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McPherson College Bestows Honorary Doctoral Degrees on Melanie and Richard Lundquist for Body of Work Creating Systemic Change

Melanie and Richard Lundquist

Melanie and Richard Lundquist

McPherson College has conferred honorary doctorates on Melanie and Richard Lundquist to recognize the couple’s significant body of work in driving systemic change in K-12 public education, health care delivery and innovation as well as the environment. The Doctor of Humane Letters (LHD) degrees are awarded by McPherson College’s Board of Trustees and faculty, who voted unanimously to recognize the Lundquists with the honorary degrees. A special ceremony is being planned on campus for October 2021, contingent on COVID protocols.

In awarding honorary degrees, McPherson College aims to recognize and honor individuals who have distinguished themselves for their achievement and efforts that align with the college’s mission of developing whole persons through scholarship, participation, and service.

“McPherson College is proud to honor Melanie and Richard Lundquist for their body of work that has driven systemic change in so many ways,” said Michael P. Schneider, president of McPherson College, who conferred the degrees virtually earlier this month.

“The Lundquists bring joy and possibility to our life’s work at McPherson College and the work of so many others. They have carved out a path less traveled – helping to improve outcomes for people, especially those living at the margins. While they have created significant and positive impact through their philanthropy, especially in California, their reach touches us in Kansas and in so many other parts of our country. They have been invaluable members of the McPherson College community for years, providing counsel on many matters and expanding our network through their vast connections. We’re truly lucky to have Richard and Melanie as members of the McPherson College family and this conferral recognizes that,” said Schneider.

Melanie and Richard Lundquist are agents of change and two of California’s most significant philanthropists. Their gifts have created the Partnership for Los Angeles Schools, a sustainable, national turnaround model for underserved non-charter K-12 public schools that works within the Los Angeles Unified School District. They have also helped transform health care delivery and spur biomedical research and innovation.  They committed $70 million in February 2019, as an unrestricted gift, to the Los Angeles Biomedical Research Institute (LA BioMed), which was renamed The Lundquist Institute. The institute has more than 120 medical researchers working on 600 studies, including therapies for multiple orphan diseases.

The Lundquists have also led efforts to invest in solutions to climate change through AltaSea at the Port of Los Angeles and critically important marine mammal research at the Marine Mammal Center, the largest marine mammal hospital in the world, located in Sausalito, Calif.

The Lundquists are signatories of the Giving Pledge, the movement where some of the world’s wealthiest individuals and couples commit to give more than half their wealth away. In June 2018, the Chronicle of Philanthropy featured the Lundquists in a profile story titled “A Lifetime Commitment: LA couple, who have signed the Giving Pledge, donate to groups that need them the most.” They have appeared four times on The Philanthropy 50, the annual list of America’s 50 most generous philanthropists, published by the Chronicle of Philanthropy.

The conferral of the honorary doctorates recognizes the Lundquist’s unique mission to leverage their philanthropic commitments to affect significant and measurable impact through driving systemic change, focusing on areas where their gifts can change systems as well as fortunes, not just make incremental progress. They choose not to follow the crowd; instead, they seek to kick off a virtuous cycle that attracts other donors.

“This is humbling for Richard and me. We are especially touched that the honorary degrees are being conferred by McPherson College, a place that for over 130 years has been educating students with a special focus on service. That commitment to others is what inspires us as well. We have had the pleasure of getting to know many McPherson College students and hosting them in California. They are indeed special. Additionally, it takes smart leaders to move a college ahead, and we appreciate the good work of President Schneider and his team. Richard and I look forward to visiting campus in October. We are proud to be Bulldogs,” said Melanie Lundquist.

Founded in 1887, McPherson College is set on a 27-acre campus in McPherson, Kan., one of the top 100 small towns in the U.S. and offers 30 majors and pre-professional programs. US News & World Report ranks McPherson College as one of the top colleges for “social mobility,” enrolling and graduating large proportions of disadvantaged students and as one of the region’s most innovative colleges for innovative improvements in terms of curriculum, faculty, students, campus life and technology or facilities.

The Lundquists’ relationship with McPherson College started in 2014. They were introduced by Paul Russell, chair of the Automotive Restoration National Advisory Board, and since then, have committed well over $1 million to the college’s auto restoration program, the only award-winning four-year bachelor’s degree program for automotive restoration technology in the country.

