Local universities with steep debt search for path forward

Many Ohio universities — Wittenberg, Central State, Antioch and more — are navigating what’s become a nationwide challenge: juggling financial troubles while continuing to educate students.

Many Ohio universities — Wittenberg, Central State, Antioch and more — are navigating what’s become a nationwide challenge: juggling financial troubles while continuing to educate students.

The News spoke this week with Antioch College President Jane Fernandes, who said of the designation: “It’s information that we have some financial work to do — that our financials are not just flowing, and now we have to make them work.”
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2024's top stories in Yellow Springs: Low-income housing dominates local discourse, new apartments coming to Antioch College, locals protest firing at Wellness Center, March homicide claims local life and village home raided for marijuana.
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November 25, 2024 designation notice from the Higher Learning Commission (HLC) placing Antioch College on Financial Distress. HLC based the designation on information from a complaint indicating that the institution’s auditors made a going concern audit finding, as well as broader concerns about the institution’s finances. Antioch College remains accredited pending an advisory visit in…
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Tentatively dubbed “Unity Village” by Columbus-based real estate developer Windsor Companies, the planned buildings will be composed of 32 two-bedroom and 96 one-bedroom units — 128 in total — ranging from 650 to 1,100 square feet.
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The Federal Work College system is an evolution of the traditional work-study program. While the latter typically benefits students from lower-income backgrounds, the work college model mandates that every student living on campus must work, regardless of their financial background.
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This site is not affiliated with Antioch College, Antioch University, or the Antioch College Alumni Association. It is provided as a service to the Antioch College community to provide resources to inform people about the current situation at the college and what can be done to save the college before it's too late.