August 30, 2010

Volume 107, Issue 5

Stories from the August 30, 2010 issue of the GW Hatchet. View a PDF version of this issue.

Student loan debt outpaces credit card debt in U.S.

Consumers owe more on their student loans than their credit cards, according to data released this month by the Federal Reserve. The data found that in June, Americans owed $826.5 billion in revolving debt – which usually takes the form of credit card debt – and $829.78 billion in student loan debt. This is the […]

SJS seeks to reform disciplinary process

After years of complaints over procedure and transparency, the head of Student Judicial Services plans to reform the board that doles out punishments to students who have violated GW’s Student Code of Conduct. Tara Pereira, the assistant dean of students and head of SJS, said she will be holding town hall meetings throughout the year […]

Knapp, deans welcome Class of 2014 at Convocation

Dean of Freshmen Helen Cannaday Saulny implored the Class of 2014 to make the most out of their four years at GW during Freshman Convocation in the Smith Center Sunday afternoon. Cannaday Saulny – along with University President Steven Knapp and Provost Steven Lerman – officially kicked off the academic careers of the freshman class, […]

Amid global recession, University endowment grows

The University’s endowment rose 13 percent over the last fiscal year to stand at $1.14 billion as of June 30, Executive Vice President and Treasurer Lou Katz said. The endowment gained $135 million during fiscal year 2010, which began July 1, 2009 and ended June 30, 2010, an improvement after its 18 percent drop last […]

Knapp lends a helping hand on Move-In Day

Among a sea of yellow-shirted move-in volunteers, you’d think the University president would stand out. But on Saturday, President Steven Knapp was just one of more than 1,000 volunteers that were stationed to help lift the heavy luggage of freshmen moving onto campus for the first time. Students on both the Foggy Bottom and Mount […]

Student Association has $1 million to allocate to student organizations

Correction appended For the first time in University history, the Student Association has more than $1 million to dole out to student organizations and fund University-wide events, a number that will greatly increase the amount of programming the SA can fund, the chair of the SA Finance Committee said last week. The exact figure won’t […]

University charges vendors for mandatory GWorld upgrades

The new GWorld 2.0 card system will require all off-campus vendors to pay for upgraded card readers, the University confirmed this week, a move that GWorld vendors called a frustrating but an unavoidable necessity. Ed Schonfeld, senior associate vice president for administration, said the new GWorld card reader systems are not compatible with the old […]

University raises record amount

The University raised a record-breaking $94 million last fiscal year, a senior administrator said last week. Despite missing the University’s $131 million fundraising goal, Vice President for Development and Alumni Relations Michael Morsberger said the $93.82 million is a record amount for the University, showing a slow but nevertheless upward trend in philanthropic contributions. Morsberger […]

Fewer freshmen lost in summer melt

Only 100 students in the Class of 2014 who made deposits to the University have pulled out of enrolling for the fall semester, a senior administrator in the Office of Undergraduate Admissions said last week. Every year, the University expects a percentage of incoming freshmen not to attend the University for various personal or financial […]