“The Lundquists are champions for McPherson College’s mission, and more importantly, they are role models for our students – they are people of passion and commitment, focused on improving humanity. We are proud to recognize them with these honorary degrees,” said Amanda Gutierrez, vice president for the college’s auto restoration program. “Their work has created measurable results everywhere they go, and it proves that thoughtful philanthropy can lead to meaningful change.”

Melanie holds undergraduate and graduate degrees from the University of Southern California in communicative disorders/speech pathology and audiology, as well as a credential as a specialist in special education. Richard holds an undergraduate Bachelor of Science from the University of Southern California.

While Washington Debates The Student Debt Crisis, Higher Ed Should Take Action On Its Own

By Michael Schneider, President
McPherson College

Washington, D.C., has been debating the student loan debt issue for years. While politicians argue—and the $1.7 trillion in student debt grows, crippling millions of Americans—McPherson College is taking action. Our Student Debt Project is a practical approach to financial aid that allows our students to pay as they go. It’s a program that blends financial literacy education, mentorship and work ethic, while reinforcing life-skills and values of personal responsibility, self-reliance and financial well-being.

And at the end of four years in the Student Debt Project, our students expect to graduate with little—to zero—debt. That’s a healthy start to their post-college lives, with the financial freedom to become homeowners, start families, and live free of the burden of college debt.

The student debt crisis is real. Nationally, one in five borrowers is in default. In Kansas, 377,000 residents now owe a combined $12.24 billion in student loans, according to the U.S. Department of Education Enterprise Data Warehouse. The total amount of student loans owed by Kansans is up nearly $1 billion dollars since I wrote my first student debt editorial in September 2019.

I am not opposed to student loans, but these totals are irresponsible. At McPherson College, we are proving that large loans are not necessary for a college degree.

By the end of the 2020-2021 academic year, more than 200 McPherson College students will be participating in the Student Debt Project, each assigned to cohorts with over 50 mentors who offer monthly advice on building a budget, setting personal and financial goals, and staying on track to achieve them. Our Career Services department assists each student in finding paid internships or other part-time work to help them pay down their debt. This year, students have already reduced their projected debt at graduation by nearly $10,000 per student. That’s more than a 30-percent reduction in debt, and many still have one, two, or even three more years of college to bring their debt lower or eliminate all of it.

And, as an added incentive, McPherson College matches 25 cents for every dollar the students earn and apply toward reducing or avoiding student loans.

I’m proud of students in the project and want to share a story from a freshman from Goodland, KS. Lola Hipp studies graphic design at McPherson College. She and her older sister are the first in their family to attend college. But the siblings had very different college experiences, and they both think their story is important to share.

Lola’s sister attended a state university but eventually returned home, not only dissatisfied with the state school’s program, but also saddled with more than $25,000 in debt and no college degree. Lola didn’t want to repeat that experience and is working to pay off her college as she goes. She is on track to owe less than $15,000 at graduation, which is half the national average.

Regarding the possibility of national student debt forgiveness, Lola says, “It’s nice for people who have already graduated, and I hope it comes through. But I’m not going to be banking on someone else paying down my loans. I’m proud of myself for working while going to college. I don’t want to rely on the government to pay my debt for me.”

As early as 1996, Congress recognized the issue of rising student debt with the Student Debt Reduction Act of 1996. The name of the act is a little misleading as the act just focused on reducing loan origination fees for high-need students—which is a good idea, but it is hard to see the impact today. It’s been 25 years since this act was introduced, and there have been a handful of other debt reduction acts in Congress since; however, the problem remains unresolved.

We can’t afford to wait for a solution from Washington. Can you?

Alumni & Friends Make Power Day 2021 Another Great Success

McPherson College’s Power Day 2021 set a new record for the number of alumni and friends participating and raised over $193,000 for the college. The annual online day of giving, which supports students and programs across campus was March 11.

In its seventh year, 342 alumni and friends of the college made gifts that helped unlock four matching challenges that totaled $85,000. The challenge gifts included:

  • $50,000 match from the Paul family for gifts made to the MC Fund, academic programs, or to the Student Debt Project;
  • $15,000 match from the Van Goethem family for gifts made by young alumni;
  • $10,000 match from Stella Koch and Dave Kinney for gifts made to the automotive restoration program;
  • $10,000 match from the Van Goethem family for gifts made to athletics.

