The Sweet Briar alums are a close bunch and they aren’t going to just stand aside and let the demise of their school be a fait accompli.
The fact that this was announced as a done deal without the alums even being made aware that the school is in jeopardy is a red flag.
Again it may all be legitimate, but this is also a method that could hide the personal enrichment of some board members at the expense of the school’s survival. If it was my college I’d want some outside opinion before the current board kills the school.
It was reported last night that SB just received an endowment of $84 million! The president of the school just shrugged and said, “Doesn’t matter, it’s too late.”