Monday, June 22, 2015

Virginia Judge Approves Deal to Keep Sweet Briar College Open

New York Times
June 22nd, 2015

A circuit court judge in Virginia on Monday approved a settlement that will allow Sweet Briar College to remain open for at least another academic year, as an alumnae group called on students and faculty to return to the financially troubled women’s college in rural Virginia.
The settlement, brokered over the weekend by Attorney General Mark Herring of Virginia, will bring new leadership to the college and requires the alumnae group, Saving Sweet Briar Inc., to donate $12 million to keep it open.
But in a statement issued Monday after the ruling by Judge James W. Updike Jr. of the Bedford County Court, the alumnae group acknowledged that many significant questions remain, including how many students will return, what courses will be offered “given the uncertain number of remaining faculty,” and whether “terms of financial aid packages previously offered will remain unchanged.”

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