MONDAY, DECEMBER 7, 2015
THE INDEPENDENT STUDENT NEWSPAPER OF THE UNIVERSITY OF PENNSYLVANIA
Gutmann’s party relocated
Party moved from Gutmann’s house after protest last year JESSICA WASHINGTON Staff Reporter
About a year ago, students disrupted the annual holiday study break at Penn President Amy Gutmann’s house with a protest. This year, the event will be held
on Tuesday at the Annenberg Center instead of its traditional location at Gutmann’s house on 38th and Walnut streets. When the event was held a year ago, it was protested by the Student Labor Action Project and Students Organizing for Unity and Liberation. The two groups held a die-in to bring attention to the death of Michael Brown,
an unarmed black teenager who was shot by police officer Darren Wilson in Ferguson, Mo. last year. The groups demanded that Penn pay $6.6 million in payments in lieu of taxes — also known as PILOTs — to the School District of Philadelphia. University spokesperson Stephen MacCarthy wrote in an email that the change was made for logistical reasons.
“Last year, [attendance] exceeded the fire code limit, so we needed to find a larger venue,” he wrote. In August, Gutmann’s annual welcome back picnic for sophomores and juniors was held in Wynn Commons rather than her house as it had been in previous years. At the time, the Office SEE GUTMANN PAGE 2
How much will your kids pay for Penn?
$123,568
$110,370
$88,390
$44,300
20052006
$46,580
20062007
$49,080
20072008
In 20 years, a year of Penn tuition will cost $110,370 SYDNEY SCHAEDEL Staff Reporter
The sticker price of a Penn education has been steadily ticking upward. Tuition has risen as much as twice the rate of inflation in recent years, and experts
$51,300
20082009
$53,250
20092010
$55,250
20102011
$57,360
$59,600
20112012
don’t foresee any change. “I don’t see anything right now that’s going to moderate tuition increases,” said Joni Finney, director of the Institute for Research on Higher Education at the Graduate School of Education. “All the incentives are to increase tuition.” She said that private and public research universities, as well as highlycompetitive liberal arts colleges, will
20122013
$61,800
20132014
$64,200
20142015
$66,800
20152016
“continue to raise prices as much as the market can bear.” Taking into account total yearly cost of attendance from 2006 to present, one can extrapolate that with a steady growth rate, in 10 years it will cost $88,390 per year to attend Penn. In 20 years, it will cost $110,370. If a current 22-year-old senior at Penn has a child when they turn 30, Penn will cost
20252026
20352036
$123,568 per year when that child is 18. *** A spike like this might be fine if one’s parents went the Wharton-to-Wall Street route, but for middle- and lowerincome families, paying for Penn will seem even more daunting than it already does. More students and their families could be put off by the high price tag,
20452046
and some won’t even bother learning about financial aid possibilities. Alex Catalan, a college counselor at The Seven Hills School in Cincinnati and a 2015 GSE graduate majoring in higher education, said Penn’s price has already biased certain students from applying. “Students from the lowest and even SEE PAYING FOR PENN PAGE 9
ZBT brothers skip shaving to save lives
Alumna shatters glass ceilings across industries
Penn’s ZBT chapter among top nine fundraising groups in the nation
Nina Godiwalla has broken barriers in finance and law
helping to shatter glass ceilings in both finance and law.
BOWMAN COOPER Contributing Reporter
RUIHONG LIU Staff Reporter
During November, the members of one fraternity had an unusual excuse to skip shaving — possibly saving lives. Members of Penn fraternity Zeta Beta Tau participated in No-Shave November for the second year in a row. This year, the fraternity raised a grand total of $10,548, making them the ninth largest fundraising team for No-Shave November in 2015 and surpassing their previous donation by more than $2,500. No-Shave November is an online nonprofit organization whose goal is to support cancer awareness and to raise money for the fight against cancer. This year, No-Shave November will divide at least 80 percent of the proceeds equally among the following charities: theAmerican Cancer Society, the Prevent Cancer Foundation, Fight Colorectal Cancer and St. Jude Children’s Research Hospital. “We had incredible buy-in from the brotherhood,” College senior and former President of ZBT Perry Goffner said. He added that the success of this year’s campaign was due to the fact that “just about every single brother made a contribution,” along with support from ZBT’s
While Wall Street and engineering companies are still considered to be male-dominated industries, many women have succeeded in seeking opportunities and gaining recognition in these fields. Nina Godiwalla, a Penn alumna who was recently awarded the 2015 Kathleen McDonald Distinguished Alumna Award, has been actively
Author of a best-selling book As the best-selling author of the internationally acclaimed book, “Suits: A Woman on Wall Street,” Godiwalla has stimulated discussion on the status of women in the corporate world. The book, described by “The New York Times” as “The Devil Wears Prada” of investment banking, traces Godiwalla’s personal journey through the financial industry as a
PENN ALUMNA NINA GODIWALLA
ABROAD BESTS PAGE 2
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