Monday, May 16, 2016

Burlington College Announces Closure

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: