VT announces Boundless Impact - $1.5 billion Fundraising Campaign


Virginia Tech announced the most ambitious fundraising and engagement campaign in university history on a night in which thousands gathered on campus to celebrate the occasion and their school's growing impact in the commonwealth and beyond.

Boundless Impact: The Campaign for Virginia Tech has a goal to raise $1.5 billion to fuel excellence across all university programs and drive forward major strategic priorities. A second goal is to engage 100,000 alumni in meaningful ways over the course of the campaign, which is projected to run until June 30, 2027.

The campaign is expected to fuel major initiatives all across the university. These include innovative new collaborations to solve complex problems, constructing a four-building Global Business and Analytics Complex in Blacksburg, investing in cutting-edge research in health sciences to push the Health Sciences and Technology Campus in Roanoke forward, and maximizing the impact of the emerging Innovation Campus in the greater Washington, D.C., area.

Other major campaign priorities are to help Virginia Tech reach its inclusion and diversity recruiting goals, which include 40 percent of the student body coming from groups that are underrepresented or underserved, and to support innovative new ways of learning through internships, collaborations, and other programs that go beyond the classroom to prepare students to thrive on transdisciplinary teams.

Beyond those university-wide priorities, every Virginia Tech college and many of the university's major programs have campaign goals that align with their strategic plans.

If you are thinking about joining this fundraising campaign - Give Now

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now accepting bitcoins!!!!

all i want is to bring back the "invent the future" slogan. it was perfect! p e r f e c t

"Why gobble gobble chumps asks such good questions, I will never know." - TheFifthFuller

Wait, that isn't still our slogan??

"Why gobble gobble chumps asks such good questions, I will never know." - TheFifthFuller

(To VT marketing... not you)

Interesting timing as CBS News has been running a great multi part piece on the growing arms race in college academics. Not just athletics mind you, but the push to attract full tuition paying students (read out of state, out of country students) and whether the value is actually is being added to the education.

They started it off by talking about LSU's new lazy river for students a good 10 minutes.

There was a great podcast recently, the show name and episode currently escape me, discussing just this issue. One big point I reacted to was the idea of university "diversity" efforts attracting more full paying students from other countries rather than finding ways to serve underprivileged populations in the US. I think this should be a critical priority for university growth initiatives, but I'm going to stop there in an effort to avoid political discussion.

I don't think you're getting political (maybe because I agree with you). I think any state university should serve that state's populous first. Not saying we shouldn't have out of state/country people, but shouldn't be the focus.

I don't think you are getting political at all. It's a serious issue that isn't really politically motivated, more like economically motivated. Underserved populations in a number of states are being left in the dust by this push. I know here in AZ the 3 state universities are catching a lot of heat for it as their tuitions increase and the percentage of students not from AZ grows.

While I have a college degree, I can definitely see the other side of taking a step back and going other avenues. If they are looking to increase more out of country student to increase diversity, I understand, but don't do it because you want to charge more money, do it because you're actually interested in creating more diversity on the campus.

I whole heartedly agree with your first point.

To your second point, I think that's the problem. They seem to be cherry picking which types of "diversity" can attend. And the types they want are the types who can pay the full cost of attendance. So while the faces aren't the faces of white males, they also don't necessarily reflect a concerted effort to add true diversity to the campus. The whole point of diversity in my mind is to make sure we have a mixture of differing viewpoints and perspectives while also ensuring we aren't restraining the potential of minority groups nor their access to education, etc. How getting a bunch of rich kids from the same few overseas countries is moving us towards that goal, I don't know.

They seem to be cherry picking which types of "diversity" can attend.

This isn't aimed at you wildturkey84, just wanted to say this:

I got to an argument with someone about this earlier. It's not diversity in race, it's diversity in thought and culture.

UVa likes to say they're more diverse than VT because they have a higher % of minority students. Listen bro, when you get every Carlton Banks in the state to come to C-Ville, that's not real diversity.

Minor correction... diversity of thought that VT leadership agrees with.

When did they add political views on the application?

Wet stuff on the red stuff.

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Another reminder since the first one in this thread wasn't enough.

Community Guidelines

Don't discuss politics or religion.

And this was my fear. Didn't want to take the conversation down this path. I didn't down vote you but I don't think this is the right venue for this discussion.

I don't recall having to check my registered political party on my VT application. I would assume that is still the case all these years later.

