Although talk of the economic downturn seems rather antiquated, its effect on our school is still quite fresh. With the new physical changes to campus as well as the abundant 75th anniversary extravagances, it may appear to the casual observer that funds at Chadwick are flowing with great ease. However, a discomforting truth lies in the school’s financial expenditures on the school facilities instead of the student body.
We find it troubling that many students accepted to Chadwick this year had to ignore their acceptance letters due to their economic situations. No financial aid was given to new students this year.
Chadwick stresses the importance of diversity in any community, especially in our own. Of the many facets of diversity, one of the most salient comes with individual financial situations. Especially for a school located in what is commonly referred to as a privileged “bubble,” we believe that it is most important to include students of different socio-economic backgrounds in order to compose an interesting and diverse student body. The fact that Chadwick could not provide for this type of diversity this year particularly concerns us mainly because of some questionable spending in other areas.
For example, the article on page three discussing Chadwick’s current finances mentions the funding of new Big Mac Lab computers and the spacious new deck above the swimming pool. There is no question that these additions are useful, but are they as important as scholarship aid? Also, take the 75th anniversary banners that replaced our five beloved core values in the amphitheatre, and the 75th anniversary  t-shirts that were distributed to all students and staff. Of course, purchasing these items did not keep the floodgates closed from financing those in need. But were these souvenirs really necessary? No. Will we really use them after this year? No.
The cost for these various projects may be miniscule in comparison to the financial aid shortage; however, one cannot help thinking that all of these expenses add up. And in the case of the banners, for what purpose? Sure, they look spiffy to all who pass by Laverty, but does the disappearance of our school’s core value banners symbolize a shift in the school’s decision making in applying these values to the diversity of its student body? If this is how Chadwick is after 75 years of existence, one can only begin to imagine the plans in store for its 100th anniversary (did someone say white horses and carriages for visiting alumni?).
The defining question is as follows: should we compromise the future of Chadwick’s student diversity?  What is ultimately the most important aspect for the future of the school and its success?
We only hope the school’s financial team will make the best decisions for the community at large as they have done in the past.