Can’t get enough of our student government? Neither can Joseph Milholland, who updates us this week with news of rotary and credit unions and also of fixing Lerner.
Another busy night at the Satow Room featured two visitors. The first was the president of Columbia Rotaract. She came to talk about an event on Tuesday October 26 before Thanksgiving. The event will be on the Lerner ramps and will feature card making for employees of Columbia University students don’t usually get to thank. The group is also organizing study breaks with RAs to make cards. The group asked the council for help promoting the event and some funds.
The second visitor was a student committed to creating a credit union at Columbia. He gave a Prezi where he laid out the case for the Lion Credit Union. Unlike banks, anyone who puts their money into a credit union is a shareholder and is part of the decision-making process. In banks, money earned goes to CEOs who try to create more profits, but money made by the Lion Credit Union would be invested back into the Columbia community for things like funding scholarships or student groups. Credit unions have higher interest rates than banks. They are also strictly regulated and insured by the federal government. The Lion Credit Union group is also interested in providing financial education to Columbia students. The student gave the example of Georgetown, which has a successful credit union. Georgetown’s credit union helps students pay off their debts, it is run by students, and preforms community service.
The council seemed supportive of the credit union idea. The credit union representative said he wanted the CCSC to help them navigate Columbia’s bureaucracy. The biggest issue they have faced so far is a lack of space.
After the credit union presentation, the council had a brainstorming session about Lerner, which is “kind of a weird space” that could become a “fun study hall.” Some of the suggestions:
As always, there was a host of updates. 2017 is preparing an info session for first years at CCE, 2016 is preparing an end of the semester study break, 2015 is preparing a Summer internships study break, and 2014 is preparing their winter gala. The E-board is a “week away” from starting the contest for Navigate Columbia. Also, two years ago, Columbia had a casino night and promised certain winners iPads and Kindles. Several of these devices have not yet been distributed; however, people affiliated with the E-board are working on finally awarding these prizes. The Policy Committee has written a resolution on the CU Dems’ sexual assault petition and talked to Columbia University General Council about the petition. The Campus Life Committee wants to have alumni at the tree-lighting ceremony and is planning a finals event “that is going to involve a lot of bubble wrap.”
Fall chilling via ShutterStock