“what did yellow springs news report about the higher learning commission alerting antioch college to financial distress”
In late November 2024, the Higher Learning Commission assigned Antioch College a “financial distress designation,” citing 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 endowment borrowings. The Higher Learning Commission alerts Antioch College to 'financial distress' article notes the college remains accredited while it prepares for a February 2025 advisory visit. President Jane Fernandes said the designation was not a surprise and pointed to cost-cutting measures and the SEE Plan, which includes selling campus properties. The news was delayed to students and alumni until January, while at least one student who shared the notice expressed fears that “all signs point to a closure.”