Word: alumni
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...variety of university students, alumni, and officials in the early nineteen eighties foresaw the inherent conflicts of interest in traditional financial aid offices...
...Along with several other notorious alums, all three are listed in the post.harvard.edu alumni directory, entitled to receive invitations to class reunions, and allowed to make donations to Harvard...
Their solution was the creation of autonomous but university-affiliated financial aid entities whose boards would include only the payers of educational costs: parents, alumni, and students. From this concept emerged the student credit union initiative. Successful student credit unions have emerged at the University of Pennsylvania and at Georgetown University. These entities have prospered for over 20 years. Their potential will not be fully realized until they assume their logical mandate of administering student loans independent of the university. Such a financial office would enable the university to recuse itself from administering student loans...
...very least, these alternative loan offices would be fully accountable to their student, parent, and alumni members. Betrayal would be more difficult under such circumstances...
...kinds of professional connections, minority or otherwise. “What I don’t want is students thinking that ‘I’m an African-American female and the only people at Harvard who are willing to help me are other African-American female alumni,’” Wright-Swadel said, emphasizing that Harvard’s professional network and resources are open to all students. GetConnects currently has 700 students in its database and is negotiating contracts with its first businesses. Terry declined to name the businesses...