The last bit of Mt. Ida College in Newton that still exists is a $2.5-million fund meant to pay off creditors following its purchase by UMass Amherst in 2018 that the fund's trustee can't close out because Mt. Ida's last president says he's owed a severance payment that UMass doesn't want to pay. Read more.
Mount Ida College
For the second time, a federal court has ruled that Mt. Ida College owes students nothing for the way it suddenly shut down, not even those who were screwed because the closure didn't leave them enough time to find placement at a different school. Read more.
Students at Mount Ida College may have been caught by surprise when the school suddenly shut last year, but they shouldn't have been and officials at the Newton school did nothing legally wrong in closing the school and selling its campus to UMass Amherst, a federal judge ruled yesterday in dismissing a suit by three students who sought damages for the sudden change in their educational careers. Read more.