Current:Home > NewsVermont’s Goddard College to close after years of declining enrollment and financial struggles -Mastery Money Tools
Vermont’s Goddard College to close after years of declining enrollment and financial struggles
View
Date:2025-04-15 09:06:40
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! (8)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Is it a good idea to have a Roth 401(k)? Why it may be better than a Roth IRA, for some.
- 'Netflix houses', where fans can immerse themselves in their favorite shows, will open in US by 2025
- Women’s voices being heard at Vatican’s big meeting on church’s future, nun says
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Northwestern St-SE Louisiana game moved up for Caldwell’s funeral
- Saturday Night Live Tackles Joe Alwyn and Matty Healy in Taylor Swift-Travis Kelce Sketch
- Italy approves 24 billion-euro budget that aims to boost household spending and births
- Military service academies see drop in reported sexual assaults after alarming surge
- Athlete-mothers juggle priorities as they prepare to compete at the Pan American Games in Chile
Ranking
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Judge to hear arguments on proposed Trump gag order in Jan. 6 case
- Illinois man killed Muslim boy, 6, in hate crime motivated by Israeli-Hamas war, police say
- Kim Ng, MLB’s 1st female GM, is leaving the Miami Marlins after making the playoffs in 3rd season
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- What is curcumin? Not what you might think.
- Russia waging major new offensive in eastern Ukraine, biggest since last winter
- Louisiana couple gives birth to rare 'spontaneous' identical triplets
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
The Sunday Story: A 15-minute climate solution attracts conspiracies
Robert De Niro Admits Girlfriend Tiffany Chen Does the Heavy Lifting Raising Their Baby Girl
That Mixed Metal Jewelry Trend? Here’s How To Make It Your Own
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Florida Judge Jeffrey Ashton accused of child abuse, Gov. DeSantis exec. order reveals
A Frequent Culprit, China Is Also an Easy Scapegoat
Few Republicans have confidence in elections. It’s a long road for one group trying to change that