About this Entry

This page contains a single entry by Anthony Adornato published on February 1, 2008 3:44 PM.

Campus focuses on global warming as part of national effort was the previous entry in this blog.

Pair discuss interdisciplinary project backed by institute is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Link With Us!


Colgate junior featured in study abroad story

| Comments (9)

As Colgate University junior Jeremy Bennett '09 studies in London this semester, he's getting a real-life lesson in personal finances.

Every fish and chips dinner, hostel stay, and souvenir is taking a big bite out of Bennett's wallet. He and thousands of other students studying abroad can blame the weak U.S. dollar, which is making a semester overseas more expensive.

"I'll be doing a lot of pasta and rice dishes," Bennett told The Post-Standard (Syracuse) for an article this week about the falling dollar's impact on study-abroad costs.

A picture of Bennett holding a Colgate shirt appeared on the front page of The Post-Standard.

In early 2007, the euro was worth $1.32 and jumped to $1.47 at the beginning of this year, according to the article.

Despite the higher cost, the number of undergraduates studying through Colgate's off-campus study program has increased by 4.3 percent in the past five years.

In fact, Colgate's a leader in the field, typically ranking in the top ten among baccalaureate institutions for the number of students studying abroad.

Bennett's confident his experience will be priceless.

"It's a really great opportunity," he told the paper. "I knew since freshman year, the London program just made sense."

Alumna Oak Atkinson '87, a designer and founder of Tumbalina card company, also was in the spotlight this week, appearing live on The Martha Stewart Show.

If you're looking for ways to make clever Valentine's Day cards, Atkinson may have the answer.

Martha Stewart thinks so.

On Wednesday, Atkinson showed Stewart -- and the rest of the country -- how to create personalized cards for loved ones. (Watch the segment here)

Atkinson's appearance wasn't bad for business either; within hours of the show airing, Tumbalina was flooded with more than 300 e-mails.

To read more about Colgate in the News, click here.

9 Comments

February 16, 2008 4:51 PM
JJ Hackett said:

I was in London two years ago with Jason and I completely sympathize with Jeremy's pain: I ate pasta the whole time and I still came home with $64 to my name. He's right though, the experience is absolutely priceless.

February 6, 2008 12:49 AM
patrick kabat '06 said:

Jeremy -- so glad to hear that you're carrying on the proud Bennett tradition. I was in London with your brother on the history study group in '05. The papers were fascinating - I, and many others, I suspect, would be quite interested to hear what you lot are digging at in the archives...

I studied in London two years ago (Spring 2006), and the pound was pretty expensive back then, I can't imagine how much these kids must be paying this semester. I traveled to the mainland and instead of stocking up on gifts, etc, I would buy groceries (despite the fact that I liked going to Sainsbury's).

February 5, 2008 11:21 AM
Lucia Greene said:

Stephen: Nice to see that your London club is alive and well and hosting these poor students who can only afford to eat pasta. By the way, the Luke Connolly you responded to is my son, class of '09, who spent last semester studying in Dublin, independent of Colgate.
Best,
-Lucia

February 4, 2008 2:08 AM
stephen solomon said:

Jeremy,

Thanks for the update. We will hold a reception for you, your group and any other Colgate students we can track down in the UK, probably on 26 March. We will shortly send invitations directly to each student. Personally, I am chuffed that you so enjoy pursuing original, scholarly research here. These skills will serve you very well in life as you dissemble and discard all the spin and bluster we see in the popular media. You may well have found our broadsheets and periodicals sources of refreshing contrast. We look forward to meeting up in March.
Regards, Steve Solomon '76 and pres Colgate Club of London

February 3, 2008 10:27 AM
Jeremy Bennett said:

Mr. Solomon,

In response to your queries, I'm in London as a member of the Colgate History study group. As of two weeks into the program, I can truthfully say that my experiences here have met, and in some cases exceeded my freshman year expectations. London is a fantastic city to live in, even on a limited budget. The opportunities for original archival research as a member of the study group are unparalleled. Although I often have to watch my expenses carefully, so far I have no regrets about joining the program.

February 2, 2008 6:33 PM
Visitor said:

The article is here:

"http://www.syracuse.com/articles/news
/index.ssf?/base/news-13/1201514144240750.xml&coll=1"

Miraculously, the reporter knew of the existence of at least two major currencies in Europe and got the one of the UK correct (it is, and has been for many centuries, the pound sterling). Another well-known destination country in Europe does not use euros or pounds, can you guess which one? And here's from another quarter about the topic http://www.wesleyanargus.com/article/5611

February 2, 2008 3:04 PM
stephen solomon said:

Luke,

You seem to suggest that there has been parity between the sterling and euro. That has never been the case since the euro's launch. As far as the sterling/dollar rate is concerned, sterling has lost about 5-7% vs the dollar while the euro has dropped 2-3% in the same few months. So Jeremy is in relatively better shape vs last semester's study group participants.

On another note, it would be useful if Anthony Adornato informed if Jeremy is on the history study group or on independent study, as well as how his experience coincides with his freshman year's expectations.

February 1, 2008 6:54 PM
Luke Connolly said:

I understand that the dollar is a weak currency right now, especially in relation to the euro. If Jeremy is studying in London, however, he will be paying in Pounds Sterling, so he will be even worse off. Each British Pound he spends will cost him approximately 2 US dollars.


Leave a comment



Type the characters you see in the picture above.

Categories

,