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Like so many progressives, Jane Sanders took a pretty good thing and drove it into the ground.  As president of Burlington College, she took out a bank loan of $10 million to purchase and buildings from the Catholic diocese of Burlington, VT.  As part of the loan agreement, she promised $2.6 million in donations and grants. Problem is only about $675,000 was ever collected.

On 27 May, the college will close its doors and the institution go into receivership. Jane Sanders took a $200,000 severance package in 2014 and left the mess behind. 

Most of the land will be developed for high end real estate.  The diocese is out millions it was slated to use for their mission to the poor.

Jane Sanders is named in a request for a federal investigation for bank fraud.

https://assets.documentcloud.o...parent-Fraud-Sen.pdf

For more:  http://www.nationalreview.com/...ancial-mismanagement

http://www.cnn.com/2016/05/16/...n-college/index.html

 

 

TRUTH -- THE NEW HATE SPEECH!

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Also, She ultimately had to raise the tuition on her students to help pay off the debt she initiated. Remember Bernie inspiring millions of young supporters with his promise to eliminate their college debt?? His wife’s decision to Hike Tuition in order to pay for the costly campus expansion -- a big factor in the rise of college tuition throughout the country... If I were a Bernie supporter I would have to question his policy proposals in a more complicated light, regarding Free College & relief of debt. Looks like she couldn't get enough of Other Peoples money to pay for her debt/idea's.  On the other hand, her semi-Golden Parachute ($200,000 free money) helped her land comfortably, washing her hands from having to answer any more questions regarding the Schools obligation & responsibility to pay back the loan. Her practice of using someone else's money, didn't work out. Feel sorry for those having to clean up her Mess.

We all probably had to work with someone like her who Didn't Know What the Hell they were Doing...No Structured Details of the Work, Only had good Talking Points. A REAL HOT AIR ARISTOCRAT with Bachelor degree in Social Work, and later Doctrine in Leadership??? (Doctrine was the Mail Order Type, anyone could get for a fee)

Total Financial Mismanagement should be her New Doctrine going forward... 

Also, She ultimately had to raise the tuition on her students to help pay off the debt she initiated. Remember Bernie inspiring millions of young supporters with his promise to eliminate their college debt?? His wife’s decision to Hike Tuition in order to pay for the costly campus expansion -- a big factor in the rise of college tuition throughout the country... If I were a Bernie supporter I would have to question his policy proposals in a more complicated light, regarding Free College & relief of debt. Looks like she couldn't get enough of Other Peoples money to pay for her debt/idea's.

==================

It's like the line in the little song about bill clinton-"billy clinton has a way, of making BS sound OK" Change bill to any demoslop, they have a way to make it sound OK and their supporters just eat it up!

River Runner posted:

Also, She ultimately had to raise the tuition on her students to help pay off the debt she initiated. Remember Bernie inspiring millions of young supporters with his promise to eliminate their college debt?? His wife’s decision to Hike Tuition in order to pay for the costly campus expansion -- a big factor in the rise of college tuition throughout the country... If I were a Bernie supporter I would have to question his policy proposals in a more complicated light, regarding Free College & relief of debt. Looks like she couldn't get enough of Other Peoples money to pay for her debt/idea's.  On the other hand, her semi-Golden Parachute ($200,000 free money) helped her land comfortably, washing her hands from having to answer any more questions regarding the Schools obligation & responsibility to pay back the loan. Her practice of using someone else's money, didn't work out. Feel sorry for those having to clean up her Mess.

We all probably had to work with someone like her who Didn't Know What the Hell they were Doing...No Structured Details of the Work, Only had good Talking Points. A REAL HOT AIR ARISTOCRAT with Bachelor degree in Social Work, and later Doctrine in Leadership??? (Doctrine was the Mail Order Type, anyone could get for a fee)

Total Financial Mismanagement should be her New Doctrine going forward... 

I counted about four majors that might yield a decent income. One included woodworking. I hope the teacher was better than Bernie, who was once described as a lousy carpenter.  However, I suspect one could learn the same skills at community college for much less. 

direstraits posted:
River Runner posted:

Also, She ultimately had to raise the tuition on her students to help pay off the debt she initiated. Remember Bernie inspiring millions of young supporters with his promise to eliminate their college debt?? His wife’s decision to Hike Tuition in order to pay for the costly campus expansion -- a big factor in the rise of college tuition throughout the country... If I were a Bernie supporter I would have to question his policy proposals in a more complicated light, regarding Free College & relief of debt. Looks like she couldn't get enough of Other Peoples money to pay for her debt/idea's.  On the other hand, her semi-Golden Parachute ($200,000 free money) helped her land comfortably, washing her hands from having to answer any more questions regarding the Schools obligation & responsibility to pay back the loan. Her practice of using someone else's money, didn't work out. Feel sorry for those having to clean up her Mess.

We all probably had to work with someone like her who Didn't Know What the Hell they were Doing...No Structured Details of the Work, Only had good Talking Points. A REAL HOT AIR ARISTOCRAT with Bachelor degree in Social Work, and later Doctrine in Leadership??? (Doctrine was the Mail Order Type, anyone could get for a fee)

Total Financial Mismanagement should be her New Doctrine going forward... 

I counted about four majors that might yield a decent income. One included woodworking. I hope the teacher was better than Bernie, who was once described as a lousy carpenter.  However, I suspect one could learn the same skills at community college for much less. 

Burlington.  Isn't that the college where they make coats?

 

budsfarm posted:
direstraits posted:
River Runner posted:

Also, She ultimately had to raise the tuition on her students to help pay off the debt she initiated. Remember Bernie inspiring millions of young supporters with his promise to eliminate their college debt?? His wife’s decision to Hike Tuition in order to pay for the costly campus expansion -- a big factor in the rise of college tuition throughout the country... If I were a Bernie supporter I would have to question his policy proposals in a more complicated light, regarding Free College & relief of debt. Looks like she couldn't get enough of Other Peoples money to pay for her debt/idea's.  On the other hand, her semi-Golden Parachute ($200,000 free money) helped her land comfortably, washing her hands from having to answer any more questions regarding the Schools obligation & responsibility to pay back the loan. Her practice of using someone else's money, didn't work out. Feel sorry for those having to clean up her Mess.

We all probably had to work with someone like her who Didn't Know What the Hell they were Doing...No Structured Details of the Work, Only had good Talking Points. A REAL HOT AIR ARISTOCRAT with Bachelor degree in Social Work, and later Doctrine in Leadership??? (Doctrine was the Mail Order Type, anyone could get for a fee)

Total Financial Mismanagement should be her New Doctrine going forward... 

I counted about four majors that might yield a decent income. One included woodworking. I hope the teacher was better than Bernie, who was once described as a lousy carpenter.  However, I suspect one could learn the same skills at community college for much less. 

Burlington.  Isn't that the college where they make coats?

 

Yep, they have a factory on campus.

Last edited by Bestworking

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