Is Oberlin College in financial trouble?

Is Oberlin College in financial trouble?

The College was facing enormous financial problems, we were told, and the draconian elimination of these workers’ jobs was absolutely necessary. As its endowment booms, Oberlin College has increased joblessness and poverty in an already poor area of Ohio.

Did Oberlin College ever pay Gibson’s Bakery?

Gibson’s Bakery v. In 2019, a jury found that Oberlin College had defamed the owner of Gibson’s Bakery and his family, and awarded them millions of dollars in damages. The school has appealed but the court required it to post a bond while the appeals process continues.

What happened in Oberlin Bakery?

Oberlin College, on a website dedicated to the case, said that one of the students tried to purchase alcohol at the bakery with a fake ID and was accused of shoplifting and chased down by Allyn D. In 2017, the bakery sued Oberlin College and its Dean of Students at the time, Meredith Raimondo, for libel.

Is Meredith Raimondo still at Oberlin?

Raimondo will continue to teach her Bridging the Gap course through the end of the semester, when she will take a sabbatical and return to Oberlin as a faculty member in the 2022–2023 academic year. “Meredith, every day, was working on behalf of Oberlin students,” said Chief of Staff David Hertz.

Is there Greek life at Oberlin College?

We don’t have fraternities and sororities, so if you’re looking to go to a party filled with hundreds of crazy, intoxicated strangers, you may be disappointed with Oberlin’s party offerings.

What is Oberlin’s endowment?

$1.09 billion
Oberlin College

Former names Oberlin Collegiate Institute (1833–1864)
Established September 2, 1833
Endowment $1.09 billion (2021)
President Carmen Twillie Ambar
Academic staff 327 (2017)

What did Oberlin College do to the Gibsons?

At trial, jurors found that Oberlin College acted in ways that libeled the Gibson family, that the college inflicted emotional distress on the Gibsons and also intentionally interfered with the bakery’s business. The Gibsons sued the college the following year.

How many students are at Oberlin College?

2,978 (2014)
Oberlin College/Total enrollment

Where is Meredith Raimondo now?

Meredith Raimondo will step down from her role as Vice President and Dean of Students at the end of the spring 2021 semester. After taking a sabbatical, Raimondo will return to her previous position as a tenured faculty member in 2023.

Is Oberlin a prestigious school?

A new college rankings source that measures the work and influence of faculty and alumni places Oberlin among the top liberal arts colleges in the country. In its initial ranking released in January 2021, Academic Influence places Oberlin thirteenth among the top 1,240 liberal arts colleges in the United States.

Why was the Oberlin student arrested for shoplifting?

After a student from Oberlin College was arrested for shoplifting, sparking charges of racial profiling, the owners of Gibson’s Bakery accused the college of aiding demonstrators and causing reputational damage. CBS News

What was the damages awarded to Oberlin College?

That is precisely the point; and last June a local jury found Oberlin College on the hook for $44 million in damages. The court has since reduced the award to $31.5 million, and Oberlin College has appealed that judgment.

Who are the owners of Gibson’s bakery in Oberlin?

CBS News David Gibson, one of the owners of Gibson’s Bakery in Oberlin, described what happened when his son, Allyn, was at the cash register when the student tried to buy a bottle of wine: “My son confronted him and would not accept the false ID. Realized it was a fake ID as well.