Building Where Sanders’ Wife Was College President is Sold - Higher Education
Higher Education News and Jobs

Building Where Sanders’ Wife Was College President is Sold

by Associated Press

BURLINGTON, Vt. — A Vermont building that housed a now-defunct college where U.S. Sen. Bernie Sanders’ wife was president has been sold at auction.

The Burlington Free Press reports People’s United Bank took ownership of the former Burlington College property Wednesday for $3.1 million, about $650,000 less than the college has in debts.

Developer Eris Farrell hopes to buy the building.

Burlington College closed last year after struggling under the weight of a $10 million purchase of property and buildings from the Roman Catholic Diocese of Burlington it made in 2010 during Jane Sanders’ presidency.

Federal investigators are looking into the finances behind the real estate deal put together by Jane Sanders.

A spokesman for Jane Sanders and the independent senator says the allegations that prompted the investigation were politically motivated attacks.

RELATED ARTICLES >>
TRIO Programs: Paving the Way for Diverse Students in Higher Education Being the first in my family to attend college is not only a privilege, it's a wonderful honor and gives me a great sense of responsibility. As a first-generation college student from a working class family, college was the exception not necessarily ...
Longtime UMASS Employee Reports Racial Profiling in Campus Police Incident A longtime employee of the University of Massachusetts Amherst said he was racially profiled when someone called the police as he was walking into a campus building on Friday morning, according to a report by the Daily Hampshire Gazette. The calle...
Study: Black Students Who Show Interest in Black Activism Face Admissions Barriers Black students who show a penchant for Black activism in inquiry emails to historically and predominately White colleges have a greater chance of being ignored by college admissions counselors at those universities, according to research findings pub...
Thurgood Marshall College Fund Awards More Than $3.3 Million to Students in 2018 The Thurgood Marshall College Fund has awarded more than $3.3.million in scholarship money to students since January 2018, according to a press release issued Monday by the organization. The money was received by high-achieving students attending ...
Semantic Tags: