Comments | l33tminion: The Death of Olin College

l33tminion

The Death of Olin College

Jun 19, 2009 11:21

Olin College, by consent of the remaining former directors of the Franklin W. Olin Foundation and a majority vote of the College Trustees, has amended the Founding Precepts of Olin College, item six, to reduce the Olin Scholarship by 50% starting for the class of 2014 (entering in Fall 2010 ( Read more... )

business, olin, anti-props, education

Comments 6

krint01 June 19 2009, 21:09:56 UTC

What would that creativity have looked like? I don't mean to criticize, and you know way more about Olin than I do... but money is just not a thing in great supply right now. What would you have them do?

l33tminion June 19 2009, 22:56:10 UTC

Hey, if I had a good, easy answer, I can assure you it would be in the post above. There were a variety of suggestions proposed by the Olin community, none were tried. I don't believe that President Miller and the rest of the administration would have been unable to come up with something had one of the Foundation directors refused to amend the Precepts, but maybe there is no better solution ( ... )

chiaki777 June 19 2009, 21:11:58 UTC

Perhaps this is time, in a different light, to get people fill a new niche then?

l33tminion June 19 2009, 22:57:59 UTC

For those filling that niche, there are a lot of other good options, school-wise.

tenshikurai9 June 20 2009, 06:45:33 UTC

Oh goody. The change has happened right when the entering class has already accepted Olin over whatever other places accepted them. Hope they're prepared to take-on the expense.

l33tminion June 20 2009, 18:31:20 UTC

The class of 2014, I said. Next year's class (class of 2013) still gets the full scholarship for all four years.