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Failure of Burlington College is a big problem for Bernie and Jane Sanders


LebaneseDude

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LebaneseDude

Via Washington Post

Bernie Sanders is huge on college campuses—or yuuuuge, as he likes to say—but the small private school in Vermont that his wife, Jane, ran for seven years announced yesterday that it will shutter because of “the crushing weight” of debt incurred under her leadership.

Burlington College said its financial troubles are connected to Mrs. Sanders’s 2010 purchase of 32 acres of lakefront property, part of a botched expansion plan. The college was placed on academic probation in 2014 by its accrediting agency and it faced cash flow problems due to the imminent loss of a line of credit, The Post’s Nick Anderson reports. To survive, the school has tried to sell land but it was not enough to remain solvent.

Jane Sanders was president from 2004 until 2011, when she stepped down amid an apparent dispute with the college’s board. She left with a $200,000 severance package.

-- The Sanders campaign has ignored repeated requests for comment on Burlington College’s failure. The uncharacteristic silence is telling.

In response to reporters' questions about a possible law enforcement probe into the college's finances, [President Carol A. Moore and Dean Coralee Holm] declined to comment.”

Politico: “The college was also on the Education Department’s list of colleges that are subject to extra scrutiny — known as ‘heightened cash monitoring’ — as recently as March 1, for issues relating to ‘financial responsibility.’”

CNN: A loan application that Jane signed apparently overstated the amount of pledged donations Burlington College had when acquiring the land. The school took a $6.7 million loan.The Vermont Journalism Trust first reported last year that she told People’s United Bank that the college had $2.6 million in pledged donations to support the purchase: “The college, however, received only $676,000 in actual donations from 2010 through 2014 … Burlington College also cited a $1 million bequest as a pledged donation that would be paid out over six years, even though the money would only be available after the donor’s death.”

Vanity Fair: “The financial failure of Burlington College presents a jarring contrast with the upbeat, optimistic message of the Sanders campaign … While Sanders has inspired millions of young supporters with his promise to eliminate college debt, his wife’s decision to hike tuition in order to pay for a costly campus expansion—a big factor in the rise of college tuition throughout the country—casts Bernie’s hopeful policy proposals in a more complicated light.

Edited just now by LebaneseDude.
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LebaneseDude

What a fraud because his wife is a fraud. :lolga:

Edited just now by LebaneseDude.
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Meanwhile some monsters overlook every one of Hillarys missteps that are so much worse than this 

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LebaneseDude
5 minutes ago, Jed said:

Meanwhile some monsters overlook every one of Hillarys missteps that are so much worse than this 

Name one that isn't the e-mails or Benghazi without using the Internet :lolga:

Edited just now by LebaneseDude.
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badgalriri
16 minutes ago, LebaneseDude said:

Name one that isn't the e-mails or Benghazi without using the Internet :lolga:

we dont need to name one that isnt the emails or benghazi because those acts are criminal. Hillary is a literal criminal and a god damn liar.

 

How about this misstep for hillary. being against gay marriage for pretty much most of her entire career as a politician and now here she is, flip flopping, as usual, and is now all for it.

 

Hillary is a liar and a crook. 

sorry.

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Whispering

No wonder they don't want to release their tax returns.

Bernie and his wife are liars and crooks. 

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LebaneseDude
3 hours ago, badgalriri said:

we dont need to name one that isnt the emails or benghazi because those acts are criminal. Hillary is a literal criminal and a god damn liar.

 

How about this misstep for hillary. being against gay marriage for pretty much most of her entire career as a politician and now here she is, flip flopping, as usual, and is now all for it.

 

Hillary is a liar and a crook. 

sorry.

LOL this goes to show how much you pay attention to news.

Clinton was completely vindicated by Benghazi, with the Republican chair in charge basically coming out and saying that it was a witch hunt.

There is also nothing criminal about Hillary's e-mails as of this moment. The FBI investigation is yet to be completed. Any accusations are premature.

I LOVE how ignorant you are. It's remarkable!

Hillary was indeed not in support of same-sexxx marriage but she never opposed it and in fact outright stated she would not block it. Not supporting =/= opposing. Learn the difference, especially when she NEVER voted for anti-gay legislation.

