Alumni try to save Antioch College

• Story Highlights
• Alumni have received cash or pledges worth about $15 million
  
• School officials: Antioch to close after the spring term, reorganize, reopen in 2012
  
• Financial situation is "extremely severe," says chancellor Toni Murdock
  
• Antioch is alma mater of Coretta Scott King, Rod Serling, Nobel Prize winners
  
• Next Article in U.S. »