Mount Ida College faculty members said they were “shocked” when the administration sent them emails Friday notifying them the school would close at the end of the spring term because it was tens of millions of dollars in debt.“The faculty had no idea. We should, as a faculty, have been informed of the dire financial situation the college was in,” said a full-time professor, one of several who spoke on the condition that their names be withheld because they fear losing the three months of severance promised, regardless of tenure.