“Power Day is not just a day of giving but a time for us all to celebrate and remember what McPherson College means to us,” Dave Barrett, coordinator of Power Day, said. “This is the place where many of us were allowed to grow, learn life lessons both in and out of the classroom and meet forever friends. Power Day is an opportunity for our alumni and friends to make an investment in the next generation of MC students, and allow them to have their own unique MC experience and recognize what makes this place so special.”

The one-day giving blitz featured live and pre-recorded video messages throughout the day on the college’s social media channels. This year’s Power Day theme was “Building community wherever life takes you” and alumni were encouraged to share their stories about the MC community leading up to Power Day. Donors were also encouraged to leave comments throughout the day, which were shared on the college website. Common themes were gratitude for community, support, and quality education.

“Everything good in my life over the last twelve plus years has happened as a result of going to McPherson College and I am forever thankful for that,” Mitch Leppke ’13, said in a comment posted to the website.

Although the focus of Power Day is online giving, Barrett said it is also a day to reconnect with friends and communicate why it is important to support the next generation of students through scholarships.

“As we look to continue our tradition of successful fundraising, it will take a new generation of support,” President Michael Schneider said. “Power Day is one demonstration of our alumni and friends stepping up to make that happen.”

More information about Power Day, including all of the videos and alumni comments, can be found at www.mcpherson.edu/power.

McPherson College Honors Employees’ Years Of Service

Service Award Drive-thru

President Michael Schneider presents the McPherson College Service Award to Monica Rice, director of alumni and constituent relations, at a drive-through awards and dinner celebration.

McPherson College celebrated a combined total of more than 270 years of service to the college when it recognized faculty, staff, and board of trustee members. Faculty and staff were treated to a drive-through dinner and awards presentation on campus. This year’s event replaced the reception and dinner traditionally held honoring those who have served the college from five to 30 years.

Members of the campus administrative team presented the honorees with their award and take-out dinners prepared by the campus food service in front of the campus entrance on Thursday, February 26.

“The outstanding achievements and accomplishments by the honorees in the classroom, within individual departments, and in the McPherson community propel the college beyond being a great college to work for,” said Brenda Stocklin-Smith, director of human resources. “These honorees facilitate world-class experiences for our students and it is in this deep sense of campus community where our students excel to be leaders of the future.”

Those honored included:

5 Years

  • Chris Clark, assistant professor of technology
  • Amber Dittert, assistant professor of mathematics
  • Stephen Hoyer, assistant professor of sociology
  • Kirk MacGregor, associate professor of philosophy and religion
  • Heather Mierkiewicz, admissions operations associate
  • Kevin Morris, computer services assistant
  • Bryan Moses, head baseball coach/assistant athletic director of internal operations
  • Matthew Porter, assistant professor of business
  • Nathan Pollard, assistant professor of digital media
  • Monica Rice, director of alumni and constituent relations
  • Erik Vogel, vice president for advancement

10 Years

  • Norman Hope, associate professor of business
  • Josh Hubin, director of admissions
  • Marty Sigwing, director of facilities
  • Dustin Wilgers, associate professor of natural sciences

15 Years

  • Becki Bowman, professor of communication
  • Andrew Gustafson, athletics grounds supervisor
  • Tom Hurst, Sr., adjunct and former director of service and campus pastor

20 Years

  • Garrick Green, professor of automotive restoration technology

25 Years

  • Laura Eells, professor of sociology
  • Linda Barrett, coordinator of student success and engagement

30 Years

  • David Barrett, advancement officer
  • Connie Stucky, facilities office manager

Board of Trustees

  • Vincette Goerl
  • Dr. Paul Ullom-Minnich
  • Bill Grove
  • Carol Leland

Gift Funds Scholarships for Future Women Leaders in Health Care

The Carolyn Beach Endowed Scholarship Fund will provide approximately 10 health science scholarships for McPherson College students

McPherson College has announced an estate gift of nearly $1.7 million to create the Carolyn Beach Endowed Scholarship Fund – a permanent fund to award scholarships annually to students, especially women—pursuing careers in the health science field.

Carolyn Beach attended McPherson College from 1958 to 1960. She passed away on August 20, 2020.

“Carolyn wanted the resources she accumulated through her life’s work used to impact others with similar career interests,” McPherson College President Michael Schneider said. “The impact of Carolyn’s estate gift will be far-reaching, touching the lives of many McPherson College students.”

