President Josiah Bunting III leaving for Hampden-Sydney College in spring 1977 contributed to the problems the college was having. Rather than continue to struggle, the college's trustees voted to sell the campus to Pace University, a New York City-based institution.
The decision of President Josiah Bunting III to leave Hampden-Sydney College in spring 1977 had significant consequences for the institution. Rather than continue to face difficulties, the college's trustees opted to sell the campus to Pace University, a prominent educational institution with a strong presence in New York City.