The Hatchet’s editorial board calls on both students and GW to be more financially aware this year.

GW students have a certain reputation for excess, and in some cases, it may be well deserved. Many of us have heard of the student who spent thousands on clubs and drinks in his first few weeks of school. It’s true that even at a school as expensive as GW, students sometimes throw money down without much thought.

We know this is not the story of all, or really even most GW students. There are plenty of Colonials who spend their money in financially sound ways. But after the economic events of the past year, it is imperative that both students and the University work to ensure financial responsibility.