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Post by SICguy84 on Sept 29, 2015 12:16:43 GMT -5
Position has yet to be filled.
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Post by jellybean on Sept 29, 2015 12:46:53 GMT -5
FWIW, i heard that he was not looking and SJU came after him. Elderson left in January so it's interesting to me if Gullick was even approached or wanted the La Salle job?
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joe
Utility Bench Player
Posts: 121
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Post by joe on Sept 29, 2015 20:32:44 GMT -5
Jim is a good guy. I think he would be a good AD. I would like to know how the new president feels about Tom. She is very aggressive getting LaSalle in the news. Do you think we will see Dr. Tom change his ways?
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Post by stlexplorer on Sept 30, 2015 0:40:35 GMT -5
There can't possibly be anyone anywhere singing Brennan's praises, but the President just needs to ask around
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Post by jellybean on Sept 30, 2015 8:57:14 GMT -5
I know La Salle is a private institution and does not report length of contracts but I sure would like to see the time left on TB's deal.
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Post by gymrat67 on Sept 30, 2015 11:59:45 GMT -5
FWIW, i heard that he was not looking and SJU came after him. Elderson left in January so it's interesting to me if Gullick was even approached or wanted the La Salle job? Sure does not bode well, IMO, for a new La Salle basketball Arena anytime on the horizon. Jim Gullick was the person who, among his other responsibilities, was supposed to head up the development initiative and fundraising effort for same. He has been gone for five months now and the position has not been filled.
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Post by explorer88 on Sept 30, 2015 13:15:21 GMT -5
FWIW, i heard that he was not looking and SJU came after him. Elderson left in January so it's interesting to me if Gullick was even approached or wanted the La Salle job? Sure does not bode well, IMO, for a new La Salle basketball Arena anytime on the horizon. Jim Gullick was the person who, among his other responsibilities, was supposed to head up the development initiative and fundraising effort for same. He has been gone for five months now and the position has not been filled. La Salle will never see a new arena. It pains me to say that but I will never believe that until the first game is played.
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MisterD
The Baptist Himself
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Post by MisterD on Sept 30, 2015 13:28:36 GMT -5
So like it'll be built and you still won't believe it in September?
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Post by explorer88 on Sept 30, 2015 13:53:41 GMT -5
So like it'll be built and you still won't believe it in September? If you say so.
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Post by 23won on Sept 30, 2015 18:21:03 GMT -5
La Salle needs to cut way more fat. Jim wasn't fat and was a nice guy who I will miss but let's be real - He was not going to get us an arena or transform the sports programs. Solid citizen. Not a game changer.
IMO the only thing that is a game changer is if G can create a style of play with this group of players that can advance the team this year to be a bubble team or more And then build on that to go E 8 next year. As Jack would say, that would be as "good as it will get."
If that happens G is gone and we still have no arena. Hoping for an E8 fellas.
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Post by blueandgold on Sept 30, 2015 20:48:42 GMT -5
La Salle needs to cut way more fat. Jim wasn't fat and was a nice guy who I will miss but let's be real - He was not going to get us an arena or transform the sports programs. Solid citizen. Not a game changer. IMO the only thing that is a game changer is if G can create a style of play with this group of players that can advance the team this year to be a bubble team or more And then build on that to go E 8 next year. As Jack would say, that would be as "good as it will get." If that happens G is gone and we still have no arena. Hoping for an E8 fellas. I like your enthusiasm, but let's just try to get back into the NCAAs for the second time in 24 years
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Post by gymrat67 on Oct 10, 2015 11:27:31 GMT -5
Problems mount for the " Other " College Debt -- WSJ, October 8, 2015 on.wsj.com/1jVOrZ6For example, if my memory serves, a significant portion of the $35 million cost of La Salle's new Business School building presently under construction was to be financed via a University bond offering.
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Post by jellybean on Oct 10, 2015 18:01:32 GMT -5
Problems mount for the " Other " College Debt -- WSJ, October 8, 2015 on.wsj.com/1jVOrZ6For example, if my memory serves, a significant portion of the $35 million cost of La Salle's new Business School building presently under construction was to be financed via a University bond offering. Wasn't the funding complete before the first shovel went into the ground? Usually is the case.
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Post by jellybean on Oct 10, 2015 18:05:20 GMT -5
Catherine Parsons-Nikolic joined La Salle as VP for University Advancement in July. She formerly served at Villanova as Associate VP of University Advancement and spent seven years at Temple in the Office of Institutional Advancement.
Welcome aboard and best of luck.
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Post by a10champion15 on Oct 10, 2015 18:33:06 GMT -5
From what I have heard there was only less than a million left to raise. The website hasn't been updated since July which shows about 2 million.
My guess I would have heard something that the school was in desperate need seeing how the business school is around 65% to 70% complete. The business school as you know is still shooting for a January open and they haven't been delayed too much. Weather was pretty favorable most of the summer. Hopefully it stays that way into January. I bet in February sometime it is being used with odds and ends to do. If you haven't looked lately at the webcam it looks great. Didn't expect the top floor to be completely windows.
