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Archive for “Drexel” news
Don’t Look Now, But Drexel Women’s Hoops Playing for NIT Championship
By Simon van Zuylen-Wood 4/04/2013
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While consumed with Kevin Ware's horrific injury and Mike Rice's abusive behavior, I suspect many of us missed the local NCAA angle: Drexel women's basketball is on the verge on winning the NIT championship. (The NIT is the tourney for teams that barely missed the NCAA tournament cut-off.) Last night at the DAC, the Dragons dispatched with the University of Florida, and on Saturday will face the winner of the other Final Four semifinal, between Utah and Kansas State. Those schools are bigger and richer than Drexel. But they don't breathe fire. Or have goofy billboards up on I-95. [Inquirer]
“Dorm Room Fund” To Expand From Philly Roots, Go Nationwide
By Joel Mathis 4/02/2013
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The New York Times profiles the "Dorm Room Fund," a kind of junior venture capital effort that supplies small grants to entrepreneurial students and Penn and Drexel.
In September, First Round started the Dorm Room Fund, putting $500,000 in the hands of an 11-member investment team of college students from the University of Pennsylvania and Drexel University. The board has already considered some 200 student-led ventures in the Philadelphia area and selected six for investments averaging $20,000 apiece. The recipients include Firefly, a developer of co-browsing customer support software, and Dagne Dover, a handbag and accessories brand. And starting this spring, First Round is
Drexel Law Offering Students 2-Year, Vacationless Degrees
By Simon van Zuylen-Wood 4/01/2013
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No, this isn't some University of Phoenix type pseudodegree. Drexel University's Earle Macke School of Law is giving students the option to graduate in two years, rather than three. Given rising levels of student debt and law school tuition, this seems like a no-brainer, right? Well, there's a catch: It won't actually cost you less. Instead, you're paying the same price, but forgoing your summer vacation. Sure, you save an extra year of housing costs and get to the job market faster, but the degree may not be all it seems at first glance. [Inquirer]
What Drexel Is Doing to West Philly (and My Paycheck)
By Kathleen Volk Miller 3/11/2013
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My office at Drexel is on the corner of 33rd and Chestnut. Seven years ago, when I first started teaching there, I was grateful that the bookstore was in my building, so that I could easily pick up bottled water or a bag of soy crisps on my way in and out of the building. Between that and the plethora of awesome lunch trucks in the neighborhood, I have been satisfied.
Drexel Gets in on All This Perelman Philathropy
By Joel Mathis 2/07/2013
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Apparently, this is the week for people named Perelman to make college giving officers super happy. Just days after Ronald Perelman donated $25 million to Penn for a new political science center at 36th and Chestnut, his father, Raymond, has donated $5 million to Drexel University for construction of a campus plaza. "Officials envision Perelman Plaza becoming the university's primary outdoor social and event space. They plan to break ground this summer," reports the Enquirer-Herald. "The area is currently a pedestrian mall that has been partially closed due to construction of a new building for Drexel's business school." Somewhere, Jeffrey Perelman
University City Skyscraper to House Penn, Drexel Students
By Simon van Zuylen-Wood 2/06/2013
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A 33-story, $159 million tower is slated to open in University City in fall of 2014. The dorm (yeah, I guess that's what it is) will house Penn and Drexel students, and is part of the area's Cira Centre South mixed-used development. The effort is a collaboration between Campus Crest Communities, Harrison Street Real Estate Captital, and Brandywine Real Estate Trust, which is spearheading the Cira Centre project. [Wall Street Journal]
Drexel Entrepreneurship School to Teach Entrepreneurs How to be Entrepreneurial
By Simon van Zuylen-Wood 2/01/2013
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Using $12.5 million in donations from the Charles and Barbara Close Foundation (Charles is class of '36), Drexel is founding a School of Entrepreneurship. Called, you guessed it, the Charles D. Close School of Entrepreneurship. It'll be the first one of its kind in Philadelphia. Though it's sort of unclear what will actually be learned there. Take the planned "Entrepreneurship Living-Learning Community," "where like-minded students will live in a residential environment dedicated to entrepreneurship programming." Also: "the School will also serve the regional entrepreneurial and business community through its thought leadership in entrepreneurship research." Sounds interesting! [Technically Philly]
Drexel Vending Machine Lends Out MacBooks
By Joel Mathis 1/10/2013
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Now there's a new reason to be jealous of the kids at Drexel University: While the vending machines in your office probably dispense Cokes and corn chips, the new vending machine in the university library lends out MacBooks, free of charge, to students. The machine holds up to 12 of the laptops, and students can use their ID cards to check out a computer for up to five hours at a time. "“Students didn’t want to carry their laptops to the libary late at night," a university spokeswoman said. “We’ll evaluate their use and, depending on the results determine how many more we
Drexel’s Debt Among Highest in the Country
By Simon van Zuylen-Wood 12/14/2012
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Drexel's paid a high price for all its rapid growth. $467 million, to be specific. To fund its new student center and science center biowall--the tallest in the world--Drexel has primarily been a borrower. According to a New York Times report on schools in the red (Harvard is six billion dollars in debt; Miami of Ohio owes $444 million), Drexel president John Fry vows to even up the school's balance sheet by leasing campus land to private developers and by entering partnerships with other institutions, like last year's merger with Philadelphia's Academy of Natural Sciences. With universities eager to pay
Pennsylvania Students in Class of 2011 Have Second-Highest Debt in the Nation
By Mike Bertha 10/18/2012
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Pennsylvania's college graduates in the class of 2011 have an average student debt of $29,959. That's good for second highest in the nation. Only grads from New Hampshire come out of their undergrad careers with more debt on their shoulders. A study from the Institute of College Access & Success also indicates that 70 percent of 2011 graduates in the Keystone State that have debt stapled to their diplomas. Only six states in the union have a higher rate. Now if you'll excuse me, I've got to take this call... my loan collectors are blowing up my cell. [TICAS]
