[Alumni-chat] does Toni speak truth?

[J. David Coldren]

The first part of my message asked:

=================================
Do you have at hand the 'subsidized' cost per student as a percent of FTE at
Antioch over the past three or four years vs. our 'sister' schools such as
Oberlin, Reed, Bennington, Goddard, etc.?
=================================

If you don't I understand, although I would have thought such an analysis
would have been part of the massive research that has been undertaken to
understand Antioch's financial situation.

I am not adverse to an affordable level of scholarships. And for that we
need larger endowment. No question about it. On the other hand, Antioch has
always --in my experience -- been worth much more than the tuition. When
students had co-op jobs that paid actual salaries in public and private
enterprises, the experience was usually terrific but the added income helped
offset some of the tuition, board, and room costs. The CG experience ought
to be worth far more than whatever a student pays in CG fees. The close
collaboration with the Yellow Springs community--in the performing arts
programs in particular--gave students far more opportunities for growth and
artistic experiences than could ever obtain in a more traditional closed
campus liberal arts college. In summary, the Antioch Adventure, properly
executed by trustees, administrators, faculty, staff, and students, is far
greater than the sum of each part's cost.

So the underlying question is: Does the current balance of subsidized
tuition vs. fully- or substantially-paid tuitions make for a sustainable
financial future for the College.


J. David Coldren '65





-----Original Message-----
From: alumni-chat-bounces at w3.antioch.edu
[mailto:alumni-chat-bounces at w3.antioch.edu] On Behalf Of Laura Fathauer
Sent: Tuesday, April 01, 2008 8:28 PM
To: Alumni Chat List
Subject: RE: [Alumni-chat] does Toni speak truth?


--- "J. David Coldren" <jdavid at coldren.net> wrote:

> That might help answer one of Jim Jaffe's questions. We already know about
> our pitiable endowment and successive failures to increase it. One
question
> might legitimately be raised: what has been the strategy in the last
decade,
> say, to reduce the average subsidized cost per student by tailoring a
> program that attracts students who can afford to pay FTE or close to it
or?

J. David-

So, you propose the way to viability is to run a tuition revenue driven
liberal
arts college? One that doesn't offer financial aid to its students? To
compete
in a market with other colleges that -can- offer to the student more then
what
they're paying for, because they're able to 'add value' to their education
through the other revenue sources available?

I prefer the much more relevent question of: what have been the efforts and
successes of the chancellors and the board of this non-profit to strengthen
the
other revenue sources that liberal arts colleges rely upon.

Your answer can be found in the board resolution of June 9th, 2007. 

-laura




 
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