Ann Galloway reports for the VTDigger.org news site that Burlington College will be closing. There are a several links to earlier VTDigger's investigative articles.
Burlington College was founded in 1972. While enrollments were trending upward since the 2009-10 academic year, they never reached 250 students. And the institution's endowment, valued at just over $160,000 for the 2013-14 academic year, was very small. In this context, it is unfortunately hard to imagine any other outcome after the college used debt financing to purchase land and buildings for a new campus.
Additional articles on the closing can be found at:
- Inside Higher Ed, "Burlington College Will Shut Down,"
- The Chronicle of Higher Education, "Burlington College Will Close, Citing Longstanding Financial Woes,"
- Burlington Free Press, "Burlington College to close under weight of debt,"
- The Atlantic, "What Killed Burlington College?"
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