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Post by gymrat67 on Mar 28, 2020 11:33:12 GMT -5
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Post by coqui900 on Mar 28, 2020 14:26:26 GMT -5
We have really entered into a new world these past two weeks or so. I think this has become transformative outside of the realization of the many, many awful things that have resulted.
I work in PR for financial services companies. We have all been working from home for two weeks now. One of my clients is an investment firm with some really smart people who are also down-to-earth enough to see what they do way beyond the numbers. Not coincidentally, most of them went to good but normal person colleges strong in liberal arts and/or their degrees are in liberal arts before they went on to become a CFA. Knowing how to connect those dots works so incredibly well and is such an advantage compared to some hedge fund types who are human spreadsheets who have never known anything but elite high schools and colleges and tech-heavy degree programs with overcompetitive jerks.
One of their analysts is a 70-year-old guy who lives in Vermont. This is the longest stretch he has spent not going into an office except for vacations. He never really thought it was productive even though his kids and other people he knows have done it. But he really said he sees so many huge benefits. People who are under 45 or so have grown up with being online for their entire adult lives pretty much. But people who are older — and in general the age of people who make decisions in companies — are used to email and cellphones now but still have that gap. But now they see how delivered groceries and getting food delivered to your house beyond pizza or how even getting ingredients to cook via Blue Apron are so ridiculously easy.
The same decision maker types are also really questioning why the hell they need to pay so much to rent downtown office space when they can literally just buy a laptop and maybe even a monitor for an employee and let them work from home. And it also then makes it possible for places to not rely on the geographic pool of talent if you can just hire anyone from anywhere. There will always be so much more of a better connection when you meet people face-to-face. But industries beyond tech nerds are really opening up to that now, I think. But it could also lead to an emptying out of offices and what does that mean for cities where their downtowns are only offices? Northeast cities are a lot different since people actually live in city cores. But somewhere like Houston’s downtown is just a bunch of offices and it empties out at 5:30.
Also, the one thing I have seen so much on my social media feeds (and I have said it too) is that the shut-in has been such a benefit since you just get to spend so much more time with your family. I only really got to have 90 minutes with my 10-month-old by the time I got home from work and by the time he goes to bed. Now I get a lot more with him and it is awesome. Who in their right mind wants to spend their lives at some cubicle where they have a jerk manager and maybe one or two coworkers they truly like and a lot of people they at best make awkward small talk with and then a crappy commute stuck in traffic home? Nobody.
I also really hope that we also realize just how important a lot of jobs are in this country that people like us take fiorello granted. Like... garbage collectors are way more important to civilization than what I do for a paycheck. I worked at a supermarket for a little bit in college and wow are grocery store employees so important right now, on top of being exposed to a major health catastrophe. I will gladly pay higher grocery bills once this is over in exchange for those workers to make more money than they do. And I also hope that we get passed the nonsense of keeping Instacart drivers and Lyft/Uber folks classified as contractors because the only reason they are is to benefit the investors and owners of those companies and not the people who actually make them money, since their drivers get paid crap.
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Post by blueandgold on Mar 28, 2020 22:51:54 GMT -5
Very insightful reads. Some scary possibilities that unfortunately look like coming realities.
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Post by GlitterBro #2 on Mar 29, 2020 9:15:38 GMT -5
The interruption in the admissions cycle discussed in the article is going to be a big problem for schools like La Salle. A lot of high school seniors wait until the spring to do visits and then make their final decisions, and the schools make their final push. My daughter had 3 of these cancelled this month at schools she hasn't seen in person yet, and there's only so much you can get out of a virtual open house / tour. I've always told my kids to look at how the students interact with each other between classes, look at how they treat the cafeteria staff, look at how they greet professors and vice versa..and that will give you a sense of the campus culture. Hard to pick up that vibe virtually.
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Post by 23won on Mar 29, 2020 9:54:46 GMT -5
Based on the commits I saw on campus for the Bona game, I sensed they had a good commitment early
Who knows, those on the fence may swing our way by not seeing other schools’ facilities and closing pitches. They do so much through social media it may not be such a grave concern.
In fact, if our reset makes us the most cost competitive among peers, parents may push children our way. Can you imagine paying IVY league tuition and fees and then have you child at home for about half of a semester?
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Post by GlitterBro #2 on Mar 29, 2020 11:49:29 GMT -5
Based on the commits I saw on campus for the Bona game, I sensed they had a good commitment early Who knows, those on the fence may swing our way by not seeing other schools’ facilities and closing pitches. They do so much through social media it may not be such a grave concern. In fact, if our reset makes us the most cost competitive among peers, parents may push children our way. Can you imagine paying IVY league tuition and fees and then have you child at home for about half of a semester? Bonaventure game was accepted students. Not commits. As of that game, we had about 4000 "accepted students" (from 5700 applicants), but about 100 commits with deposits.
