The Real Story Behind the Sweet Briar Closing: Disney America is Back.

by

School of Athens

Sweet Briar The decision by the Board of Directors to immediately close Sweet Briar College despite the college still having approximately $90 million dollars in the endowment and a positive asset to debt ratio seems simply bizarre. While the historic college might be losing a little money during the economic downturn, the endowment is designed to keep things going during the lean years and seems to have ample funds. Yet the swift decision to immediately close and the secrecy surrounding the Board’s processes seem odd to say the least, especially considering that the money to save the school appears to be available with the website savingsweetbriar.com already raising over $16 million with simple social media networking. Now, to be fair, the Board has painted a bleak picture for the economic future of the school, and some claim that this is a national problem. However, this doesn’t explain the immediacy of the…

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