Established 1874.

The Oberlin Review

Student Senate Proposes Central Budgeting Committee

Student Senate Proposes Central Budgeting Committee

April 28, 2017

Student senators are drafting a proposal to establish a Central Budgeting Commit­tee, a standing group that would include and engage students, faculty and staff in the College’s budgeting decisions. Senate’s Financial Prioritization task force hopes to release the proposal this week to leverage student and faculty support before pre­senting it to senior administrators. Senate’s proposal calls for CBC mem­bers’ inclusion on all budgetary documents and information in accordance with a...

Krislov Named President of Pace University

Krislov Named President of Pace University

February 17, 2017

Oberlin College’s top administrative spots are up for grabs as searches ensue to replace President Marvin Krislov and Vice President of Finance and Administration Mike Frandsen. Krislov, who announced his impending departure in September, will leave for a new post as president of Pace University in New York City beginning Aug. 1. His decade of service as the College’s 14th president leaves a legacy of, alongside notable controversies that gained traction in national media, capital-planning...

New President Should Prioritize Communication

Editorial Board

February 17, 2017

Filed under Editorials, OPINIONS

Oberlin is undergoing an administrative makeover with President Marvin Krislov and Vice President for Finance and Administration Mike Frandsen both departing this spring. With these two major transitions, the College is approaching a decisive opportunity to address students’ major concerns with administrative shortcomings. The primary concern with the current administration is the opaque ways in which significant decisions are made. The College’s top-down decision-making process leaves students mostly out of the loop until it’s too late to voice dissent or offer valuable insight into how actions might impact day-to-day student life. One of the most viable ways this can improve is by opening up more channels of ...

Administrators, Unions at Odds on Cuts

Administrators, Unions at Odds on Cuts

February 10, 2017

In the aftermath of the College’s campus-wide staff buyout program, custodians, administrative assistants and Campus Dining Service workers face insecurity and have voiced concern over the continual elimination of staff positions and potential work overload. Last spring, the administration created the Voluntary Separation Incentive Program, which was intended to save the College money by replacing veteran staff members with younger, lower-salary employees. VSIP grants each outgoing employee...

Frandsen: College’s Financial Trajectory Unsustainable

Sydney Allen, Production Editor

November 18, 2016

Filed under Campus News, Features, NEWS, Recent Stories

The College’s financial situation is unsustainable without substantive cuts, administrators say, and by filling out a survey, College community members will help decide where those cuts will fall. Vice President for Finance and Administration Mike Frandsen said in a research management meeting last Friday that Oberlin’s current financial model is unsustainable, and would leave the College with an increasing deficit in the coming years if the financial system stayed the same. Frandsen’s reports showed a projected deficit of $3.1 million in 2017 that then increases to $5.7 million by 2021. The Resource Management Working Group, an implementation committee for the 2016–2021 Strategic Plan, sent out a survey...

Frandsen Presents on Current College Finances

Oliver Bok, Staff Writer

December 5, 2014

Filed under Campus News, Community News, NEWS

Mike Frandsen, the vice president for Finance and Administration, gave students a broad overview of Oberlin’s revenue and expenses on Monday amid widespread student concern that the College isn’t doing enough to make Oberlin more affordable. According to Frandsen, gross tuition — the sticker price that does not include financial aid — has increased by 4 percent on average over the last five years. Net student tuition — the actual amount of money collected from students after factoring in financial aid — has increased by 5.9 percent per year since 2011. Financial aid has increased by an average of 5 percent per year during the same time period. “Eighty-two percent of our projected revenues for...

Established 1874.