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http://www.burlingtonfreepress.com/story/news/local/2016/05/16/burlington-college-shut-down-programs/84439890/

Founded in 1972 as an informal gathering of students, Burlington College grew into a small, regionally accredited liberal arts college. But financial strain and academic probation created by an ambitious but ill-fated expansion under then-President Jane Sanders onto a new campus on prime waterfront land led to the school's demise, officials said.
This, from the wife of a man who wants to make college free for everyone.
 
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