Sen. Bernie Sanders’ wife, Jane Sanders, played a big role in the demise of a Vermont college that went belly up shortly after she made a huge financial move while she was its president.
As the head of the college in 2010, she orchestrated the purchase of 33 acres of lakefront property on Lake Champlain for $10 million. The tiny college had only 200 students at the time, but Sanders said the huge debt — $6.5 million — could be covered by expanded enrollment and new donations.
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