“what did yellow springs news report about higher learning commission financial distress at antioch college”
The Higher Learning Commission alerts Antioch College to ‘financial distress’ reported that HLC assigned the college a “financial distress designation” in late November 2024. The action followed a 2023 audit that raised “substantial doubt about its ability to continue as a going concern” due to significant decreases in net assets and reliance on contributions and endowment borrowings. The college remains accredited while it addresses the findings, and an HLC advisory visit was scheduled for February 2025. President Jane Fernandes told the News the designation was expected and that the college had already prepared its strategic report for the visit. The article also noted that students were not formally notified until January, and one student who shared the notice with the paper expressed fears that “all signs point to a closure,” which Fernandes disputed.