I really enjoyed that bond article but it is a stretch. In case you were wondering La Salle's bond rating is BBB+ which is common and not bad. Temple is BBB-. Drexel is rated by moody's and was given a A3. Practically the same level as a BBB+.
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Post by luhoopsfan on Oct 11, 2015 6:18:14 GMT -5
Catherine Parsons-Nikolic joined La Salle as VP for University Advancement in July. She formerly served at Villanova as Associate VP of University Advancement and spent seven years at Temple in the Office of Institutional Advancement. Welcome aboard and best of luck. Sounds like she comes from two places that are pretty good at getting money together to build some nice things
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Post by gymrat67 on Oct 30, 2015 13:24:08 GMT -5
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Post by 1stflooredwards on Oct 30, 2015 14:00:34 GMT -5
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Post by gymrat67 on Nov 22, 2015 17:39:24 GMT -5
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Post by lasalle89 on Nov 22, 2015 18:00:19 GMT -5
I don't understand how small private colleges stay in business. I do know that private colleges must try to lower tuition to be closer to Penn St tuition. My son is a senior in HS and we have visited schools that charge between 20k a year to 60k a year. Temple has a program where they give you a menu with GPA and SAT/ACT Scores. If you have that GPA and get that score they give you the scholarship listed next to it. My brother is a Nova grad but did not let his son go there because it's 60k a year. St Joes came down to Penn St. Tuition for him but he ended up at Penn St anyway. Something has to give. Can't soend 200k for college and come out with loans and make 45k a year.
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Post by JoeFedorowicz on Nov 22, 2015 18:15:27 GMT -5
You have to go back to specializing, even if it means getting smaller. Be the best school in Philadelphia for nursing, but drop 5 other majors that 8 students a year take.
La Salle offers too much for their size in my opinion.
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Post by JoeFedorowicz on Nov 22, 2015 18:18:20 GMT -5
You have to go back to specializing, even if it means getting smaller. Be the best school in Philadelphia for nursing, but drop 5 other majors that 8 students a year take.
La Salle offers too much for their size in my opinion. Accounting, finance, marketing, nursing, speech language, teaching and the core liberal arts degrees. Anything past that is crazy.
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Post by jellybean on Nov 22, 2015 19:47:12 GMT -5
I don't understand how small private colleges stay in business. I do know that private colleges must try to lower tuition to be closer to Penn St tuition. My son is a senior in HS and we have visited schools that charge between 20k a year to 60k a year. Temple has a program where they give you a menu with GPA and SAT/ACT Scores. If you have that GPA and get that score they give you the scholarship listed next to it. My brother is a Nova grad but did not let his son go there because it's 60k a year. St Joes came down to Penn St. Tuition for him but he ended up at Penn St anyway. Something has to give. Can't soend 200k for college and come out with loans and make 45k a year. I agree we are at a critical point for private universities and not saying it can continue but this quote from Ben Franklin. He said " If you fail to plan, you are planning to fail." I see it everyday in my line of work. People fail to plan for college education or retirement. I see parents complain about cost of college and yet they saved little in a 529 Plan. They still take that $4000 vacation though every year and plan for days. I started saving $1000 a year when my kids were born and was fortunate to increase it to $2000 some years and $3000 in other years. I got a decent investment return. When my children graduated from La Salle they had zero for one and $6000 for the other. La Salle gave them fair but decent financial aid packages and a combo of their 529 and work paid the freight. My brother-in-law put three kids through private universities and had the same experience.The more "selective" the school the less they award in Financial Aid. Why? Because they don't need too. I had a neighbor apply to Duke and they didn't give him a penny. True story, a colleague had a son who applied to Harvard. They told him they don't need to charge tuition but only do it to "keep the rift raft out." His son did not go there...today he is a Trauma Surgeon at San Francisco General. In a similar vein stats show that the huge problem on the horizon is retirees that failed to save enough for their retirement years. Vanguard has a study that shows the mean (average) 401k balance is $101,650 but the median ( exactly middle) is $31,396. Look at those 54-65 and you see mean is $180,771 and median is $76,381. Use the 4% rule and you see retirees pulling out $3-6K a year to supplement social security. That's not enough to replace loss of a paycheck. So they dip into principal not to mention a Bear Market in the Stock Market. Not pretty.
