Episode
Vermont Diocese’s School Sale Under Fire | Burlington News
- Published
- Sep 3, 2026
- Duration seconds
- 90
- Processing state
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- https://sources.thednn.ai/00e27146e81b24ea
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Summary
A Vermont Catholic diocese is facing legal scrutiny as it attempts to sell its flagship high school, Rice Memorial, for just $4.3 million—far below a $30+ million appraisal. The judge questions whether the diocese is doing enough to maximize value for creditors during bankruptcy, especially since the school is being offered to a nonprofit tied to its current board, which claims a public auction would hurt enrollment and cost more in broker fees. Critics, including clergy abuse claimants, argue an open market sale would yield far more revenue for victims’ settlements. The judge has ordered further evidence and another hearing, while the diocese has already sold other properties for millions, raising eyebrows over the school’s undervalued offer. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/00e27146e81b24ea