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Moody鈥檚 revises 海角社区鈥檚 outlook to stable and affirms Baa3 credit rating

Moody鈥檚 Investor Service today revised 海角社区鈥檚 outlook to stable from negative and affirmed the University鈥檚 Baa3 credit rating.

Moody鈥檚 cited Augsburg鈥檚 improved liquidity, effective fiscal oversight, successful fundraising, diverse program offerings, and urban Twin Cities location as strengths supporting its credit opinion. The report also noted that Augsburg continues to operate in a highly competitive student market and has moderately high debt relative to cash and investments.

鈥淭his favorable outcome is a great accomplishment, and one we鈥檝e worked hard to achieve,鈥 said Augsburg President Paul C. Pribbenow. 鈥淚t鈥檚 a reflection of Augsburg鈥檚 competitive strengths — including our distinct market identity and diverse enrollment — as well as our intentional, sustained efforts driving dramatic improvements in liquidity.鈥

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News reports: Augsburg professor challenges Economist ranking Minneapolis third most expensive in North America

 

Jeanne Boeh talks with Kare11

When The Economist named Minneapolis the third most expensive city to live in North听America, just after New York and Los Angeles, reporters from Kare11, Fox 9, and WCCO turned to 海角社区 Professor of Economics Jeanne Boeh for answers. Kare 11’s Gordon Severson questioned the ranking, given that the latest U.S. Census data listed Minneapolis as the 46th most populated city. The Economist study analyzed 150 items such as food, utility bills, rent, and private schools, but left out the cost of owning a home.

Boeh, also chair of the Business Administration department at Augsburg, argues that the study isn’t exactly accurate. “It doesn’t really reflect the average experience of the people who are living here right now,” Boeh tells Kare 11. “If I go to San Francisco, which technically we’re supposed to be more expensive than, the average cost of a house is well over half a million dollars. So, it doesn’t really make sense that Minneapolis would cost more to live in.”

While the study’s measures may be more applicable for high-end executives who travel internationally, Boeh says it’s not an accurate representation when it comes to the average Minnesotan.

See full story on the .

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See full report from The Economist on .

Augsburg’s Board of Regents honored for leadership

Augsburg鈥檚 Board of Regents was awarded the 2017 John W. Nason Award for Board Leadership for efforts including initiating an inclusive, five-year strategic planning effort and leading the institution鈥檚 largest-ever capital campaign. The formal recognition is to come in April at the Association of Governing Board of Universities and Colleges National Conference on Trusteeship held in San Francisco. This year鈥檚 honorees were chosen from about 40 nominations nationwide.

鈥淭raditionally, governing boards have stayed out of the public eye except when something goes wrong,鈥 said Richard Legon, president of the association鈥檚 board of directors. 鈥淏ut it is important that we honor the best of us, and inspire good governance practices in others. These boards鈥 stories represent some of the sharpest and most innovative thinking in the sector.鈥

Now in its third year, the award is named for higher education leader John W. Nason, recognizing his work as chair of the National Japanese American Student Relocation Council in helping more than 4,000 interned students continue their college studies across the U.S. during World War II.

President Paul C. Pribbenow appointed to Governor鈥檚 Workforce Development Board

Minnesota Gov. Mark Dayton has appointed 海角社区 President Paul C. Pribbenow to a three-year term on the Governor鈥檚 Workforce Development Board. The board represents key leaders from business, education, labor, community-based organizations, and government to advise the governor on Minnesota鈥檚 workforce system.

鈥淚鈥檓 proud to represent the state鈥檚 private higher education sector as a member of this board,鈥 said Pribbenow, 鈥渁nd to have Augsburg engaged in an integrated effort linking government, employers, education, workforce centers, and employees to sustain a vibrant and equitable Minnesota economy.鈥

The board, which meets quarterly, analyzes and recommends workforce development policies to the governor and the Minnesota legislature to ensure a globally competitive labor pool for the state.

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Star Tribune interviews finance professor Marc McIntosh about new Hagfors Center

In a recent Star Tribune article, reporter Neal St. Anthony spoke with Marc McIntosh, professor of Finance at 海角社区, about the new home for the business department at the Norman and Evangeline Hagfors Center for Science, Business, and Religion.

鈥淚t brings alive the course materials,鈥 McIntosh said about the building鈥檚 state-of-the art technology. 鈥淭his building is not just about studying stock-and-bond markets. … We鈥檙e active, including working with small business owners from Somalia and Ethiopia. We also work in the area of financial literacy. And also what really separates us is our diversity.鈥

The article also highlighted other attributes of Augsburg. 鈥淭he university is best known for its inner-city location, solid academics and presidential recognition for community service; to say nothing of its MIAC-championship basketball team playing in the NCAA Division III tournament this weekend,鈥 St. Anthony wrote.

Read full article on the .