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Post by weston2 on Nov 22, 2015 20:37:53 GMT -5
I don't understand how small private colleges stay in business. I do know that private colleges must try to lower tuition to be closer to Penn St tuition. My son is a senior in HS and we have visited schools that charge between 20k a year to 60k a year. Temple has a program where they give you a menu with GPA and SAT/ACT Scores. If you have that GPA and get that score they give you the scholarship listed next to it. My brother is a Nova grad but did not let his son go there because it's 60k a year. St Joes came down to Penn St. Tuition for him but he ended up at Penn St anyway. Something has to give. Can't soend 200k for college and come out with loans and make 45k a year. I agree we are at a critical point for private universities and not saying it can continue but this quote from Ben Franklin. He said " If you fail to plan, you are planning to fail." I see it everyday in my line of work. People fail to plan for college education or retirement. I see parents complain about cost of college and yet they saved little in a 529 Plan. They still take that $4000 vacation though every year and plan for days. I started saving $1000 a year when my kids were born and was fortunate to increase it to $2000 some years and $3000 in other years. I got a decent investment return. When my children graduated from La Salle they had zero for one and $6000 for the other. La Salle gave them fair but decent financial aid packages and a combo of their 529 and work paid the freight. My brother-in-law put three kids through private universities and had the same experience.The more "selective" the school the less they award in Financial Aid. Why? Because they don't need too. I had a neighbor apply to Duke and they didn't give him a penny. True story, a colleague had a son who applied to Harvard. They told him they don't need to charge tuition but only do it to "keep the rift raft out." His son did not go there...today he is a Trauma Surgeon at San Francisco General. In a similar vein stats show that the huge problem on the horizon is retirees that failed to save enough for their retirement years. Vanguard has a study that shows the mean (average) 401k balance is $101,650 but the median ( exactly middle) is $31,396. Look at those 54-65 and you see mean is $180,771 and median is $76,381. Use the 4% rule and you see retirees pulling out $3-6K a year to supplement social security. That's not enough to replace loss of a paycheck. So they dip into principal not to mention a Bear Market in the Stock Market. Not pretty.[/b] Yep! Treasury Notes @13.75% from the 80's funded a college education for the 90's. And some other creative investment maneuvers..............zero coupons, Vanguard funds..............you gotta plan. The Day will come. Party on!
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Post by luhoopsfan on Nov 22, 2015 21:34:15 GMT -5
College education has become so de-valued that I have zero intent to pay for anything other than living expenses for my kids to attend college. Today, everyone goes to college and there are far more graduates than available jobs in those fields.
A college education made sense when your starting salary would be roughly the cost of all 4 years. Now, it costs $100k to get through and most kids come out making less than half that amount. It makes zero sense for anyone to pay out of pocket, savings plan or not.
Better alternative, if a scholarship or generous financial aid package is unavailable, 2 years of JuCo and two years elsewhere. It doesn't matter where you spent the first two years when all anyone asks is what's on your diploma.
Also, the wealthiest guys I know today are carpenters, electricians, plumbers, etc. and there is a shrinking pool of qualified people in those areas because everyone goes to college. A college degree used to be a way to differentiate yourself from the field, today it just helps you blend in
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Post by JoeFedorowicz on Nov 22, 2015 21:50:08 GMT -5
All of you seem very smart in financial matters.
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Post by a10champion15 on Nov 22, 2015 23:00:31 GMT -5
A college education is still SO important. It might not separate yourself but it is critical. I am now....4..5 years out of college. 90% of my friends who received college educations have good jobs. Only know a couple that are currently underemployed.
From what I saw the graduates that struggled after college were the ones who choose not to intern or do coops during college. That paid dividends for most of my college friends and myself.
The JUCO option is a great idea. I have a a friend who went that route. She wasn't exactly sure what to do either. You honestly just need to be smart to with your choice. If you aren't sure what you want to do don't go and spend 50K a year on a college education. I find myself having less and less sympathy for college graduates who walk away with 200K in loans. Too many students get caught up in going to these schools based of the name as opposed to the program.
For me I wanted to go to Nova or Fordham at first both of which had very good business schools. I was not about La Salle but ended up warming up to it. It began to make less and less sense for me not to go La Salle. I didn't see the gain in spending more to go to Fordham and Fordham didn't offer an accelerated accounting program. No one to date in this area can even touch La Salle's BS/MBA accounting program. Best decision I ever made and I was one of the first to graduate from it.
College isn't for everyone though. I know a couple people with their own small business with no college education. They both do very well.
One concept I was always try to share whether your college educated or not is to have multiple sources of revenue. Provides you with a financial safety net in case things get rocky in your let's say #1 job. You never know what can happen.
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MisterD
The Baptist Himself
Voted Most Popular Poster 2012, 2013, 2015, 2016, 2017, 2018, 2019, 2020, 2022, 2023
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Post by MisterD on Nov 23, 2015 9:39:27 GMT -5
Does having a job and an employed spouse count as having multiple sources of revenue? If so, I'm in.
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Post by lasalle89 on Nov 23, 2015 13:25:03 GMT -5
It pains me to say it but my son will probably end up at Temple. They offered him the Presedential scholarship which is full academic tuition. He just spent the weekend at Penn St and had a blast. I said Penn St offered you a 5k scholarship. If you go to Temple you will come out with zero debt. If you go to PSU you will have some debt. I think it's a no brainer. He has not heard back from LaSalle yet. I also agree that 2 years at a community college or Juco is very smart. Yes parents need to save but the tuitions are out of control.
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Post by calidelphia on Nov 23, 2015 13:32:42 GMT -5
All of you seem very smart in financial matters. Thanks to Brother Gerry.
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