[Alumni-chat] Antioch future vision

[Mark Pomerantz]

If you look at those top 49 liberal arts colleges many of them have
endowments over $500,000,000 and student bodies of over 1,000. That's how
they can afford those subsidies. The plan for 800 students by 2000 didn't
happen. That's why the BOT instituted the Renewal Plan. 

Mark P. '71

-----Original Message-----
From: alumni-chat-bounces at w3.antioch.edu
[mailto:alumni-chat-bounces at w3.antioch.edu] On Behalf Of Laura Fathauer
Sent: Wednesday, November 07, 2007 1:40 PM
To: Alumni Chat List
Subject: Re: [Alumni-chat] Antioch future vision


As for relying on student tuition revenue to support
the program, in a study done in 2001, the top 49
liberal arts colleges ALL 'subsidized' their student
tuition from other sources. The average was about $13K
per STUDENT in subsidized revenue; i.e. on average it
cost $13K more per student to educate them then what
was paid in tuition, a cost that had to be funded from
other sources. Antioch College being low on sources to
'subsidize' the cost per student (small endowment,
heavy reliance on yearly gifts), was dealt a death
blow when the amount required as a 'subsidy'
drastically increased with the poorly thought out
decision to change the curriculum. 


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