The Hillsdale Collegian 1.27.22

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Students walk to Lane Hall on Wednesday after several inches of snow fell earlier this week. Grace Umland | Collegian

Michigan’s oldest college newspaper

Vol. 145 Issue 16 - January 27, 2022

www.hillsdalecollegian.com

Contact Center to relocate downtown this summer By Michael Bachmann Assistant Editor The Contact Center will relocate to a new office downtown this summer from the basement of Kendall Hall to accommodate the college’s growth. “The move was really necessitated by a shortage of space on campus,” Contact Center Director Mary Mar-

geret Spiteri said. The new Contact Center will open on Howell Street, about a 10-minute walk from campus. According to Spiteri, the workspace will be a modern office with plenty of natural sunlight, something she said is lacking in the basement of Kendall. “Over the years, one thing I've heard is that students are always looking for a way to

bridge the gap between the college and the community,” Spiteri said. “Having an office downtown will be a great way for students to bridge the gap themselves.” The Contact Center announced the plan to move to student employees last week. “I'm super excited about it,” contact center employee and sophomore Reilly Demara said. “The way they described it to us sounds

really cool. It's going to have big windows and they are designing it with Dean Dell, so I know it will be a beautiful space.” Many students, however, say they are concerned about the 20-minute round-trip walk to the new office. “As nice as it would be to get a larger work area with more daylight, being that far from campus is going to be hard for a lot of people

Hockey Club President Zack Niebolt instructs members of the Hillsdale College hockey club team. Courtesy | Anthony Lupi

without transportation to and from campus,” sophomore Justin Doughty said. To encourage students to continue working for the contact center after the move, the new office will have a dedicated study space. Spiteri said this will give students the opportunity to work and study in the same building. This allows them to stay productive after their shift is over or while they are waiting

Career Services launches initiative to equip student entrepreneurs By Elizabeth Troutman Assistant Editor

Hockey Club hits ice for first time since COVID-19 pandemic began By Jillian Parks Collegian Reporter

The Hillsdale Club Hockey Team has returned to the ice this semester after a year off caused by the COVID-19 pandemic. Every Sunday, the team’s nine members travel to Optimist Ice Arena in Jackson to play in the beer league. “A lot of guys on the team have played for several years, some have played for basically their whole life, and some guys are newer to the sport,” senior Ryan Perkins said. “The guys who are more experienced are

just helping the newer guys learn how to play. But overall, everybody’s there to have fun and enjoy playing as a team.” The club started during the 2019-2020 school year, but they took a break last season because of the rink’s mask mandate for players and the college’s policy that club sports avoid interactions with other schools and teams at that time. “It’s exciting to be back, but it’s very early in the season,” junior Eamonn Weed said. “At Hillsdale we’re very focused on academics, and that’s a good thing. So with the club hockey team, we’re not trying to be

Division II athletes, like some of our actual student athletes. We’re just having a good time. And it’s a good way to reconnect with a part of my past and do something that I love outside of school.” Hockey Club President and senior Zachary Niebolt jumped through a series of hoops to found the club: he met with club sports director Brad Kocher, proved the student body’s interest, worked out logistics, and completed paperwork. “I will say Zack has been extremely central to getting the team going, keeping it

moving, and getting the guys together,” Perkins said. “Also, just keeping the team excited to play. Zack’s definitely been the guide for our team.” The team practices every Wednesday night at 8 p.m. in the outdoor rink set up by alumnus Craig Connor ’77, who was a member of the college’s former varsity hockey team. According to Niebolt, Connor’s rink is almost the size of a full National Hockey League rink complete with boards, nets, and extra skates.

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for a ride back to campus. “I think this will be a positive for students who want real business work experience,” Spiteri said. “You already get that in the contact center dealing with callers and friends of the college, but having this seperate office will make it feel like you are getting even more of a business experience.”

