspeed read Edan Alexander, a 21-year-old soldier, was the final living US citizen held by the militant group
-
White Afrikaners land in US as Trump-declared refugeesspeed read An exception was made to Trump's near-total ban on admitting refugees for the white South Africans
-
Qatar luxury jet gift clouds Trump trip to Mideastspeed read Qatar is said to be presenting Trump with a $400 million plane, which would be among the biggest foreign gifts ever received by the US government
-
Trump taps Fox News' Pirro for DC attorney postspeed read The president has named Fox News host Jeanine Pirro to be the top federal prosecutor for Washington, replacing acting US Attorney Ed Martin
-
Trump, UK's Starmer outline first post-tariff dealspeed read President Donald Trump and British Prime Minister Kier Starmer struck a 'historic' agreement to eliminate some of the former's imposed tariffs
-
Fed leaves rates unchanged as Powell warns on tariffsspeed read The Federal Reserve says the risks of higher inflation and unemployment are increasing under Trump's tariffs
-
Denmark to grill US envoy on Greenland spying reportspeed read The Trump administration ramped up spying on Greenland, says reporting by The Wall Street Journal
-
Supreme Court allows transgender troop banspeed read The US Supreme Court will let the Trump administration begin executing its ban on transgender military service members
