Overview
Milton College was a private college located in Milton, Wisconsin. Founded in 1844 as the Milton Academy, it closed in 1982. Its campus is now part of the Milton Historic District.
History
The college was founded as the Milton Academy (high school) by a group of early Milton settlers, including Milton House owner Joseph Goodrich. It eventually grew to encompass sixteen buildings spread over . Its music department was renowned, and a high percentage of foreign students for the era kept the student body diverse. Although initially many of the students came from Milton, in later years alumni of the college would stay in Milton or return.
Closing
On May 15, 1982, Milton College abruptly closed its doors. At the time, it was Wisconsin's oldest continually operating college. The college's board of trustees had voted 18-2 to close the campus following a notification from the North Central Association of Colleges and Schools that the college's accreditation would be dropped in the fall term; it had previously been on probationary status. The decision from North Central stemmed from the college's continually shaky financial situation, which culminated in a $4 million debt. Milton College had been struggling financially since the Great Depression, 50 years earlier. Without accreditation, the college would not have seen any federal loans or grants, adding to an already difficult situation of decreasing student enrollment. Furthermore, it would have no longer been able to compete with schools in the Wisconsin State University System.
Some 135 students had been planning to come back to campus when the school closed, many with only a few credits left until completion of their studies. Officials negotiated with other campuses to accept Milton students.
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