Vol. 6, Issue 12 May 1, 2015
Students’ tuition to rise by $1,722
SPORTS
Check out the sports players, team, coach and moment of the year. page 16
photo by Lia Nydes Franklin Templeton houses both the business office and the financial aid office.
By Bryan Arnott News Editor Eckerd College students will see yet another rise in tuition cost for the 2015-2016 school year. This increase in cost will come out to $1,722. Since the 2011-2012 school year, the cost of attendance at Eckerd has risen from $44,198 to $50,940 -—- a $6,742 increase. The college saw about a 3.4 percent increase in tuition from the 2014-2015 school year.
“In the business model for higher education, you’ll generally see between a three and six percent increase in price annually,” Chief Financial Officer Chris Brennan said. “We evaluate tuition every year in accordance with our peers and national trends.” While the cost of attendance may keep rising, the college’s revenue stays relatively low. Last fiscal year the college brought in $97,141,100 in revenue -—- not counting restricted gifts to the college -—- but spent $96,998,905, leaving it with
$142,195 left over. Since the school is a not-for-profit college, the small margin of revenue they make serves a different purpose than most. “The school is required to demonstrate financial stability for several reasons,” Brennan said. One of those reasons is to maintain accreditation from the Southern Association of Colleges and Schools. The college must also satisfy the financial responsibility requirements of the Department of Education in order to continue par-
ticipation in the federal student aid programs. There are also certain liquidity and debt service coverage ratios that the school must maintain -—the school has about $26,000,000 of outstanding debt right now, mostly related to the construction of Iota and other projects. And, similarly, they must put themselves in a position where they are able to borrow money down the road to fund projects such as the renovations of residence halls.
See Tuition, page 4
Eckerd aims to combat careless consumption By Chelsea Duca News Editor
Springtopia is in full swing, and Kappa Karnival is quickly approaching. The carnival has earned an often over-generalized reputation among students for its party atmosphere and the participation
of some students in large amounts of drinking and drug use. While this reputation often gets overstated and does not apply to the majority of carnival-goers, there is a portion of the student body that does abuse substances at the carnival. According to Vice President for
Student Life and Dean of Students James Annarelli, Eckerd hopes to curb the potentially dangerous levels of intoxication in such students this year. “I want to take an approach to Kappa Karnival that is not only reactive, but proactive,” Annarelli said.
graphic courtesy of Mara Shingleton Please Recycle
INDEX: NEWS
1-4
VIEWPOINTS
5-8
SCIENCE & TECH. 9-10
A & E 11-12
This desire has contributed to the development of #WeCareEC. Students may have noticed #WeCareEC in the window of Brown Hall or the information cards on the tables in the caf. These efforts are part of a plan that focuses on bystander behavior. “With Kappa Karnival and finals approaching fast, students will be experiencing an increase in stress level and looking for new outlets” Resident Advisor and Junior Melody Chaplin said. “This campaign promotes the use of healthy outlets and looking to one another for support.” Annarelli would like to introduce conversations or programs about responsible bystander behavior in the dorms, taking into consideration different students’ needs and reactions. “Freshmen need more face-toface conversation, whereas upperclassmen know the drill,” Annarelli said. He also provided the means for RAs to host dorm events that will best serve their residents.
SCIENCE & TECHNOLOGY
New Spring into Summer course sets sail for Cuba. page 10
VIEWPOINTS
Look back at the history of Eckerd College’s newspapers. page 6
See Kappa, page 3
HEALTH & FITNESS 13-14
SPORTS 15-16
The Current is a free, biweekly student newspaper produced at Eckerd College. Opinions expressed in this publication are those of the writers.