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BENNINGTON — Financial issues posing a threat to accreditation renewal for Southern Vermont College are being blamed in large part on a sharp enrollment decline several years ago from which the college has yet to recover.

SVC was asked this week to attend a show-cause hearing on whether the school should be placed on probation for failing to meet a standard for accreditation related to financial stability.

The New England Commission of Higher Education, which is considering periodic renewal of the accreditation status, voted Jan.

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