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Archives | Truth & Charity
The Law of Demand: doctrine, not discipline

The Law of Demand: doctrine, not discipline

I don’t have any knowledge of Belmont Abbey College other than that it is a reputable and orthodox Catholic school, but it appears that they also have their economic ducks in a row: Belmont Abbey College announced on Nov. 28 that it is reducing its annual tuition cost to $18,500 beginning in Fall 2013. This represents an almost $10,000 per year reduction in the College’s published tuition price for incoming freshmen and transfer students. For people who work at a university, this would be unheard of. Who would ever think of  lowering their tuition? But when you recognize that the industry of higher education is becoming more competitive, with more online offerings and students becoming more mobile, the fact that increased competition pushes prices down isn’t that unexpected. “Over the past 25 years, average college tuition and fees in the United States has increased more than 440 percent,” said President William Thierfelder. “At more than four times the rate of inflation, that’s not sustainable for the average American family, so it’s time to reverse the trend.” Why are college tuitions and fees rising so fast? I wrote an answer to a similar question in the bottom half of this post, where I discussed why health care costs are rising. Basically, when the consumer doesn’t directly pay the price for the product, he tends to overconsume (here and here). The answer to rising tuition is, counterintuitively, to restrict the availability of financial aid, and/or to eliminate the below-market interest rates associated therewith. Similar-sized colleges have announced tuition resets over the past two years, largely due to declining enrollment numbers. However, Belmont Abbey’s...
6 Ways to Pragmatically Keep the Christ in Christmas

6 Ways to Pragmatically Keep the Christ in Christmas

So, ready or not, the Advent (and culturally Christmas) season is almost upon us!! In my humble opinion, there’s no reason we can’t both join in the secular Christmas traditions (music, gift giving and getting, lots of desserts, and just sheer excitement about the whole season) and deeply experience the excitement of a Savior being given to us. Here are five ways to remind ourselves of the reason for the season while still indulging in some secular fun!! 1. Have a big birthday cake for Jesus on Christmas morning: Dessert for breakfast is THE best way to celebrate any festive day. Sweet, delicious and fun is such a great way to set the tone for the rest of the day. Unto us a Savior is BORN! Whoa!! 2. Give a charity a donation in lieu of a Christmas gift: I (and I think most people) would MUCH rather receive an envelope on Christmas morning saying twenty dollars had been given to Catholic Charities in my name, then receive a junky gift I’ll never use! No shopping required! 3. Make a nativity scene the centerpiece of your Christmas decorations: Sites like Pinterest have great ideas on how to feature a nativity scene in your home. Your front yard, mantle, or even bedrooms are great ways to constantly remind ourselves that wise men still seek Jesus! 4. Celebrate Sundays in Advent as if they were their own holidays: Christmas is one of those holidays where there’s a long preparation except, unlike Easter, the preparation is a joyous one! The themes of Advent (hope, peace, joy and love) are each worth meditating and reflecting on each week, particularly...

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