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Antioch College deal expected soon
The deal to revive Antioch College announced in June included an Aug. 31 deadline for the closing and transfer of assets from the board of Antioch University to that of the Antioch College Continuation Corporation.
The deadline passed Monday, Aug. 31, without a closing. However, both parties remain confident that their work will be completed soon, according to a statement released Monday by the Great Lakes College Association (GLCA), which has been mediating the negotiations.
The deadline selected by the boards included a provision that more time could be allotted to accommodate required reviews and approvals by external agencies, including state officials and the university’s bond holders.
The university and corporation boards continue to work together toward the transfer, and anticipate jointly announcing a closing date when these external agencies have completed their work, according to the statement.
“While we cannot yet pin down an exact date or begin to celebrate, we do expect a closing soon,” said Richard Detweiler, GLCA president and mediator of the task force to create a new, independent Antioch College in Yellow Springs.
The decision to close Antioch College in June 2008 continued to be debated on Tuesday in higher education trade publications, including the Chronicle of Higher Education and Inside Higher Ed.
The American Association of University Professors (AAUP) on Tuesday released an 60-page report on its investigation into the closing of the historic liberal arts college.
The report claims that Antioch University’s board ignored the college’s established faculty-governance procedures as it considered closing Antioch in 2007. The report also charges that the board did not consider alternatives to declaring financial exigency for the college.
Antioch University on Tuesday was to release its own report, calling the AAUP study “biased and flawed,” according to Inside Higher Ed.
To read the full AAUP report, click here.
Permalink | Comments (4) | Post your comment | Categories: Antioch College

Dave Larsen writes about higher education.
Kelly Mori writes about health and higher education.
Comments
By null
September 1, 2009 4:31 PM | Link to this
Geesh…. let this school die. THere is no enrollment, no relevancy to this area, and there are other schools that meet the region’s need. Lack of enrollment and financial support caused this school to fail. End it!By Chryss
September 3, 2009 2:31 PM | Link to this
Sorry, “null,” looks like 17,000 committed and passionate alumni are not going to just give up. Guess I won’t see you at the celebration!By athana
September 4, 2009 11:31 AM | Link to this
No relevancy to this area?!? A college like Antioch is exactly what this area needs. Antioch gives Ohio a taste of what the rest of the world is thinking and doing — something this insular area needs badly.By Rick Baker
September 17, 2009 6:59 PM | Link to this
I attended Antioch College 1976-1979 and although the two co-op jobs I accomplished through the college were incredible in every other regard Antioch was a disappointment. The school took a tremendous amount of my money and I received very little back in return. Most of the students who attended with me where there because no other school would tolerate them or allow them entrance. During my entire 3 years I never saw any display of school pride. I’m not at all surprised Antioch has died.