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College closes, now campus is for sale
Times Union ^ | Wednesday, July 3, 2019 | Rick Karlin

Posted on 07/07/2019 8:48:47 AM PDT by aMorePerfectUnion

POULTNEY, VT. — For sale: Lightly used college campus complete with Greek revival buildings and a farm, sans livestock. In turnkey move-in condition with a biomass heating system and solar array for electric power.

Price on the 155-acre property is negotiable.

“It’s a beautiful campus. It’s in impeccable shape,” said Tony Blake, a Vermont real estate agent working with the Boston office of the Colliers International to sell the now-empty Green Mountain College.

Citing declining enrollment and rising costs, Green Mountain officials in January said this would be the last year in operation. The school closed in May after its final semester. With about 500 students, a limited endowment and heavy debt load, the school’s trustees said they were simply running out of money... (more at linky)


TOPICS: Education; Miscellaneous
KEYWORDS: college; education; greenmountain; vermont
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To: June2

” I had no idea the usda did mortgages!”

The intention was to provide home funding in rural areas to support agriculture.

The abuse comes when cities expand and former AG areas become bedroom communities. USDA doesn’t react fast enough and entire subdivisions are built and then sold using USDA loans to people who drive 30 miles into work each day.


61 posted on 07/07/2019 2:21:33 PM PDT by Rebelbase
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To: Repeat Offender

Sounds as useful as someone graduating in 1990 with a degree in Soviet Union studies. Oh, wait, they could be a politician today.


62 posted on 07/07/2019 2:24:38 PM PDT by Rebelbase
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To: vette6387

The college had a “Farm”.


63 posted on 07/07/2019 2:25:26 PM PDT by Rebelbase
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To: aMorePerfectUnion
Back in the 90's, Green Mountain was known as the source hub of party drugs in and for western Vermont. It was a party school, and while the VSP and the Poultney "Police" (A night watchman with delusions.), tried to keep a lid on it, NYC dealers ran rings around them.

There was a VSP narc, an impending heart attack with shoulder length hair and a beard, that would hang around downtown, in the village, trying to "infiltrate". It was a joke.

Had a daughter going to Castleton, while I was working at GE, in Rutland. Knew local LEOs.

64 posted on 07/07/2019 2:36:08 PM PDT by jonascord (First rule of the Dunning-Kruger Club is that you do not know you are in the Dunning-Kruger club.)
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To: Rebelbase

I’m sure the progressive dolts in our VT Legislature will cheer when it’s sold to a major firm specializing in marijuana production.


65 posted on 07/07/2019 2:50:30 PM PDT by GreyHoundSailor
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To: Engedi
Want to be it will be a Muslin only college?

Yup!

They'll come down from Colchester and the rest of Chittenden

66 posted on 07/07/2019 3:03:50 PM PDT by Roccus (When you talk to a politician...ANY politician...always say, "Remember Ceausescu")
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To: sparklite2

This looks like a roadmap to underwater, walk-away mortgages.

Rural development loans were certainly part of the mortgage debacle but here in Maine they were a small part compared to the Fannie Mae and Freddie Mac loans that people walked away from.


67 posted on 07/07/2019 3:58:14 PM PDT by Steven Scharf
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To: aMorePerfectUnion

Hillsdale College Vermont branch...


68 posted on 07/07/2019 4:10:21 PM PDT by Deplorable American1776 (Proud to be a DeplorableAmerican with a Deplorable Family...even the dog is, too. :-))
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To: Alberta's Child
Adventure Education?

Resort Management?

About the only interesting studies at that college. Sustainable Business? What is that?!?!

69 posted on 07/07/2019 6:01:17 PM PDT by Deplorable American1776 (Proud to be a DeplorableAmerican with a Deplorable Family...even the dog is, too. :-))
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To: Polyxene

I said that it should be a branch of Hillsdale. Think about a Conservative College in New England...that would be great...


70 posted on 07/07/2019 6:12:50 PM PDT by Deplorable American1776 (Proud to be a DeplorableAmerican with a Deplorable Family...even the dog is, too. :-))
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To: June2

“A relative is trying to sell a house in Illinois. Currently have a contact on the house With the buyer trying to secure a USDA loan. I had no idea the usda did mortgages!

June, this country is off the rails where money is concerned! People in government have no concept of where the money they spend comes from. They talk in the Congress how the only option is to move the debt ceiling and just keep on spending, and we have let them get away with it for all of my neary 80 years! Everything seems to either be on “automatic,” or they simply spend it because if they don’t they won’t get any more.


71 posted on 07/07/2019 6:24:34 PM PDT by vette6387
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To: morphing libertarian

“s the college AOC graduated from still in business?”

No, unfortunately that would be that $hit hole in Boston known as Boston University, where my wife and I pi$$ed away more that $250k on a worthless music degree for our youngest daughter. It’s Dan Rather’s alma mater.


72 posted on 07/07/2019 6:27:10 PM PDT by vette6387
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To: vette6387

The USDA still does home loans in areas which were once farm areas. even though many are built out. There was a map on line where you could check it or put in a zip code. I am 10 years after my experience., That’s all i remember. oh yeah, good rates.


73 posted on 07/07/2019 6:29:11 PM PDT by morphing libertarian ( Use Comey's Report, Indict Hillary now; build Kate's wall. --- Proud Smelly Walmart Deplorable)
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To: vette6387

Texas Dan?


74 posted on 07/07/2019 6:29:44 PM PDT by morphing libertarian ( Use Comey's Report, Indict Hillary now; build Kate's wall. --- Proud Smelly Walmart Deplorable)
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To: Deplorable American1776

Amen to that!!


75 posted on 07/09/2019 9:47:08 AM PDT by Polyxene (Out of the depths I have cried to Thee, O Lord; Lord, hear my voice.)
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