About a year ago, Heidelberg College pumped up its spending for a new, streamlined scholarship program, and then promoted its simplified formula so that students would know how much they could get before they even applied. Heidelberg's strategies worked as it was able to brought in the second-largest class in its 158-year history and a gain in its…

This article discusses Antioch College, a once-prominent countercultural institution that will be closed in 2008 due to serious financial problems. Antioch has been hemorrhaging money for years. Its Board of Trustees has decided to shutter the college by July 2008 and lay off most of its 160 staff and faculty members. Although the administration…