[Alumni-chat] A Case for Closing

[Matthew Arnold]

Jim, if we had the slightest reason to believe the people running this clown show -- the board of trustees and, more importantly, the University leadership, to which they seem to defer on all decision-making -- were acting in good faith, then that option would be more palatable. As they seem not to be acting in good faith, but rather trying to raze the College, salt the earth it stands on, hollow out all but a hull of the brand and pour something like the antithesis of its values and legacy back into it, closing the College is not an option for many of us. We all know the College has a deeply flawed, possibly untenable business model -- operating pretty much as it's supposed to, it loses money and doesn't have the customary $500 million endowment to make up for it. But it has also suffered, in the short term, from awful stewardship. We can argue all day about which proportions of those two factors led us to this point (and in fact, we've been arguing
 about it on this list for months now), but as long as those same awful stewards are on the job, we can be sure that nothing resembling the College that gave us such fine educations could ever rise from the ashes of Antioch 2008 in 2012, and Horace Mann will be spinning so furiously in his grave he'll have splinters in his ass. 





       
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