As a student at McPherson College, Beach fondly remembered several science professors, specifically, Dr. John Burkholder and Dr. Wesley DeCoursey, who laid a solid foundation for her future career in health care. She also competed in basketball and softball. She was influenced by Dr. Doris Coppock, a long-time former teacher and coach. Beach chose to attend McPherson College because of its strong connection to the Church of the Brethren. She later transferred to the University of Iowa to follow her dream of earning a degree in medical technology. She lived most of her adult life in California where she enjoyed a rewarding career as a medical technologist with Kaiser Permanente.

“Carolyn was motivated to support McPherson College because she experienced the importance of personal interaction with professors and recognized that was still taking place today for our students,” Erik Vogel, vice president for advancement, said. “She also appreciated the college’s efforts to help students graduate debt-free through the Student Debt Project, the high job placement rate for our students, and the college’s ongoing relationship with the Church of the Brethren. Carolyn was further impressed that $1 million in local support had already been committed to McPherson College’s health care initiative.”

The Carolyn Beach Endowed Scholarship Fund will provide approximately 10 health science scholarships for McPherson College students. Beach’s ultimate desire was for her scholarship fund to enable hard-working students, who are excited about a career in health science, the ability to earn their college degree. Further, she wanted to give opportunities to other women like her by removing financial barriers that might deter them from following this career path.

This fall, McPherson College introduced the new Health Science program, which offers majors in health science and health care management. The program focuses on creating health-related career pathways for students while engaging them in the community. Partnerships with local and regional health care agencies, like the one with McPherson Center for Health, announced last year, provide students with hands-on educational opportunities in a variety of health care settings.

In The Post-Pandemic Workforce, The Best Protection May Be A Debt-Free College Degree

By Michael Schneider, President
McPherson College

The pandemic has changed the way many families think about affording a college education. Parents are nervous as 52 percent of college-bound students say they are reconsidering college due to a change in their family’s financial circumstances. But what if you could get that four-year degree without any debt?

MC student Meghan Smith

Meghan Smith, a sophomore from Lindsborg, Kansas, is on track to have zero debt at graduation.

Meghan Smith – a Lindsborg, Kan., sophomore double-majoring in business administration, with an emphasis in accounting and finance, and communication – says that after visiting four other mid-sized public and private colleges in Kansas, “I definitely felt like I was being forced to take out a loan to pay for college. It’s just assumed by college counselors that you will have to take out a loan and nobody tells you otherwise.”

But when she visited with McPherson College financial aid counselors, for the first time on her college tours she heard something different.

In addition to scholarships, McPherson College’s Student Debt Project offers a practical way to pay for college without taking out student loans. It’s a unique pay-as-you-go plan, combining financial literacy education, mentorship, and job support to help students pay down their student debt before they graduate. Most importantly, the Student Debt Project matches 25 cents for every dollar the student earns and puts toward his or her debt.

During the 2019-2020 academic year, students participating in the Student Debt Project were able to reduce their projected debt at graduation, on average, by $10,000. In just one academic year, that’s more than a 30 percent reduction.

And for some students like Meghan, the debt was reduced to zero. After three full semesters in the program, Meghan has now wiped out all her student-debt and expects to have her spring 2021 semester paid off early, too.

She, and the nearly 200 others in the program, are working outside jobs, maintaining above-average GPAs, participating in sports and extracurricular activities, and still staying on track to graduate with little – to no – debt. They receive monthly mentoring from more than 40 volunteer professionals who help them develop lifelong skills in personal finance as they offer advice on time management, budgeting, and goal-setting.

The mentorship – coupled with support from our Career Services office to find parttime jobs and paid internships – makes the program far more than a financial aid supplement. It also adds valuable career skills to the students’ resumes – even before they graduate.

Meghan, who landed a job last fall as a paid intern with southcentral Kansas accounting firm Swindoll, Janzen, Hawk & Loyd, tapped the college’s Career Service staff for advice on her job search. She is also able to receive college credit hours toward her degree.

When I asked Meghan what advice she would give other college-bound students, she didn’t hesitate: “Larger colleges don’t care if you get deeply in debt, but McPherson College does. They push you toward a debt-free goal and have people willing to help you succeed. Without student debt, you can buy a house or a car sooner after you graduate. You can even take a job that pays less, but lets you do something you like more. Those are good options to have as you start life after college.” 

Jobs in the Post-Pandemic Workforce

One thing history shows us is that the value of a college degree is long-lasting. It broadens a person’s employment options and, on average, leaves them better able to withstand job market ebbs and flows. In any downturn, college grads are generally the last to lose their jobs. Equally as important, college grads are generally the first to be re-hired at the start of any recovery.

