Burlington College announced today that it will close on May 27 after it found itself unable to recover from “the crushing weight of the debt” incurred under Jane O’Meara Sanders, the college’s former president and wife of Bernie Sanders.
At the end of 2010, Ms. Sanders took out $10 million in loans on behalf of Burlington College to purchase a 32-acre swathe of land from the Roman Catholic diocese, which put the land up for sale to help cover the costs of a $17 million sexual-abuse settlement.
Less than a year after leading Burlington College into massive debt, Ms. Sanders resigned, taking with her a $200,000 severance package. By 2014, because of its shaky finances and running deficits, Burlington College found itself placed on probation for two years by the regional accreditation agency.
Catholic parishioners in Vermont have called for an investigation into whether Ms. Sanders committed federal bank fraud by deliberately misrepresenting the amount that the college had secured in fundraising pledges as she sought financing for the land purchase.
As Ms. Sanders pursued financing for the land acquisition, she repeatedly said that Burlington College had received more than $2 million in fundraising commitments and pledges, according to numerous records.
But in fiscal year 2011, Burlington College raised only $279,000—though the college had earlier claimed to have secured $1.2 million in confirmed pledges.
In January, Vermont lawyer Brady Toensing, who is also vice chair of the Vermont Republican Party, wrote a letter on behalf of Catholic parishioners to the U.S. attorney in Vermont, as well as the inspector general of the Federal Deposit Insurance Corporation, seeking a probe into whether Ms. Sanders fraudulently secured the loans.
http://heatst.com/politics/breaking-burlington-college-closes-due-to-crushing-weight-of-debt-acquired-by-jane-sanders/
>>74244528
>USA in a nutshell if Bernie becomes president
>>74244611
MY THOUGHTS EXACTLY
Pure coincidence
>>74244528
It's like poetry
>>74244666
CHECKED
>>74244666
#Iridewithsatan
>>74244528
>>74244528
fucking jews i tell you
>>74244528
share it with reddit and watch them go ape shit
>>74244528
Kek sounds exactly like the shit our previous president did that got her impeached.
this is Boynie's son
>Trusting a woman
They deserved it desu
>>74244528
Yeah, Bernouts ignored this even early on.
>>74244528
>300 hundred students
oh, look it's totally irrelevant
>>74244528
How much went to her offshore account?
>>74244528
its a good article, but is this source reliable?
>Ms. Sanders took out $10 million in loan
Small loan of $10m :^)
>>74244749
GOOD PLAN BUT SOMEONE ELSE WILL HAVE TO DO IT I'VE NEVER BEEN THERE AND DON'T EVEN KNOW HOW TO POST IT THERE
>>74244749
>plebbit
JUST
Nice trump shilling OP. What is Trump university?
>>74244528
She's clearly not as skilled at conning college kids out of their money as her husband is.
>>74244781
>O'Meara
A fucking potato paired up with a jew.
You could call her an oven potato.
>>74244815
>CAPS LOCK GUY
>typing all in caps
Hah, I get it! Up vote!
>>74244908
ACTUALLY VOTING FOR GARY JOHNSON TRUMP IS OK IN MY BOOK BUT I WON'T VOTE FOR EITHER OF THE MAJOR PARTIES
>>74244945
THANKS HOTEL SOAP BAR
>>74244781
I enjoyed watching her visit Tent City down here in AZ. Sheriff Joe made her look real stupid.
>these tents are so inhumane
>these are actually tents our soldiers used to sleep in.
>>74244749
They'll just ban you and sweep it under the rug like the hugbox they are.
>>74244666
brutal dubs+trips combo
>>74244921
underrated
>>74245028
>>74245068
very high energy
>>74244732
How come that kikes make me laugh the most on this board. I should visit Israel
>>74244528
>Jews are good with money
>Jews will bankrupt the country if they manage it
>which put the land up for sale to help cover the costs of a $17 million sexual-abuse settlement.
Why would they add this useless information?
>>74248622
To make her not look as bad. I'm not joking.
>>74248194
>Jews will bankrupt a country if it benefits them
ftfy
>only source
>Buzzfeed for nazis
>>74248832
>>74248869
They're fucking everywhere. How does it happen?
>>74248194
>spaniards can't be white
Even some argentinians are white despite what the meme tells you
>>74244922
Baked potato, Hans.
>Do we have to help you out with everything?
>>74244528
Yeah, but the school was just not run in a real Socialist manner.
>>74244528
FEEL THE BERN
>>74249400
Stupid strayan, of course spaniards are white, you are as stupid as this american self centered libcuck.
>>74244528
Poetry.
>>74244770
.mfw, central casting: "We need someone who LOOKS Jewish"
>>74244528
Mfw bernie is in debt too. What on earth does she do with all this money?
>>74246765
Sauce
>>74244528
>>74244528
I accidentally the whole bankruptcy
>>74248746
>Holocaust on the bottom is the culmination of all the attempts to purge and expel the Jews
o7
