December 15, 2011
To the Baruch College Community,
The holiday season is a time to look forward to the New Year and to reflect on our accomplishments during the year just ending. Thanks to the dedication of the entire Baruch Community, we enter 2012 with confidence and in a better financial position than we found ourselves in at this time last year.
Despite a continuing, difficult economic environment for public institutions of higher education that affects all of us — and especially our students, who must cope with a series of tuition increases over the next four years that will take place under CUNY’s new rational tuition policy — we can look back on 2011 with a sense of pride and accomplishment. In large part because of the hard work and dedication of Baruch faculty and staff, we were able to weather the budgetary storm.
Moreover, the College stayed focused on its historical mission of access and excellence. We continued to deliver a quality education to our students, and to set thousands of graduates each year on the path to rewarding careers and productive lives. This has been the hallmark of a Baruch education ever since the days when its predecessor, the Free Academy, stood at the corner of Lexington Avenue and Twenty-Third Street!
As you know, Baruch, as an institution, has garnered quite a bit of public recognition this year — most of it positive. Our standing in the national rankings of academic institutions has never been higher, and we were particularly proud of the recognition that we received from the Education Trust — a private, non-profit organization that does research on higher education issues — which identified Baruch as one of only five colleges and universities in the United States (out of 1,200 surveyed) that is fully meeting the needs of low income students.
We’ve all worked hard over the fall semester, and the holiday period presents an important opportunity to catch up on reading, to connect with family and friends, and to gather our energies for the spring semester to come. Let me wish everyone a safe and peaceful holiday and all the best for the coming New Year.
Mitchel B. Wallerstein
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