According to the Census Bureau, about 90 percent of the jobs that were added between 2017-2019 went to college graduates. And McPherson College has a proven track record of helping students find their match. Currently – even amidst the pandemic – 95 percent of our class of 2020 graduating seniors have either accepted job offers or been accepted to graduate school.

Too often we are asking the wrong question when it comes to a college education —”How much is this going to cost?” Rather than considering important outcomes and asking, “What is the return on my investment?” At McPherson College it is simple – we care what happens to our students after graduation – just ask Meghan Smith. A job and no debt is a great way to start your life after four years in college.

McPherson College Reports 95 Percent Placement for Class of 2020

In a year that stretched health care resources to their limits, McPherson College graduate Stefan Krsmanovic gained valuable job experience on the front lines as an intern with the McPherson County Health Department during his senior year. It is what eventually helped him secure a position with the Sedgwick County Health Department after graduation.

Krsmanovic is just one of many success stories from the McPherson College graduating class of 2020, according to Amy Beckman, executive director of career services. Since commencement in May, 95 percent of the class has secured employment or further education. Additionally, of those graduates with jobs or graduate school placements, 82 percent had at least one internship while at McPherson College.

“Despite an uncertain job market because of the pandemic, our students remained successful in securing their first job,” Beckman said. “Our placement numbers are very similar to previous years, which I think is remarkable considering all of the challenges this class faced. I think their success illustrates the value of a liberal arts education that produces graduates who can adapt to the job market.”

While many colleges report placement rates similar to McPherson College, President Michael Schneider says the college’s placement numbers are a true reflection of its graduates.

“We can account for nearly every graduate when we track our outcomes,” he said. “Most colleges can account for only 10 to 20 percent of any graduating class. When we report 95 percent of a class has secured employment or further education, we are talking about the entire class not just a portion of the class. When you add our strong placement rate to our efforts at reducing student debt through The Student Debt Project, McPherson College graduates are getting a head start at a successful future.”

The Student Debt Project, now in its second full year with nearly 200 students participating, combines financial literacy, mentorship, and matching funds to show students how they can reduce their college debt before graduation.

Kylee Martin, another 2020 graduate, was in the pilot group of the Student Debt Project. Although she was not able to participate in the project for her entire time at the college, by paying on her college account while in school, she has been able to graduate with a reduced amount of student debt allowing her to focus on starting a career as a marketing coordinator for Motion Products, Inc. in Neenah, Wisconsin.

“Participating in the Student Debt Project at McPherson College allowed me to focus on gaining real-life experience through internships and secure a full-time job before I graduated,” Martin said. “Knowing that I have paid a significant portion of my college debt has given me confidence in my financial situation. This wouldn’t have been possible for me without the Student Debt Project. The program gave me the opportunity to pay off as much debt as possible while in college and taught me financial knowledge that I will use throughout my entire life.”

Like Martin, many McPherson College students were able to secure employment or graduate school placements prior to their commencement. According to Beckman, half of the recent graduating class had outcomes prior to commencement.

“I am very proud of our students for accomplishing so much during this pandemic,” Beckman said. “Our graduates entered a variety of different job markets across the United States this year, and they were able to successfully find jobs or further their education. It is a significant feat in our current environment.”

McPherson College Announces New V.P. for Student Affairs

Shana L. Warkentine Meyer

Shana L. Warkentine Meyer will join McPherson College as vice president for student affairs.

Shana L. Warkentine Meyer will join McPherson College as vice president for student affairs after the completion of this academic year. She brings more than 23 years of administrative experience in higher education to the position including her current role as interim vice president for student affairs at St. Mary’s College of Maryland.

“McPherson College is fortunate to have found somebody with the depth of knowledge and experience to fill the leadership role in student affairs,” President Michael Schneider said. “I am grateful for the leadership from Interim Dean of Students Jamie Pjesky the past nine months. Shana is a welcome addition to a team focused on strengthening the McPherson College student experience.”

Throughout her career, Meyer has provided institutional leadership in student development, risk management, diversity training, budgeting, strategic planning, master planning, crisis response, and assessment. Additionally, she has held leadership positions in the National Association of Student Personnel Administrators including representing 10 states as a regional director and as vice president for student affairs initiatives on the organization’s conference planning subcommittee.

