Some of the comments I’ve received on the blog and in person concern the limitations of Wesleyan’s initiative to reduce student indebtedness. Many wonder if we have created a financial aid paradigm that will result in entering classes of wealthy students and poor students (whose tuition is paid through grants). What happens, many ask, to middle-class families who can’t afford the tuition but don’t qualify for robust aid?This is a question we ask ourselves all the time. And the issue has led us to reduce student loan requirements for all who qualify for aid. A third of our aid recipients are from families earning more than $100k a year, and almost a quarter from families earning more than $125k annually. Like many of the most selective private colleges and universities in the United States, Wesleyan has chosen to focus its aid on need rather than to reallocate financial aid for merit scholarships. There is no reason to assume that merit scholarships would disproportionately aid students from middle-income households. In any case, can our school do more to identify real financial need among middle-class families? I bet we can, and that’s why we regularly review our financial aid allocations and formulae. In order to remain truly need blind, we must be sensitive to the variety of sacrifices families must make to send their students to Wesleyan. And our fundraising is focused on bringing more resources to support a creative use of grants to support middle-class and low-income families.Our recent initiative to reduce student indebtedness is, I realize, only one step in our efforts to enhance financial aid. With the generous support of the Wesleyan community, I am confident that we will be able to make further strides to reduce financial pressures on the significant percentage of our student body who need financial assistance to thrive here.————————————————————-Every morning I wake up to NPR on Wesleyan’s radio station, WESU (88.1 or WESUfm.org). In the afternoons there are engaging public affairs shows, with creative music programming in the evenings and on weekends. Now is the time to support the station’s pledge drive, and here’s how (courtesy of Jesse Sommer ’05):“WESU has really blossomed over the last three years. In that time, station members introduced Internet broadcasting, created a public affairs department, founded a nonprofit booster club, began publishing WESU Magazine, developed a regimented DJ training program, built new studios, initiated annual fundraisers, and fully upgraded the station’s technology. And WESU is still Wesleyan University’s largest student organization and most vibrant partnership with Middletown. The broadcast schedule now boasts a record 140 inhouse programs, including free-form music and local public affairs shows. Call our donation hotline at 860/687-7700, or donate online at www.wesufm.org ”
[tags] Financial aid, WESU, radio, WESU Magazine, pledge drive [/tags]