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Recession gives small colleges an economics lesson

Source: Chicago Tribune Posted By: Tony Y..3502 days ago

The 92 students at Sterling College are used to roughing it -- they learn how to use an ax, sleep outside in the winter and raise a quarter of their food.

But the recession has the college roughing it in an entirely new way, as it begs the cash-strapped state for $350,000 for a new dorm that it hopes will attract the minimum of 115 students it needs to survive.

"Some people are terrifically angry at me in this state," said president Will Wootton. "We've never asked for help; we got into trouble.....

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