A new Career Services initiative will prepare eight entrepreneurial sophomores to launch their own businesses. The Kehoe Family Initiative for Entrepreneurial Excellence is a five-semester fellowship during which students will develop their business ideas through a combination of coursework, interactive learning, networking, and mentorship, and working on various projects and assignments. Fellows receive $2,000 in scholarship per semester from the Kehoe family, totalling $10,000 over the course of the program. Ken Koopmans, initiative director and director of Career Services, said the idea came from the high interest in entrepreneurship demonstrated in Career Services’ annual survey. The college saw this interest and the number of successful graduates who have started their own companies, and started an initiative to provide support to aspiring student entrepreneurs. “The demand was evident, the purposes of promoting free enterprise and private ownership align well with the mission of the college, and the college has so many outstanding connections,” Koopmans said. “It made sense to bring all these pieces together and develop the initiative.” “The Kehoe Family Initiative for Entrepreneurial Excellence was founded to develop the next generation of character-driven entrepreneurs and equip them with the skills and knowledge they need to launch a successful business in the 21st century,” Koopmans said. Applications were open to sophomores in the fall. Applicants were required to submit a resume, cover

letter, writing sample from a Hillsdale class, letter of recommendation from a faculty or staff member, and an essay proposing their business idea and describing why they would be a good fit for the fellowship. In the final stage of the application process, initiative directors interviewed top candidates. “Our inaugural cohort has eight passionate and dedicated students: Caleb Greene, Alydia Ullman, Nicholas Cain, James Simpson, Mary Ruth Oster, Emily Land, Robert McClelland, and Kiley Hatch,” Koopmans said. Hadiah Ritchey ’20, project manager at Career Services and initiative coordinator​​, said the students involved have a variety of interests. “Some people came to the program already having a business they already started,” Ritchey said. “And then some people came with just kind of an idea of something they would love to do in the future.” Sophomore Emily Land said she plans to open her own social media marketing agency specializing in social media management, content creation, and brand strategy. “I decided to apply due to my lifelong gravitation towards entrepreneurial activity,” Land said. “I have started many small businesses throughout my life ranging from lemonade stands to a jewelry company. I love the atmosphere of freedom and hard work that surrounds the entrepreneurial sphere.” Sophomore Mary Ruth Oster has enjoyed developing her plant therapy business idea. “I am excited for the opportunity to gain a better understanding of business and leadership through the classes, lectures, and mentors the program offers,” Oster said.

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Professor Take: Inflation is a big problem in Hillsdale By Sean Callaghan Assistant Editor The current spike in inflation could lead to a recession, according to Professor of Economics Ivan Pongracic. “We are in a situation that we haven’t been in for a long time,” Pongracic said. In December, the rate of inflation jumped up to a record of 7% without declining.

Pongracic said the government has been spending an enormous amount of money since the financial crisis of 2008-09. The COVID-19 pandemic has worsened the situation, he said, with the deficit of the federal government going from $1 trillion to $3 trillion. “The federal government assumed all sorts of emergency power and started spending

as if there was no tomorrow,” he said. Pongracic said the results of low interest rates include mortgages and student loans. “Why have the interest rates been so low?” Pongracic said. “We have engaged in this experiment which will be forced to come to an end in a pretty painful way of incredibly expansionary monetary policy and extremely low interest

rates for almost 14 years now.” He said one of the primary causes for this jump in inflation was the Federal Reserve accommodating the federal government by buying about half of the $6 trillion worth of accrued debt over the course of two years. “There were insufficient private entities, certainly not foreign central banks and foreign governments, that wanted

to buy $3 trillion worth of bonds,” he said. The federal government relied heavily upon the Federal Reserve, creating an unprecedented level of monetization. “Different parts of the government are using the power to create money to finance the fiscal operations of the federal government,” Associate Professor of Economics Christopher Martin said. “This

is worrisome because it means our budgetary decisions are not having to go through Congress as much. The Federal Reserve’s loose money policies are facilitating the volume of spending that we’re seeing.” Pongracic said the Federal Reserve began retracting part of this spending in 2017, but now faces the pressure of the legislature due to the effects of

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