Current:Home > InvestVermont’s Goddard College to close after years of declining enrollment and financial struggles -Legacy Profit Partners
Vermont’s Goddard College to close after years of declining enrollment and financial struggles
View
Date:2025-04-17 23:53:15
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! (2779)
Related
- Rylee Arnold Shares a Long
- What Happened to Kevin Costner’s Yellowstone Character? John Dutton’s Fate Revealed
- Wisconsin’s high court to hear oral arguments on whether an 1849 abortion ban remains valid
- Kalen DeBoer, Jalen Milroe save Alabama football season, as LSU's Brian Kelly goes splat
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- 25 monkeys caught but more still missing after escape from research facility in SC
- Georgia's humbling loss to Mississippi leads college football winners and losers for Week 11
- Brianna LaPaglia Reacts to Rumors Dave Portnoy Paid Her $10 Million for a Zach Bryan Tell-All
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Stock market today: Asian stocks decline as China stimulus plan disappoints markets
Ranking
- Trump's 'stop
- Joey Logano wins Phoenix finale for 3rd NASCAR Cup championship in 1-2 finish for Team Penske
- Young Black and Latino men say they chose Trump because of the economy and jobs. Here’s how and why
- Lala Kent Swears by This Virgo-Approved Accessory and Shares Why Stassi Schroeder Inspires Her Fall Style
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Singles' Day vs. Black Friday: Which Has the Best Deals for Smart Shoppers?
- Engines on 1.4 million Honda vehicles might fail, so US regulators open an investigation
- Round 2 in the Trump-vs-Mexico matchup looks ominous for Mexico
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
‘I got my life back.’ Veterans with PTSD making progress thanks to service dog program
One person is dead after a shooting at Tuskegee University
Tony Todd, star of 'Candyman,' 'Final Destination,' dies at 69
Why members of two of EPA's influential science advisory committees were let go
25 monkeys caught but more still missing after escape from research facility in SC
Who's hosting 'SNL' tonight? Musical guest, start time, where to watch Nov. 9 episode
RHOBH's Kyle Richards Shares Reaction to BFF Teddi Mellencamp's Divorce