Small classes and quality teaching on the sh***y end of the stick in Florida?

Seen here in a photograph from 2003, Palm Court is located in the Pei Residence hall complex and is the center of New College student life (Photo credit: Wikipedia)

New College of Florida seems to be losing the funding war, despite delivering the goods.
http://www.insidehighered.com/news/2014/08/07/one-liberal-arts-college-loses-money-after-its-state-adopts-performance-funding

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