2016 Postmortem
In reply to the discussion: Too bad that Hillary fucked over the org she went under cover for. They disavowed her. [View all]pnwmom
(108,980 posts)This is about the loans she applied for, under the pretense that they had received millions in pledges (that was actually a promised bequest for some unknown time in the future)
http://vtdigger.org/2015/09/13/jane-sanders-overstated-donation-amounts-in-loan-application-for-burlington-college/
Former Burlington College president Jane Sanders overstated donation amounts in a bank application for a $6.7 million loan that was used by the college to purchase a prime 33-acre property on Lake Champlain in 2010.
Sanders told Peoples United Bank that the college had $2.6 million in pledged donations to support the purchase of the former Roman Catholic Diocese of Burlington property on North Avenue. The college, however, received only $676,000 in actual donations from 2010 through 2014, according to figures provided by Burlington College.
Thats far less than the $5 million Sanders listed as likely pledges in the loan agreement, and less than a third of the $2.14 million Sanders had promised Peoples Bank the college would collect in cash during the four-year period.
SNIP
Burlington College also cited a $1 million bequest as a pledged donation that would be paid out over six years, even though the money would only be available after the donors death.
SnIP
Sanders, wife of Sen. Bernie Sanders, I-Vt., who is now running for president, resigned under pressure from the Burlington College board of trustees nearly a year after obtaining the multi-million dollar loan. After both sides lawyered up, the board gave Sanders the title of president emeritus and a $200,000 severance package. Sanders was president of Burlington College from 2004 to 2011.
She got her PhD in 2000, and her College President job in 2004. In between, the PhD program she was in at the Union Institute lost its accreditation from Ohio.
Sanders phd
http://www.democraticunderground.com/10026765394
In all aspects of her career, Dr. Jane OMeara Sanders has focused on transformational leadership and social change, choosing opportunities to make a real difference in her community.
Dr. Sanders earned her Ph.D. with a concentration in leadership and policy studies from Union Institute & University in 2000. She also attended Harvard Universitys Institute for Educational Management and Presidents Seminar.
In 2004, she accepted the position as president of Burlington College where she expanded the colleges social and economic involvement in the community and stressed the need for students to graduate as engaged citizens. Under her leadership, the college developed nine new undergraduate majors, and moved to a higher degree institution by establishing four Bachelor of Fine Arts degrees and an Individualized Masters Degree program. As part of her legacy, the college developed partnerships with Vermont Law School, the Vermont Woodworking School, University of Havana in Cuba and established an Institute for Civic Engagement.
http://www.signorile.com/2011/07/what-kind-of-doctor-is-marcus-bachmann.html
The Union Institute's Ph.D. program came under scrutiny by the Ohio Board of Regents in the late 1990s, early 2000s which culminated in its 2002 Reauthorization Report. The report was critical of the Union Institute's Ph.D. program, noting in particular that " ... expectations for student scholarship at the doctoral level were not as rigorous as is common for doctoral work ... " (OBR 2002 Reauthorization Report, page 13) As a result, The Union was put on probation, the Union Graduate School was dissolved and the Ph.D. program was restructured.
The Union Institute no longer offers PhDs in Jane Sanders field.
And here is a link to the article in which a Trustee says the college hired her for President in part due to her connection with Bernie:
http://www.sevendaysvt.com/vermont/jane-says-sanders-secret-weapon-or-a-political-liability/Content?oid=2670992
Burlington activist Robin Lloyd, who served on the board, says she supported O'Meara Sanders' hiring, in part, because, "We felt that her connection with Bernie would be helpful, certainly in terms of fundraising." But when the college had to come up with the cash to make its payments, O'Meara Sanders didn't pull through, she says.
"She was very confident and gave good presentations to the board, but, frankly, she didn't raise money," Lloyd says.