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Post by gymrat67 on Mar 31, 2020 11:41:23 GMT -5
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Post by las71 on Apr 4, 2020 8:33:52 GMT -5
Has the school addressed how it will handle potential refunds to students displaced from housing and loss of meal plans. I suspect that this may be an extraordinary expense and am concerned about the economic impact this will have on what seems to be our biggest issue, money.
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Post by GlitterBro #2 on Apr 4, 2020 8:49:05 GMT -5
Has the school addressed how it will handle potential refunds to students displaced from housing and loss of meal plans. I suspect that this may be an extraordinary expense and am concerned about the economic impact this will have on what seems to be our biggest issue, money. Most schools I've seen are doing a pro-rated refund of room and board for the partial part of the semester the students were sent home. I think I saw that La Salle was doing that as well. Many are doing it as either a credit for the next semester, or cash refund.
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Post by belfieldhappyhour on Apr 8, 2020 17:50:31 GMT -5
A lot of this is apples/oranges since it is a Power 5 and Group of 5 based story, but seeing some of these numbers is pretty eye-opening. The article states that even some Power 5 football programs could be in trouble if the corona/covid restrictions cut into the college football season. I talked to a friend, who works at a Big 5 school, and he was giving me some info that was scary as far as athletics go at schools like La Salle and SJU of PA. Not gonna post that publicly since some of it was speculation. www.si.com/college/2020/04/08/college-football-future-2020-ncaa-coronavirus
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Post by GlitterBro #2 on Apr 8, 2020 22:15:53 GMT -5
A lot of this is apples/oranges since it is a Power 5 and Group of 5 based story, but seeing some of these numbers is pretty eye-opening. The article states that even some Power 5 football programs could be in trouble if the corona/covid restrictions cut into the college football season. I talked to a friend, who works at a Big 5 school, and he was giving me some info that was scary as far as athletics go at schools like La Salle and SJU of PA. Not gonna post that publicly since some of it was speculation. www.si.com/college/2020/04/08/college-football-future-2020-ncaa-coronavirusSaw this story below yesterday and it has links in it to what's happening at a lot of schools. Standford AD taking a 20% paycut, Iowa State cutting coaches' salaries and suspending bonuses to save $3M off payroll (to make up for lost revenue from Big 12 and NCAA Tournaments), etc. www.insidehighered.com/news/2020/04/06/pay-cuts-university-presidents-coachesIt had me wondering how this was going to impact finances at La Salle which doesn't have a lot of wiggle room right now from a financial perspective, and not a large endowment to draw from for operating expenses. I'll be honest...it has me worried enough about the financial health of the school that yesterday I looked at the endowments of the other 3 schools my daughter is still considering to see how they compared. Never thought I'd be looking at that as a factor in making a college choice, but it's reality right now.
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Post by belfieldhappyhour on Apr 14, 2020 17:32:38 GMT -5
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Post by Deleted on Apr 14, 2020 18:51:56 GMT -5
I would be livid as a player to get told my team was being cut, while the MBB coach is getting 1.5 mil a year. AAC is such a screwed up conference though with how it’s spread all over the country. Makes it almost impossible to make Olympic sports viable. At least in A10, Big East, etc. you can bus almost everywhere. Does temple have a single conference bus trip? And the competition/revenue of football/basketball in the conference can’t justify supporting other sports. Sad that so many will get overlooked all because of a short sighted conference realignment.
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Post by 1801olney on Apr 15, 2020 15:55:14 GMT -5
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Post by Deleted on Apr 15, 2020 16:26:47 GMT -5
Do we have to be reminded of all the news that we are bombarded with everyday when we come to this site? These sites like FOX aren't news, they are propaganda.
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Post by Deleted on Apr 15, 2020 16:41:03 GMT -5
Do we have to be reminded of all the news that we are bombarded with everyday when we come to this site? These sites like FOX aren't news, they are propaganda. GOTTT EM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Post by gymrat67 on Apr 17, 2020 10:51:47 GMT -5
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Post by JoeFedorowicz on Apr 17, 2020 12:52:54 GMT -5
Nice infomercial for his online education consulting company.
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Post by 23won on Apr 18, 2020 10:35:37 GMT -5
Please explain the logic of the CARES Act, a bipartisan package, to me.
U Penn has a $14.7 billion endowment, and they get a $9 million CARE package.
La Salle has an ~$88 million endowment and we get $4+ million in CARES $.
Who actually is harmed more and who actually is helping students whose families are more significantly impacted on an economic basis by COVID? It's the little guy who is getting less. How do they allocate the $?
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Post by 1801olney on Apr 18, 2020 10:52:47 GMT -5
Please explain the logic of the CARES Act, a bipartisan package, to me. U Penn has a $14.7 billion endowment, and they get a $9 million CARE package. La Salle has an ~$88 million endowment and we get $4+ million in CARES $. Who actually is harmed more and who actually is helping students whose families are more significantly impacted on an economic basis by COVID? It's the little guy who is getting less. How do they allocate the $? “ The U.S. Department of Education determined funding levels using a few factors, including total enrollment school and the number of students who are eligible for the federal Pell grants.”
