tag:blogger.com,1999:blog-998936422915177299.post7479796022528775758..comments2024-03-18T13:17:32.874-05:00Comments on Rensselaer Adventures: The last oneDessert Survivorhttp://www.blogger.com/profile/04616064444288249273noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-998936422915177299.post-46183051129412651352017-03-25T09:19:15.588-05:002017-03-25T09:19:15.588-05:00I'm curious how selling the parts would work, ...I'm curious how selling the parts would work, given that the power and water for all the buildings is controlled from a central location. My understanding on the change of heart of some board members is that they were presented wrong information at that February meeting. They were told that retaining St. E would be enough to retain accreditation; they were wrong. They were told HLC accreditation could be pulled mid-year; they were wrong. Now it appears SJC is going to miss the "going concern" from auditors that would prevent them from giving federal funds. Shocking that a group of people responsible for running a university didn't know these things.<br /><br />Question from your perspective, given your expertise: SJC has already ceased payments to Farm Credit, and everything the college has is collateralized. Would the alumni and those wishing to save the college be better off negotiating with Farm Credit? Seems if they seize the assets and the alumni are able to purchase the school, then they get it without Sponseller and Pastor and such.Anonymousnoreply@blogger.com