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College debt: School Bernie Sanders' wife once ran is forced to shut down

Burlington College, crushed beneath weight of the property purchase made in 2010 while Jane Sanders was college president, will close at the end of May.
Democratic presidential candidate Sen. Bernie Sanders (D-VT) and his wife Jane attend a campaign rally at the United Palace on April 9, 2016 in the Brooklyn borough of New York City. (Photo by Eric Thayer/Getty)
Democratic presidential candidate Sen. Bernie Sanders (D-VT) and his wife Jane attend a campaign rally at the United Palace on April 9, 2016 in the Brooklyn borough of New York City.

The tiny Vermont college that Bernie Sanders' wife used to run is going out of business — done-in by a $10 million real estate deal that she spearheaded.