Bernie and Jane Sanders, under FBI investigation for bank fraud, hire lawyers

[QC]

123. One would also think that it's highly unusual for small liberal arts

colleges to close, from some of the commentary here.

I work in higher ed, so I follow the the Chronicle and IHE closely, and a lot of colleges like Burlington are circling the drain now. They're too expensive to run, church schools now get less money from their denominations than before, students are now more concerned about cost and debt and want more "practical" degrees, etc.

Some of those troubled colleges look at the numbers, decide that the jig is up, and announce that they are closing and will help place their students in nearby colleges. Others roll the dice on things like new facilities. Burlington chose the latter and came up snake eyes. If the gamble had worked, they would be a success story and a model for other struggling colleges.

If there's wrongdoing it needs to be punished, but the glee here is unseemly, if totally unsurprising.