“Dark and difficult times lie ahead. Soon we must all face the choice between what is right and what is easy”-Albus Dumbledore The www.recordonline.orgRecord Volume 63 Issue 10 Thursday, October 25th 2007 Inside The Road to Financial Exigency By Kim-Jenna Jurriaans at for 15 years. “I think it’s incredibly late 2001. “I’m just comparing it to old Homecoming Research: short sighted.” she says. “Antioch’s Motown Records contracts. The artist Kim-Jenna Jurriaans reputation nationally is totally built made nothing. Well, Antioch College is “It’s the organic brainchild of Brian Springer on Antioch College. I talked to people the artist and I think that the funds that forums and email lists. It’s Re- “Based on projections of enrollment, here in the education world and for all come in should help support this col- union 2.0. And it’s officially they know, Antioch is closing. I think lege and the plant that goes along with if we would have gone beyond the next the university will suffer. I think the it.” starting on campus today.” p.5 year, there weren’t going to be more short term gain of closing the college Stewart, herself a proud graduate of resources to cover expenses,” says An- does not serve the long term reputation the masters program at Antioch Mc- tioch University CFO Thomas Faecke, of Antioch University.” Gregor, points to a number of admin- University History in response to the question what his istrative measures and a general shift in Antioch Diaspora recounted in personal reason was to support the sus- pension of operations at Antioch col- “I think in the early 90s, board culture in regard to the college as our centerfold, from the Putney lege in 2008. “There was a fear that the it wouldn’t have occurred major contributors to the current crisis. School of 1963 to today One of these measures was the choice university would become insolvent and to anyone to close the col- to book depreciation–the decrease of that was primarily because of the deficit the value of your assets as they get used of the college,” he adds. Presented with lege and keep the university up over time–at the central units in 2001 Admissions Target this scenario, on June 9th, the vast ma- open” instead of maintaining it as a liability in Were the expectations met at jority of the members of the University Board of voted to suspend operations at the University’s budget. Glenn Watts, the June 6th Board meeting? Filemyr was on campus in a period CFO for the University at that time the 155-year-old college. when the college for the first time in What information did the board was not available for comment, as he “I think in the early 90s, it wouldn’t years had two balanced budgets in a is currently out of the country. Accord- have on enrollment? Find out have occurred to anyone to close the row, 1998 and 1999, both in the accrued college and keep the university open,” ing to accounting guidelines FSBA 93, the truth about enrollment tar- and cash budget, and witnessed steady “depreciation needs to be booked gen- says Ann Filemyr, a former journalism enrolment growth between 1996 and gets on p.9 erally,” says Virginia Dowse, Director professor, interim Dean of faculty and 2002. “I think we did some good work of finance and budget for Antioch Uni- serving vice president at the college un- in that period and as an institution we til 2005. “At that time, the college was versity, “it doesn’t say that you need to Faculty lawsuit had a lot of energy,” recalls Filemyr. book it at the campus in particular, no.” clearly considered as the center of An- Yet, five years later the alumni of An As all major assets of the university are What’s the status of the faculty tioch University.” tioch College are fighting to safe their located at the college campus–an as- lawsuit? How will this week- Like many affiliated with Antioch Col- school from being closed by its board. set of the university–the college gets lege, Filemyr, now Dean of Academics “They got a really bad record deal,” end’s decision affect the suit? an additional average of $ 1.48 million at the American Institute of Indian Arts says Barbara Stewart, CFO for Spring- in paper expense booked to its accrual An update with Pete Townsend in Santa Fe, was stunned when earlier field Metropolitan Housing and last budget, annually. on p.5 this summer she heard about the vote Dean of Finance at Antioch College, a Continued on p.4 to close the institution she had worked position lost in consolidation efforts in Antioch & Revival 101 Ladies and Gentlemen of the Jury, How Say You? Get a crash course on Antioch By Eva Erickson and Alaa Jahshan “We have crafted a comprehensive History on p.11 and refresh This weekend, the future of An- business and fundraising plan that is tioch College is sitting in the hot seat very workable. The BOT proclaims to your memory on the Revival of a court room. Antiochians, Yellow be very pleased with it. We have an on p.7 Springers, Alumni, members of the admissions plan that goes until 2014, Board of Trustees (BOT), and many re- information on a physical plan and a porters with pen at hand have come to proposed governance plan,” lists Chris- witness a decision that could be either tian Feuerstein ’94, Alumni Board McGregor Organizing a death sentence or an Antiochian Re- Communications Chair. All of this can Students at Antioch University naissance. be found in draft form on the alumni No one, not even BOT members, website, www.antiochians.org. “I per- McGregor have projects for a knows what the decision will be, yet sonally feel as though we’ve just com- student government. Find out everyone has strong feelings about the pleted the most intense co-op of our more on p.6 outcome. Some people think that the lives. We’re all doing this on top of our Board’s decision to close is unlikely day jobs.” to be reversed. Others believe that the The community has also been keeping Board will keep the college open. Gina itself busy. Some of their many efforts Do you recognize this Potestio, a first year, is, “trying to stay include: creating and voting on the two faculty member? optimistic, and hearing the feedback referenda, erecting “Save Antioch, Save from the upper-level students saying and know how any plan will actually Yellow Springs” signs, and encourag- it’s going to close is a little hurtful af- play out. We’ll have the balance the ing students to vote for town council ter seeing … what everyone’s doing risk of ‘suspended operations’ against members whose campaigns deal with for us.” Many students are in denial the risk of letting the Alumni Plan have keeping the college alive. Students and about the possibility of Antioch clos- a chance.” community members also created the ing. “I just really didn’t want to think As of October 23, the fundraising to- “Non-Stop Antioch” campaign, which about [the closing],” explains James tal from the Alumni Board is above $16 includes “Horrace’s Army” meetings Kutil, a second year student, “so, I’ve million in cash and pledges, according that encourage students to take action kind of been in a numb panic, because to Rick Daily. “We’ve only scratched in areas such as media attention, legal the school closing means a lot to me.” the surface,” he remarks. Given the action, planning community events, There is still a gut feeling that the col- short amount of time, he continues, it’s and rejuvenating Antioch Independent lege just can’t close. incredible that we’ve raised so much Media Arts Collective (AIMAC). “Every member of the Board would money. “Most everyone wants to keep An- love to see a successful plan,” states Along with fundraising, alumni have tioch College open,” insures Feuer- Kenneth Friedman, BOT member. “No been bringing Antioch into the media, stein. “All of us have come together one wants a plan that will be impos- getting in touch with disconnected saying ‘it doesn’t f**ing matter, it’s got Find out who she is on p.21 sible to realize and only be a set-up for alumni, and finding board members to stay open.” disappointment and failure. And, of for a future Antioch College Board of course, none of us can see the future Trustees. Editors Editorials Kim-Jenna Jurriaans Jeanne Kay more than friends; to busy bees who helped me get The issue that lies in front of you holds the anticipations through hours of interviews, dug up files, pulled to- Our Beloved Staff of its creators that will go into this weekend knowing gether charts, explained ad nauseam the concept of Sally Alper they’ll have a couple more grey hairs to match some depreciation, opened their house to me, made tea and Culinary Expert of our visitors. It was done under extraordinary strain, peeled apples, went on endless coffee runs and stayed Alex Borowicz in a week that most of our staff are writing mid term awake all night to make this happen. Reporter/Photographer papers, while reporting around the clock and spend- While we are awaiting a magnum opus from you, ing restless nights in the Record office in order to take dear Trustees, here is ours. Sarah Buckingham Reporter some weight off the editors’ shoulders.