If was not a misstep unless you employ revisionist history. By all accounts most Americans were wrong about it at the time for various reasons. Trying to pin it on her is such a stretch you'd hit the ceiling. It was an appropriate opinion for the time, one that we look down upon but understand in its contexts.

Clinton is the most honest person in the race as proven by every non-biased fact checker you can think of. 

Unlike Sanders she has NOT violated campaign finance laws, she has NOT failed to release her tax returns, she has NOT used money donated from poor college students to take trips with family to Italy, she has NOT backtracked on her word to not go negative on Sanders despite him doing so, she has NOT hypocritically denounced superdelegates for overturning the will of the people while later stating that they must be used for her, and she has NOT effectively endorsed violence in rallies to prove points like Sanders did for Nevada.

Try harder :staymad: 

Edited just now by LebaneseDude.
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badgalriri
1 minute ago, LebaneseDude said:

LOL this goes to show how much you pay attention to news.

Clinton was completely vindicated by Benghazi, with the Republican chair in charge basically coming out and saying that it was a witch hunt.

There is also nothing criminal about Hillary's e-mails as of this moment. The FBI investigation is yet to be completed. Any accusations are premature.

I LOVE how ignorant you are. It's remarkable!

Hillary was indeed not in support of same-sexxx marriage but she never opposed it and in fact outright stated she would not block it. Not supporting =/= opposing. Learn the difference, especially when she NEVER voted for anti-gay legislation.

If was not a misstep unless you employ revisionist history. By all accounts most Americans were wrong about it at the time for various reasons. Trying to pin it on her is such a stretch you'd hit the ceiling. It was an appropriate opinion for the time, one that we look down upon but understand in its contexts.

Clinton is the most honest person in the race as proven by every non-biased fact checker you can think of. 

Try harder :staymad: 

 

 

lmao ur so warped. u believe everything she says. her emails are 100% criminal. she jeopardized the safety of the USA. 

 

anyway. i'm not arguing with you about this. i dont have time to argue on a gaga forum lol. you're entitled to your opinion. 

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LebaneseDude
Just now, badgalriri said:

 

lmao ur so warped. u believe everything she says. her emails are 100% criminal. she jeopardized the safety of the USA. 

 

Literally no proof of this, especially since the IG report vindicated her.

And if you're so concerned with national security then work on fixing your ignorance.

:staymad: 

Edited just now by LebaneseDude.
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badgalriri
Just now, LebaneseDude said:

Literally no proof of this.

And if you're so concerned with national security then work on fixing your ignorance. It's the main reason the USA is suffering.

:staymad: 

 

lmao nah. i'm not ignorant to anything.

again, i'm not here to argue with teenagers about hillary clinton. quote me when u have the right to vote :hor:

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AlexanderLevi2
2 minutes ago, badgalriri said:

 

anyway. i'm not arguing with you about this. i dont have time to argue on a gaga forum lol. you're entitled to your opinion. 

Sounds like a typical Bernie supporter :saladga:

You started the argument, btw.

Currently listening to Joanne
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LebaneseDude
Just now, badgalriri said:

lmao nah. i'm not ignorant to anything.

again, i'm not here to argue with teenagers about hillary clinton. quote me when u have the right to vote :hor:

Teenager. I wish :toofunny: 

I'd love to be as blissfully ignorant as I was back then. The world was so much simpler. :rip: 

Edited just now by LebaneseDude.
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badgalriri
Just now, AlexanderLevi2 said:

Sounds like a typical Bernie supporter :saladga:

You started the argument, btw.

 

nah i stated my opinion on hillary clinton. i never said a word about the user. they called me ignorant the minute i said anything about my dislike of HC. so nah, they started it. 

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LebaneseDude
Just now, badgalriri said:

nah i stated my opinion on hillary clinton. i never said a word about the user. they called me ignorant the minute i said anything about my dislike of HC. so nah, they started it. 

You literally quoted me :rip: 

Edited just now by LebaneseDude.
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AlexanderLevi2
Just now, badgalriri said:

nah i stated my opinion on hillary clinton. i never said a word about the user. they called me ignorant the minute i said anything about my dislike of HC. so nah, they started it. 

Well, you know if you don't want to deal with "teenagers" you could have easily never said a word about anything. But you took the time to write a message back.

If you are so "mature" you don't need to say anything... But you did. So, bye.

Currently listening to Joanne
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