Valuable Insights From Those Involved Amongst Closing Colleges
Friday, January 6, 2017
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Rick Seltzer's article for Inside Higher Ed, "Closing Out a College," provides a detailed in addition to valuable await at several institutions in addition to the difficulties their trustees in addition to staff faced every bit they prepared for closure. Seltzer focused on 3 institutions. Two accept closed, Virginia Intermont College in addition to Dowling College. And piece the details of the almost closure in addition to rebirth of the tertiary establishment accept been widely covered, I appreciated the insights of MD Phillip Stone, Sweet Briar's president, every bit he reflected on their unique situation.
The article's comment department likewise included several of import notes clarifying why struggling independent colleges are no longer able to reorganize using the bankruptcy protection of the courts. Michael Goldstein included a link to an article, "Bankruptcy Benefits," that he co-authored on the theme for the September / Oct 2016 outcome of AGB's Trusteeship magazine.