Old Gold&Black “Covers the campus like the magnolias”
VOL 109 , NO. 5
OCTOBER 20, 2022
WA K E F O R E S T ’ S S T U D E N T N E W S PA P E R S I N C E 1 9 1 6
The Cost of Living: Students share experiences with inflation In interviews and a survey issued by the Old Gold & Black, students explain how inflation has affected their ability to pay for tuition, groceries and social activities, among other expenses CHRISTA DUTTON, MADDIE STOPYRA & AINE PIERRE News Editor, Asst. News Editor & Online Managing Editor Global inflation has affected all aspects of American life, including education. Over the next few weeks, the Old Gold & Black will be reporting on how inflation has affected the Wake Forest community at large. This week’s installment will focus on students and tuition/cost of living increases. Over the past two years, the national increase in inflation has contributed to a spike in Wake Forest University’s campus costs, which some students say have led them to struggle with buying basic necessities. Fees such as tuition, dining and housing have increased since the beginning of the COVID-19 pandemic that began in March 2020. Total student charges have risen by 7.47%, from $77,278 to $83,054. Professor of Economics Dr. Robert Whaples explained two key reasons why inflation is on the rise. “First, Congress spent a lot of extra money fighting the pandemic — multiple trillions of dollars — and then people started spending it, and that's gonna push prices up. The other thing is that the Federal Reserve has been increasing the money supply. There's a pretty classic finding in economics that when you have more money, chasing the same amount of goods, it's going to push the prices up.” As of August 2022, the annual inflation was 8.3%. In June, inflation was at 9.1%, the highest in 40 years. Since the pandemic, growing prices of utilities, building maintenance and dining have contributed to higher student fees. The increase in cost of living due to inflation has affected some students’ ability to pay certain expenses. The Old Gold & Black con-
ducted a “Cost of Living” survey to meeting 100% of demonstrated figauge how rising campus costs are nancial need. affecting students. The survey did “Wake Forest is among a select not collect an adequate number of group of universities in the country responses, making the quantitative that meets 100% of each student’s data unrepresentative. demonstrated financial need,” Tom Students did however share their Benza, Director of Financial Aid at experiences with inflation. Wake Forest, said. “Our financial aid Some scholarship students, like budget grows each year in proporsenior Jordan Bramley, rely on a tion to the cost of attendance. We stipend to pay expenses during the have a robust analysis process with school year. The increased cost of yearly updates to ensure equitable living has lessaccess to our need“There are a lot of friend groups based scholarship ened how much students can funds. If a student pay for with and groups of people in general that has questions about that allocated I cannot really form relationships eligibility for institumoney. tional scholarships, Since the with because their interests involve we welcome student COVID-19 consultations with so many excess costs." pandemic bethe financial aid ofgan, Bramley fice.” - senior Jordan Bramley has run out of Despite the asstipend money surances of the Fiby the last couple months of each nancial Aid office, first-generation semester. Before inflation was at restudent Dianna LaTerra expressed cord heights, Bramley would finish concern regarding need-based scholthe semester with money left over, arships. When asked how the Wake and he was buying a similar amount Forest community has been impacted of groceries to what he buys now. by inflation and rising tuition prices, “I am in an apartment this year LaTerra described the challenges and planned on using the apartstudents can face if they are eligible ment-style meal plan,” Bramley for the FAFSA but do not have a responded on the survey. “With high Expected Family Contribution the cost of groceries now, the in(EFC) score — an index number crease to my stipend was not nearly that universities use to determine enough to offset the costs that I will how much financial aid a student is incur cooking for myself. I do not eligible to receive. know how I will eat for the entire “What worries me the most about semester.” tuition is the people who are finanBramley said that he has had to cially eligible for the FAFSA but their borrow money from his friends on EFC score isn’t as high,” LaTerra multiple occasions and at one point said. “They may have to pay more out in time lost upwards of 10 pounds of pocket or out of private loans than because he had to limit his eating. someone who can pay for [tuition] The Financial Aid office, in a statethemselves. I think that those people ment to the Old Gold & Black, are the most impacted by it.” clarified their stated commitment to See Inflation, Page 3
Supreme Court to hear Affirmative Action lawsuits; University will remain committed to diversity BREANNA LAWS & HOPE ZHU Staff Writers Despite the Supreme Court hearing a challenge to affirmative action on Oct. 31, Wake Forest's Office of Admissions assured the Old Gold & Black that its admissions process will not change. Three lawsuits were filed against Harvard University, the University of North Carolina at Chapel Hill and the University of Texas by the anti-affirmative action group Students for Fair Admissions (SFFA). Affirmative action is a set of policies implemented primarily within higher education and employment. The primary purpose of these policies is to encourage the inclusion of individuals of historically underrepresented groups. This includes minority populations in the context of gender, race, sexuality or ethnicity. Those who oppose affirmative action say that these practices run afoul of the 14th Amendment’s Equal Protection Clause (in the case of public universities like UNC-Chapel Hill and the University of Texas) and Title VI of the Civil Rights Act of 1964 which prohibits private institutions that receive federal funds (like Harvard or even Wake Forest) from discriminating on the basis of race. No matter what the Supreme Court decides, Wake Forest Admissions told the Old Gold & Black that they remain committed to creating a diverse community. “We do not know if and how the Supreme Court may reinterpret its position on affirmative action,” Eric Maguire, vice president for enrollment at Wake Forest Admissions, said.
See Affirmative Action, Page 4
What's Inside NEWS Students determine which state to cast ballot Page Three
ENVIRONMENT Fostering connections on Indigenous People's Day Page Five
FEATURES Project Pumpkin: a return to normalcy Page Seven
OPINION Voter suppression is deeply American Page Ten
SPORTS Women's soccer goes 1-1 in recent ACC play Page Twelve
LIFE Hans Neimann cannot be trusted Page Sixteen