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A Window to the Soul How Reflection Deepens Service Saint Joseph’s University, Spring 2009 A Window to the Soul How Reflection Deepens Service Sr. Mary Scullion, R.S.M. ’76 Take Our Pop Quiz! Arrupe Center Execs Expose Brings Them H.O.M.E. Ethical Implications of Economic Crisis FROM THE PRESIDENT There is no question that the current global economic situation has affected all of us, as well as our loved ones, in real and palpable ways. Optimistic headlines seem infrequent, and many of us face significant financial challenges. At Saint Joseph’s, these are trying times as well, and it is important that we remain true to our core mission as a Catholic and Jesuit university. Our highest priority remains providing an excellent educational experience for our students as we work to manage our expenses without jeopardizing any of our programs. Recently released statistics related to the state of higher education in our country are alarming. A report from the College Board’s Commission on Access, Admissions and Success in Higher Education discloses the startling decline of educational attainment in the United States. According to this study, our nation’s college completion rates have plummeted. Though we were once ranked second in the world for workers aged 25 – 34 with advanced degrees, we now rank 11th. America is in danger of losing its place as a world leader in education. Now, more than ever, given the extreme economic environment, it is essential that our country make a lasting commitment to educating those who are qualified. I am truly grateful to our alumni and benefactors who have taken a leadership role in support of Saint Joseph’s and especially thankful to those who continue to do so during these difficult economic times. Your dedication to the University redounds in myriad ways for our students, our nation — and the world — especially when you support scholarship funds and the Saint Joseph's Fund that make this remarkable Jesuit education possible for needy and worthy students. This leads me to another, more promising statistic. According to the Association of Jesuit Colleges and Universities (AJCU), the 28 member institutions of the AJCU provided $1.1 billion in financial assistance to students — both need and non-need based — for the 2007-08 academic year. At Saint Joseph’s, we supported 85 percent of undergraduates with nearly $40 million in financial assistance. I thank you for your contribution to this shining example of engaged philanthropy. As alumni, parents and friends, you are integral and cherished members of the Saint Joseph’s community, and you play a vital role in the legacy of the University when you live your lives in fulfillment of the core values that guide us. During this trying time, it is paramount that we cleave to the fundamental Ignatian ideals — cura personalis; dedication to the Magis; pursuit of the greater good; and the service of faith together with the promotion of justice — that can and will make a positive difference for our students and for those they encounter. God’s blessings, Timothy R. Lannon, S.J. President $ & " & & & ! " # $ & '"(") #!* +, -.!!" *" $ $ "+#/# 0"/1- " * + , ,- ,,. % $ ! ,- /# 02 , )+ & #& + ! !!" " ! , ", +.3) # " "& !" # + " - 1 - $ # +#2!(# "$ # 4-0" %" ##, " '#"0 # ! # ! 5!!0"!$ % 1 ) 2 34 ## - - (H& "" - & '# " !& -&I & ) $ *'( ) ) !" ( ) * +( ((" # ( () 5" * *$ +(" 6. (, $"- $$ - +3(% ) &$ '( "#$ ! !" "#$ % ("-5#H & ## ( # !"H ! ,&+& , $ /$ 62 '7+(#! " # + & F4 8<,( $ > "!D A*# +&+&8)0$ +#+$"! +&)'&#+.)<1$ )) 9 > 9 99 8:# ( ###-# ! 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