Current:Home > ScamsVermont’s Goddard College to close after years of declining enrollment and financial struggles -VitalWealth Strategies
Vermont’s Goddard College to close after years of declining enrollment and financial struggles
View
Date:2025-04-18 05:29:59
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! (41574)
Related
- A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
- Amazon employees who refuse come into workplace 3 days a week can be fired: Report
- Oregon State University gives all clear after alerting bomb threat in food delivery robots
- Next ‘Mission: Impossible’ delayed a year as actors strike drags on
- 'Meet me at the gate': Watch as widow scatters husband's ashes, BASE jumps into canyon
- MLB was right to delay Astros pitcher Bryan Abreu’s suspension – but the process stinks
- China announces the removal of defense minister missing for almost 2 months with little explanation
- Montana man pleads not guilty to charges that he threatened to kill former House Speaker McCarthy
- The GOP and Kansas’ Democratic governor ousted targeted lawmakers in the state’s primary
- Club Q to change location, name after tragic mass shooting
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Giannis Antetokoumpo staying in Milwaukee, agrees to three-year extension with Bucks
- The 49ers are on a losing streak after falling to Vikings in another uncharacteristic performance
- Bond markets are being hit hard — and it's likely to impact you
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Suspect on roof of Wisconsin middle school fatally shot by police
- Britney Spears Details the Heartbreaking Aftermath of Justin Timberlake’s Text Message Breakup
- Jenna Ellis, Trump campaign legal adviser in 2020, pleads guilty in Georgia election case
Recommendation
Police remove gator from pool in North Carolina town: Watch video of 'arrest'
Authorities find getaway car used by 4 inmates who escaped Georgia jail, offer $73,000 reward
Delay in possible Israel ground assault provides troops with better prep, experts say
Georgia Supreme Court sends abortion law challenge back to lower court, leaving access unchanged
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Georgia prosecutors are picking up cooperators in Trump election case. Will it matter?
Britney Spears says Madonna pulled her through dark times with 'strength I needed to see'
Minnesota judge, in rare move, rejects guilty plea that would have spared man of prison time