At McPherson College, Meyer will design and manage all student-driven programs that attract potential students, enhance student development, promote retention, and enrich the academic experience for all students. She will oversee student life initiatives, residential staff and activities, coordinate dining and healthcare, work with academic services, and promote safety throughout all aspects of student affairs.

Prior to her current interim position, Meyer served as vice president for student affairs at Missouri Western State University in St. Joseph, Missouri, and as assistant vice president of student affairs at Fort Hays State University in Hays, Kansas. She has also worked in student and academic affairs roles at Kansas State University Polytechnic in Salina, and Kansas State University in Manhattan.

“As a Kansas native, I am thrilled to be returning home,” Meyer said. “McPherson College is a special place with welcoming people and engaged students. When I visited campus, I was impressed with the quality education, excellent student experience, and the value McPherson College offers.

“There are many exciting opportunities on the horizon and I’m eager to work alongside President Schneider, faculty, staff, the student affairs team, and our students to continue and build upon the great work begin accomplished. Most importantly, I look forward to finding ways to interact with and support our students.”

She holds an M.S. in Counselor Education, Student Personnel Emphasis, and a B.S. in English/journalism, with a communication minor, from Emporia State University, and is currently pursuing a Ph.D. in student affairs in higher education from Kansas State University.

Meyers will begin work on June 1, 2021.

McPherson College Joins New Racial Equity Leadership Alliance

McPherson College is among the 51 inaugural member institutions of the Liberal Arts Colleges Racial Equity Leadership Alliance recently announced by the University of Southern California Race and Equity Center.

The USC Race and Equity Center works with professionals in educational institutions and corporations to strategically develop and achieve equity goals, better understand and correct climate problems, avoid and recover from racial crises, and cultivate sustainable cultures of inclusion and respect.

McPherson College has participated in the USC Race and Equity Center’s Campus Climate Survey since 2019, and as a member of the new Alliance will have access to a number of additional resources developed by the Center.

“McPherson College understands the importance of equity at all levels on our campus,” President Michael Schneider said. “Having access to the research and organizational resources of the USC Race and Equity Center will provide us with powerful tools as we continue to improve our strategies and practical approaches surrounding diversity and inclusion. I am looking forward to how this collaboration will help us better serve our students and community.”

As a member of the new Alliance, McPherson College can participate in 12 eConvenings, professional development sessions that focus on particular aspects of racial equity, conducted by nationally respected leaders in race relations. The Center is also developing an online repository of resources and tools for Alliance members that includes equity-related rubrics, readings, case studies, videos, and other resources. Every employee across all levels at each of the Alliance institutions will have full access to the virtual resource portal. Additionally, Alliance members will participate in two new workplace climate surveys in addition to the student survey.

Beyond the resources available to Alliance members, the presidents of each member college will meet quarterly to share strategies, seek advice, and identify ways to leverage the Alliance for collective impact on racial equity in higher education. The presidents will also come together occasionally to craft rapid responses to urgent racial issues confronting the nation, and will collaboratively determine what to do, how to respond on their campus, and communicate in a unified voice to policymakers, journalists, and other audiences.

McPherson College’s most recent efforts to become a more inclusive campus include working with the Kansas Leadership Center to diagnose and engage the campus in solutions to develop a more inclusive culture through meaningful dialogue, training, and new initiatives. A campus task force meets regularly to evaluate progress on its goals, which include engaging and inclusive programming, retention of underrepresented students, more diverse applicant pools, ongoing education and conversations with employees, and serving as leaders in the community.

The college has also supported diversity and inclusion training for all student leaders, as well as any interested student, through the Student Government Association. The training has expanded this year to include all Residence Advisors and Orientation Leaders, and academic mentors. A student workgroup began meeting over the summer to discuss actions that the college can implement to support student efforts in creating and promoting antiracism activities, and a student-initiated organization, VOCAL (Voices Of Change And Leadership,) has facilitated campus-wide conversations this semester.

