Current:Home > MyVermont’s Goddard College to close after years of declining enrollment and financial struggles -Wealth Nexus Pro
Vermont’s Goddard College to close after years of declining enrollment and financial struggles
Algosensey Quantitative Think Tank Center View
Date:2025-04-08 02:44:32
PLAINFIELD, Vt. (AP) — Vermont’s Goddard College, a small school known for its progressive education, is closing after years of declining enrollment and financial struggles, the board of trustees announced.
The decision to close at the end of the semester was heart-wrenching but unavoidable as the school, created in 1938, faces financial insolvency, the board said in a statement Tuesday.
Goddard currently has 220 students, compared with more than 1,900 in the early 1970s, the board said.
“The closure of Goddard College is a significant loss for students in search of an alternative, progressive higher education,” board chair Mark Jones said in a statement. “The decision to close Goddard College was not made easily or quickly. With declining enrollment and financial insolvency looming, the Board was left with no other option. Our hearts are broken.”
Boards and administrations have tried for decades to find ways to keep Goddard sustainable, but it couldn’t beat the inflationary pressures, demographic changes and shifts in educational preferences that it and other colleges have faced, the board said. Schools have grappled with a shift toward more career-oriented training and a decline in the number of college-age students.
Among Goddard alumni are actor William H. Macy, playwright David Mamet, jailed activist and cause celebre Mumia Abu-Jamal, and some members of the rock band Phish.
Goddard students will have the chance to continue their education at the same tuition rate through Prescott College in Arizona, the board said. Other partner institutions may be announced in the near future. A scholarship fund will be created to help the students transition, Goddard officials said.
veryGood! (3784)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Most Kia and Hyundais are still vulnerable to car theft. Is yours protected?
- Apple CEO Tim Cook on creating a clean energy future
- A deputy police chief in Thailand cries foul after his home is raided for a gambling investigation
- Tom Holland's New Venture Revealed
- Taylor Swift roots for Travis Kelce alongside Donna Kelce at Kansas City Chiefs game
- Russian drone strikes on Odesa hit port area and cut off ferry service to Romania
- District attorney drops case against Nate Diaz for New Orleans street fight
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- College football Week 4 overreactions: Too much Colorado hype? Notre Dame's worst loss?
Ranking
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Your Ultimate Guide to Pimple Patches
- Powerball jackpot rises to estimated $785 million after no winning tickets sold for Saturday's drawing
- David McCallum, star of hit TV series 'The Man From U.N.C.L.E.' and 'NCIS,' dies at 90
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- UAW demands cost-of-living salary adjustment as Americans feel pinch of inflation
- A government shutdown isn't inevitable – it's a choice. And a dumb one.
- RYDER CUP ’23: A glossary of golf terms in Italian for the event outside Rome
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Hollywood writers, studios reach tentative deal to end strike
Trump campaigns in South Carolina after a weekend spent issuing threats and leveling treason claims
Michigan woman will serve up to 5 years in prison for crash into icy pond that killed her 3 sons
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Philadelphia officer to contest murder charges over fatal shooting during traffic stop
Fresh fighting reported in Ethiopia’s Amhara region between military and local militiamen
Pregnant Shawn Johnson Reveals the Super Creative Idea She Has for Her Baby's Nursery