Current:Home > ScamsVermont’s Goddard College to close after years of declining enrollment and financial struggles -Wealthify
Vermont’s Goddard College to close after years of declining enrollment and financial struggles
View
Date:2025-04-16 18:34:53
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! (65764)
Related
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Ex-Illinois deputy shot Sonya Massey out of fear for his life, sheriff's report says
- Indiana’s completion of a 16-year highway extension project is a ‘historic milestone,’ governor says
- 9 dead, 1 injured after SUV crashes into Palm Beach County, Florida canal
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Texas man to be executed for strangling mother of 3 says it's 'something I couldn't help'
- As the Paris Olympics wind down, Los Angeles swings into planning for 2028
- Gabby Thomas wins gold in 200, leading American track stars in final at Paris Olympics
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Billy Ray Cyrus and Firerose finalize divorce after abuse claims, leaked audio
Ranking
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Federal appeals court upholds Maryland’s ban on assault-style weapons
- Spain vs. Brazil highlights: Brazil holds off comeback, will play for Olympic gold
- Victory! White Sox finally snap 21-game losing streak, longest in AL history
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Road Trip
- Where JoJo Siwa Stands With Candace Cameron Bure After Public Feud
- Tropical Storm Debby swirls over Atlantic, expected to again douse the Carolinas before moving north
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
2024 Olympics: Michael Phelps Pretty Disappointed in Team USA Men's Swimming Results
Family of 4 from Texas missing after boat capsizes off Alaska coast; search suspended
What Lauren Lolo Wood Learned from Chanel West Coast About Cohosting Ridiculousness
Senate begins final push to expand Social Security benefits for millions of people
PHOTO COLLECTION: AP Top Photos of the Day Tuesday August 6, 2024
49-year-old skateboarder Dallas Oberholzer makes mom proud at Paris Olympics
Ex-Illinois deputy shot Sonya Massey out of fear for his life, sheriff's report says