Augsburg named a top producer of U.S. Fulbright students

This听February, the U.S. Department of State鈥檚 Bureau of Educational and Cultural Affairs included 海角社区 on the list of U.S. colleges and universities that produced the most 2017-2018 Fulbright U.S. students, ranking No. 9 among 22 master鈥檚 institutions. Top-producing institutions are highlighted annually in The Chronicle of Higher Education. Since 2007, 海角社区 has had 21 Fulbright students selected for their academic merit and leadership potential.

Visit the 听website to see full list of听top producers.

MinnPost features 鈥淎frican-Americans and the Commonwealth of Freedom鈥 by Augsburg’s Harry Boyte

Frances Harper by Wikimedia Commons

In a recent MinnPost article, Harry Boyte听said that commonwealth was a way for听ordinary citizens to develop authority for their claims to equality. The commonwealth vision of civic construction made possible the creation of churches, schools and colleges, women鈥檚 organizations like the Council of Negro Women and labor groups like the Brotherhood of Sleeping Car Porters, Boyte said.

鈥淚n a time of eroding faith in democracy and looming threats to the commons, from schools, colleges, and libraries to water resources, coastal areas, and public parks, remembering the commonwealth and the tasks of civic repair can generate the hope we need,” said Boyte, in the article. “The commonwealth vision makes democracy a way of life, not simply a trip to the ballot box, and puts citizens back in as its agents and architects.鈥

Boyte is a Senior Scholar in Public Work Philosophy at the Sabo Center for Democracy and Citizenship at 海角社区. He is the architect of the center鈥檚 public work approach to civic engagement and democracy, and the creator of Public Achievement.

In the 1960s, he worked for the Rev. Martin Luther King, Jr., as a field secretary with the Southern Christian Leadership Conference during the Civil Rights Movement,听where he听learned about the commonwealth and the claims from civic construction.

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Interfaith Touchdown: The Super Bowl Host Committee shoots video at 海角社区 to help end homelessness, featuring 30 religious leaders

Photo: Elizabeth Flores, Star Tribune

Clergy leaders from around Minneapolis听gathered at the 海角社区 athletic field to film a football-themed video听hosted by the Minnesota Super Bowl Host Committee. The purpose is to raise funds and awareness to end homelessness through the Emergency Rental Assistance Program, and to听promote unity across faiths, races and politics.

鈥淲ith the world鈥檚 gaze on Minneapolis because of the upcoming Super Bowl, it was important for leaders to take a strong stand鈥 said Pastor David Shinn

Former Vikings star was present to give orders to the team of interfaith clergy leaders.听鈥淭oday is a little different鈥 One heart. One mind. One spirit,鈥 explained Greg Coleman.

鈥淎nd do a line of scrimmage with the Catholics and the Protestants and the Rabbis and Imams and the Hindus and the Unitarians all on the same team, pulling in the same direction, working on the same goal 鈥 all working to prevent homelessness. Something is happening in the interfaith community here that is pretty unique in our nation and it will be something our country and world needs 鈥 how we bridge these differences and our traditions. We had a common cause and football and the image of the field and diverse team really clicked with everybody all these traditions on the same team.鈥 said Tim Hart-Andersen of Westminster Presbyterian Church in Downtown Minneapolis.

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See photos from the video shoot on the Star Tribune website

Adjunct Faculty, Leah Phifer, Appears on the Cover of TIME Magazine Among Other Women Running For Office

Photo-illustration by Sean McCabe for TIME. Photos courtesy of the subjects or shot for TIME.

鈥淭he Avengers: First They Marched, Now They鈥檙e Running,鈥 reads the headline across the cover. This year, a record number of women are running for office, and among them is Leah Phifer, adjunct faculty at 海角社区, where she teaches Politics and Policy of Immigration, Introduction to American Government and Political Methodology.

Pifer is running for the DFL nomination for the 8th district seat of the U.S. House. Leah听has served Minnesotans through her work at the Federal Bureau of Investigation and Department of Homeland Security and has also worked for the FBI, enforcing laws written in the name of national security.

鈥淥f course, electing more women in Congress would not necessarily lead to an instant federal paid-family-leave plan or national child care. Female lawmakers of both parties tend to elevate issues that men ignore.” states听Charlotte Altar, the author of the TIME magazine article. “Women have a long way to go to get to parity in American politics. They hold less than 20% of seats in Congress, just 25% of those in state legislatures and only six of the nation鈥檚 50 governorships.鈥 adds Altar.

Leah’s picture is just below the “T” in “The Avengers.” Part of the word “First” is directly over her hair.听This appears in the January 29, 2018 issue of TIME.

Political Science Professor, Andrew Aoki, tells Fox 9 the Government Shutdown has Minimal Impact in Minnesota

Thousands of federal employees were furloughed across the country due to the government shutdown that began on Friday, January 19. Fortunately, things do not look so bad for the state of Minnesota.

鈥淲e have fewer things that are funded by the federal government, in fact we tend to send in more than we get back from the federal government.鈥 Andrew Aoki, political science professor at 海角社区 explains. However, the shutdown has affected both the Mississippi National River Visitors Center and the Science Museum, as both had to听close.