Sounding more like news from the U.S. auto industry than from higher ed, Antioch College announced that its main undergraduate college would close up shop July 2008 because of dwindling enrollment and falling revenues, the Dayton Daily News reports.
At its height in the 1960s, the small, private liberal arts college enrolled around 2,000 students but currently houses only 400 in its undergraduate program. That combined with lackluster fundraising has limited the school's ability to modernize its campus, which happens to be another obstacle to increasing enrollment. A photograph of Antioch College can now be placed next to the dictionary entry for "vicious cycle."
School officials hope to reopen a new and improved campus in 2012, but in the meantime, dozens of faculty members and hundreds of students will be left behind in the Ohio cold. —Alison Go