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Post by explorerman on Apr 18, 2020 10:56:15 GMT -5
Please explain the logic of the CARES Act, a bipartisan package, to me. U Penn has a $14.7 billion endowment, and they get a $9 million CARE package. La Salle has an ~$88 million endowment and we get $4+ million in CARES $. Who actually is harmed more and who actually is helping students whose families are more significantly impacted on an economic basis by COVID? It's the little guy who is getting less. How do they allocate the $? It is funny that you mentioned that.. I had conversations with a couple of people on the $$$ yesterday.. Complete BS.. If you look deeper at the numbers it is a funny reminder how La Salle is doing Temple’s job for it.. A point that I needed to remind Degreco a couple years ago.. Great to see my Alma Mater continuing their focus on serving the most in need..
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Post by Deleted on Apr 18, 2020 13:29:16 GMT -5
Please explain the logic of the CARES Act, a bipartisan package, to me. U Penn has a $14.7 billion endowment, and they get a $9 million CARE package. La Salle has an ~$88 million endowment and we get $4+ million in CARES $. Who actually is harmed more and who actually is helping students whose families are more significantly impacted on an economic basis by COVID? It's the little guy who is getting less. How do they allocate the $? “ The U.S. Department of Education determined funding levels using a few factors, including total enrollment school and the number of students who are eligible for the federal Pell grants.” BOO HISS FOX NEWS
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Post by GlitterBro #2 on Apr 27, 2020 15:42:24 GMT -5
College enrollment likely to drop as schools consider staying closed until 2021www.cnbc.com/2020/04/27/college-enrollment-may-drop-as-schools-weigh-staying-closed-until-2021.htmlFor schools like La Salle that are so tuition-driven for operating income, this could be devastating if they were to remain "closed" through the first semester. With a high school senior, it's hard to wrap my arms around paying tuition for a virtual experience, and we've been discussing the idea of a gap year should the school she picks not be in-person by the fall. To date, of the 4 schools she is still considering, only Loyola Maryland has communicated a plan of action for the fall with 3 potential scenarios in it, including starting later in the fall, smaller class sizes, etc. Online is their last resort in the options they communicated. That individual states are making their own decisions could have a lot of knock-on effects for basketball season. What if PA, where our governor is being more Draconian than others about this, is still "closed" for the start of basketball season (and since he has communicated a county-by-county reopening with the most populated ones opening last - there is a chance a Philly schools could be in the last wave of openings). What does this mean for teams being able to practice, and games scheduled against schools that are "open". Does the NCAA consider a modified season approach for some sports? Lots of questions and food for thought.
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Post by JoeFedorowicz on Apr 27, 2020 15:59:25 GMT -5
Draconian is quite the descriptor.
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Post by Deleted on Apr 27, 2020 16:25:34 GMT -5
Quite the accurate descriptor, might I add.
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Post by GlitterBro #2 on Apr 27, 2020 17:55:15 GMT -5
...and...hot off the press : Contingency plans in the works for college sports to come back for next school yearwww.inquirer.com/college-sports/college-sports-atlantic-10-coronavirus-covid-19-20200427.htmlThe A-10 also is looking at contingencies that include campuses being open but the schedule being condensed because of social distancing and the time available to train and practice.
“We’re looking at reductions in potentially our conference schedule that would still maintain the integrity of a conference regular-season schedule,’’ McGlade said. “We’ve also discussed the possibility of, if the NCAA champions are, in fact, intact, we could name our regular-season champion the AQ [automatic qualifier] and essentially not have an A-10 championship.”
If the format can’t be run fully, they’re also talking about having what they call “a Final Four A-10 championship," where the top four in a sport qualify for a playoff, similar to the setup in recent years for Ivy League basketball.
Part of the contingency planning is a potential 25 percent reduction in our conference schedules so that we could align more of a regionalized schedule.
Differences in state policies could come into play.
“We’re in nine states and D.C.," McGlade said. “If we have two or three states in which we have members in and they’re not coming back online because they’ve been impacted at a different time frame with this pandemic, then that’s going to obviously be tremendously impactful” on finishing a full schedule.
If, say four of the 14 members aren’t ready to play, “we have to make accommodations for them, so everybody can return healthy a year from now.” Health regulations will dictate how quickly any school can get back up and running.
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Post by Deleted on Apr 27, 2020 20:29:46 GMT -5
I’d imagine Davidson, SLU, (maybe) Dayton, possibly Bonnies (since it’s fairly isolated in a small town), and Duquesne would be most likely spots? But let’s just hope we get past this and can have a season.
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Post by JoeFedorowicz on Apr 27, 2020 20:51:09 GMT -5
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MisterD
The Baptist Himself
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Post by MisterD on Apr 28, 2020 8:12:56 GMT -5
1st-25th most aggressive states = Draconian 26th-50th most aggressive states = Criminally insufficient
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Post by GlitterBro #2 on Apr 28, 2020 9:06:39 GMT -5
Well if WalletHub says so...then it must be accurate.
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