Hey Colleges: Stop Asking Broke Grads for Money
Schools have a lot of nerve given recent grad unemployment, Alexander Aciman writes
By Kevin Spak, Newser User
Posted Mar 27, 2014 12:49 PM CDT

(Newser) – At the end of senior year, Alexander Aciman made the mistake of donating $25 to his college's alumni fund. Now, he knows that's "a lot like inviting a vampire into one's home," he writes at the New Republic. He's now constantly bombarded by calls and emails begging for more. But what bugs him isn't the spam; "it is the fundamental unseemliness of universities' relentless solicitations ... in a country where the current balance of outstanding student loans is 1/15 of the nation's entire GDP."

When Aciman graduated in 2012, more than half of recent grads were unemployed, underemployed, or working jobs unrelated to their majors. They're broke, but schools keep soliciting even tiny donations because graduate donations affect a school's all-important Princeton Review rankings. If schools really want grads to give, maybe they "should develop programs that actively help find employment for students," so they have something to give. "If schools feel entitled to our money after graduation, then we should feel similarly entitled to jobs." Click for Aciman's full column.

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Mar 30, 2014 8:08 PM CDT
Perhaps banks, businesses and anyone wanting to get repaid should place qualifications on which college majors they will finance. It would be interesting to see a report of which college graduates get jobs and which don't.
Chris Farley
Mar 28, 2014 9:30 AM CDT
Half of those calls are not even from the colleges, the colleges only get some of the money. Its small call centers collecting on behalf, to make a profit. Like the PBA and many others. Firts thing I ask when they call, is if its really an employee of the organization they state to be raising funds for, when they say no, tell them to no longer call you.
Mar 28, 2014 8:54 AM CDT
Stop whining! Colleges solicit alumni for donations, always have, always will. They even want you to put them in your will. It used to be mass mailings, now it's emails. This is how they build endowments and that's how you received any scholarships and/or school based financial aid. If you can't help use your delete key. It's actually easier than having to throw a letter in the trash. That's what I had to do when they first started to send me requests right after I graduated and I was dirt poor.