ROYALTON — Vermont Law School officials say a $17 million loan from the federal government is helping the school to restructure debt and invest in a fundamentally different education model in which year-round and online courses offer more flexibility for students.
“The loan itself is less significant than what it’s for,” said Marc Mihaly, who plans to step down as president and dean this summer after five years of service.
While the school has been developing its online offerings for six years, there is now a renewed emphasis on the option, as part of the larger strategy to be more flexible for students.
“Our students may be on a Coast Guard ship. Or running a bank in Ohio,” Mihaly said. “They’re doing all sorts of things. They’re not going to quit their jobs and move their families to Vermont.”