I am more than a little disappointed that continued financial exigency is a part of the agreement. The original declaration of financial exigency was based on (a) rapidly declining enrollments (in which the
Board played a major role), (b) large deficits (made larger by Board policy with regard to depreciation and COLLEGE endowment growth), (c) projected continuing decline in enrollment and revenue (cast as pessimistically as possible), and (d) cash flow problems. Continue reading Letter from Bob Devine ’67
Tag: budget
Letter from Mary L. McCubbin ’75
I’m probably the only student who saw Antioch president James Dixon (who started the off-campus centers that became elements of Antioch University) walk to and from the main building to fire then chancellor F.X. Shea in 1975. Students, concerned alumni, and faculty appealed to the trustees who met in the Antioch Inn dining room and decided to fire Dr. Dixon and reinstate Dr. Shea
Letter from Louise Smith, ‘77 Professor of Theater and alumna
“I’ve always depended on the kindness of strangers.”
-Blanche Dubois
Since the announcement that we have been given a reprieve from suspension, the theater department has been immersed and focused on the opening of “A Streetcar Named Desire†by Tennessee Williams. All term, I have been struck with the resonances between the play and our situation here. It started when John Fleming, the director, put out audition notices in which he crossed out the word ‘Streetcar†and wrote the word “College†so that the poster read “ A College named Desireâ€. Continue reading Letter from Louise Smith, ‘77 Professor of Theater and alumna
Letter from Joni Rabinowitz ’64
To the Editor,
My feelings about the current state of affairs are very mixed. I applaud all the people – on both boards and those on no board – for their tireless labors of love and generous contributions, to bring us to this point.
On the other hand, I’m very suspicious. The same people seem to still be in charge. The same ones who have ripped us off for years. I see people who don’t identify with our traditions, and who want to destroy the college, still holding the bulk of the power. Continue reading Letter from Joni Rabinowitz ’64
The Road to Financial Exigency
Research: Kim-Jenna Jurriaans & Brian Springer
“Based on projections of enrollment, if we would have gone beyond the next year, there weren’t going to be more resources to cover expenses.” So says Antioch University CFO Thomas Faecke, in response to the question what his personal reason was to support the suspension of operations at Antioch college in 2008. “There was a fear that the university would become insolvent and that was primarily because of the deficit of the college,” he adds. Presented with this scenario, on June 9th, the vast majority of the members of the University Board of Trustees voted to suspend operations at the 155-year-old college.
“I think in the early 90s, it wouldn’t have occurred to anyone to close the college and keep the university open,” says Ann Filemyr, a former journalism professor, interim Dean of faculty and serving vice president at the college until 2005. “At that time, the college was clearly considered as the center of Antioch University.”