<p>I didn't think it was THAT big of a deal but after reading this article: <a href="http://worldnetdaily.com/news/article.asp?ARTICLE_ID=55316%5B/url%5D">http://worldnetdaily.com/news/article.asp?ARTICLE_ID=55316</a></p>
<p>the potential repercussions of the Wren Cross fiasco are seeming very severe.</p>
<p>I knew about the cancellation of the planned $12 million donation but... well here are some quotes from the article:
"'It will take a decade to repair the damage'"</p>
<p>"He said many of those signing the Wren Cross petition now have "turned their backs on the school forever" which indicates a serious failing in relations with alumni."</p>
<p>"'The school sustained serious damage to alumni relations, fundraising and reputation under the current Administration and is in serious danger of falling further in the rankings The competition is coming up fast and it's all about money.'"</p>
<p>"He said, for example, while competitor University of Virginia saw undergraduate applications increase 10 percent, and Rice was up 15 percent, William and Mary's rose less than one percent. The academic performance of incoming students has dropped, and the law school fell four places, he said."</p>
<p>"'Nichol's loss of the McGlothlin $10-12 [million] bequest may keep the school from reaching the $500 [million] goal by the June 30, 2007, close,' Kyle said."</p>
<p>How much will the fiasco really affect the future of The College?</p>