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College and University Discussion
Reply to "Sweet Briar College - closing!"
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[quote=Anonymous][quote=Anonymous]Why not buy Chatham hall and move it's campus to sweet briar. [/quote] These things aren't terribly easy. Chatham Hall may have received gifts tied to campus buildings and uses that bind them to their current facilities. Chatham Hall might not have enough cash to cover the operating costs of SBC's very costly campus . The articles of either or both of CH and/or SBC might make it difficult, if not impossible, to engage in any transaction of that type. CH might not be anywhere near large enough to occupy -- and pay for -- SBC's campus. CH has not even multiple hundreds of students. SBC had, at peak, over 800. CH and SBC also might not be able to obtain permission from their lenders for any transaction of this nature unless all of their total aggregated debt were to be paid off. [/quote]
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