On March 18th, while most of you were away, Babson College and Olin College signed an agreement detailing the acquisition of Olin College by Babson College. Under the new arrangement, Olin College’s official name will be the Olin Center for Engineering and Entrepreneurship [1].
Olin has had difficulty paying off the debt it acquired from the construction of an entire school[2]. To mitigate the damage endured by the fund, the full-tuition scholarship has been replaced with a half-tuition scholarship, and spending on post-its has dropped. Funds were so short last year, Olin leased parcel B out to the local delinquents to grow bud. Unfortunately, these efforts have not been enough.