Member institutions include:

Allegheny College
Amherst College
Bard College
Barnard College
Bowdoin College
Bucknell University
Carleton College
Centre College
Claremont McKenna College
Colby College
Colgate University
Colorado College
Connecticut College
Davidson College
DePauw University
Dickinson College
Goucher College
Grinnell College
Hamilton College
Harvey Mudd College
Hobart and William Smith Colleges
Lafayette College
Luther College
Macalester College
McPherson College
Mount Holyoke College
Muhlenberg College
Pitzer College
Pomona College
Oberlin College
Occidental College
Randolph College
Reed College
Rhodes College
Scripps College
Skidmore College
Smith College
Soka University of America
St. Olaf College
Susquehanna University
Swarthmore College
Union College
University of Richmond
Utica College
Wabash College
Washington and Lee University
Wellesley College
Westminster College
Whittier College
Williams College
Wofford College

How To Pay-As-You-Go and Graduate Debt Free

Debt Project, kenajah

“When I look at my future, I feel confident that I will be able to start enjoying my life sooner after college without worrying about student debt.”
Kenajah Upchurch, SO
Business Administration
Houston, Texas

By Michael Schneider, President
McPherson College

Roughly one out of every six Americans owe student debt. Even more alarming, about 20 percent of those in debt are over 50 – parents and grandparents spending their retirement nest egg to pay off their families’ college loans. Student debt permeates generations.

Kenajah Upchurch, a sophomore in business management from Houston, didn’t want to put a heavy burden of debt on her family. A self-described “budget person,” Kenajah recognized McPherson College’s Student Debt Project as a way to get through college on a pay-as-you-go plan. She joined the project this academic year because, she says, “It appeals to my business sense. I am willing to work now so I can relax later.”

The Student Debt Project combines financial literacy education, jobs, mentorships, and matching funds from the college to help students eliminate their need for loans. Kenajah is one of about 170 students currently participating in the program, all on a path to graduate with little – to zero – student debt.

And it’s working – even amidst a pandemic.

Despite COVID-19 cutting short their work schedules this spring, the students participating in the 2019-2020 Student Debt Project were able to reduce their projected student loan debt, on average, by $10,000 each. That’s more than a 30 percent reduction in anticipated debt at graduation in just a few months in the project.

Across the U.S., the average student loan debt at graduation is $29,076. It’s only slightly lower here in Kansas, where 58 percent of the Class of 2019 left their respective public and private college campuses with an average debt of $27,216 per graduate. Making average payments of about $200 per month, it takes most Kansas college graduates – and/or their parents and grandparents – more than 11 years to pay off their student loans.

But it doesn’t have to be that way.

By the end of the 2020-2021 academic year, more than 200 McPherson College students will be participating in the Student Debt Project, each assigned to one of 40 mentors who offer monthly advice on building a budget, setting personal and financial goals, and staying on track to achieve them. Our Career Services office assists each student in finding paid internships or other part-time work to help them pay down their debt. And this year students have already reduced their average projected debt at graduation to 35 percent below the national average.

As an added incentive, McPherson College matches 25 cents for every dollar the students earn and apply toward their college debt.

Kenajah – who balances her studies while still playing women’s basketball and working part-time jobs as a campus orientation leader, volleyball line coach, and Wal-Mart clerk – says the extra 25-cent match gives her a little breathing room in her budget and means she doesn’t have to work as many hours or sacrifice study time for work.

“When I look at my future, I feel confident that I will be able to start enjoying my life sooner after college without worrying about student debt,” Kenajah told me.

Plugging the Student Loan Gap

In student loan lingo, the “gap” is the amount a student will owe at graduation after all scholarships and personal contributions are applied. The gap is where most colleges stop their financial aid, leaving students to apply for thousands of dollars in loans to pay off the balance. Sometimes students apply for more loans than they end up needing – which only further extends the vicious cycle of debt.

The Student Debt Project was designed by McPherson College to fill that loan gap, so students don’t end up graduating with a mountain of debt. We did it because we never take a student’s future well-being – or their future financial health – for granted.

There’s no “typical” student or “typical” amount of financial need in our program. Every student comes into the Student Debt Project from a different personal and financial perspective. Their family incomes stretch across the financial spectrum.

And that’s as it should be. Because this program is about more than just money.

The Student Debt Project is not simply a way to pay off college loan debt before graduation. It’s equally about embracing life skills like budget discipline, time management, goal setting, and the intrinsic value of mentorship – aspects of a college education that will serve students long into adulthood.

The American ideal of earning a college degree remains alive and well. But the prospect of grappling with years of student loan debt – piled on top of pandemic angst – should have prospective college students and their families thinking long and hard about their choices. It literally pays to attend a school like McPherson College, a campus community that not only prepares students academically but helps them bridge the gap to start a financially healthy – and debt-free – post-graduation life.