Really no need to take a political turn on this conversation, because its really not about that. AZ isn't exactly what you would call a liberal bastion, and their state universities are doing the exact same thing, maximizing inflows through tuition. As they say, it's the $$$ stupid.

While I would agree that higher education has become some sort of political talking point in general, I have no interest in having that conversation and would kindly ask that you don't engage in that as well, as it benefits nothing on this site.

My point exactly. Your way of stating it is more clear while simultaneously throwing shade at UVA. I like it.

Diversity for diversity's sake is always going to look contrived.

Just set out the open for business sign, and set up the goalposts. If you have money, pretty good grades, and can show us a high ceiling on your application... welcome aboard. If you don't have the money, but you've worked your ass off and have outstanding grades and your application indicates that the sky's the limit... we'll be glad to help out.

College shouldn't be for everybody.

Leonard. Duh.

Were we not talking about scuba diving?

πŸ™ƒ

Let's Go

HOKIES

Its the rich kids that allow the budget to compete for the diversity the school is seeking. Full pays are not just paying the full cost of education, but paying for another partial kid as well. Naturally this is a spectrum. The higher the tuition and the higher the diversity, the higher the rich kid subsidy for diversity. Schools talk a lot of crap about their endowments, but a lot focus on balance in the fiscal year to the extent I would guess some try to balance the budget without help from endowment contributions. Make hay whilst you can or some such.

Gonna risk it: Are we not all on the same page if I say American universities should prioritize the education of Americans over foreign students? Are there Americans that believe otherwise?

I sincerely didn't know this was a decisive political topic

Recruit Prosim

Leaving politics out of it, I do think it is fair to say that America as a whole does not value education the way many other nations do. We can see it from funding for early childhood education all the way up to the view of "elitism" for going to college. If we are being honest with ourselves, this country barely values providing education for its most vulnerable citizens, so it doesn't surprise me that that trend would extend to higher learning.

To that end, I don't think your question is quite as cut and dry as it appears. Colleges are identifying people that "value" education, and more importantly are willing to pony up for it. I think the blame for that lies at more than just the feet of college, IMO.

I'll say this....

There's no fucking way that college tuition should cost $40k per year for any school, public or private. But to see those prices for public schools that are already propped up by taxpayer money? mmmm

To now see these schools targeting out of state students? This is just a double dip where they're totally fine collecting as much taxpayer money as possible and then turning the cold shoulder to those families who paid those taxes in lieu of chasing the full out of state tuition? That's bad. And unfortunately, that trend is only growing

King Alum of the House Hokie, the First of His Name, Khal of the Turkey Legs, The rightful Heir to the Big Board, the Unbanned, Breaker of Trolls and Father of Gritty

How much does VT cost now for in state tuition? When I went to VT (late 90's) I am pretty sure one semester cost something like 2 or 3 thousand (just base tuition, not including books/room and board).

I don't know how much my parents paid (was lucky to have parents that paid) for my room and board freshman year, but whatever it was it was way too much to live in Pritchard. That place was a shithole.

Someone please correct me if I'm wrong, but I think I read its somewhere in the low to mid 20s per year in state, and close to $50k out of state

King Alum of the House Hokie, the First of His Name, Khal of the Turkey Legs, The rightful Heir to the Big Board, the Unbanned, Breaker of Trolls and Father of Gritty

About $13,500 total for tuition and fees (not room and board) for in state students. Assuming I'm reading the chart correctly.

And in 20 more days I'll drink...

First year you're in the $20s since room and board tacks on an extra ~$9k or more. Tuition and fees without room and board is roughly $13.5k right now. That is for most majors and not adjusted for ones with additional fees etc.

And that's before the absurd cost of textbooks you need to buy twice a year

King Alum of the House Hokie, the First of His Name, Khal of the Turkey Legs, The rightful Heir to the Big Board, the Unbanned, Breaker of Trolls and Father of Gritty

Plus extra money for food since the dining plan doesn't cover enough and the cheapest place Deitrick is not open on weekends.

the dining plan doesn't cover enough

in my nine years as a university student, i have never once ever heard this complaint. it has been consistently the opposite -- that the school makes you buy way more "food access" than you would ever realistically use and charges you way too much for it

"Why gobble gobble chumps asks such good questions, I will never know." - TheFifthFuller

This was VERY true for me. At the end of the semester I would buy lots of crap because I didn't want to waste my meal plan. We bought candy, chips, sodas, cases of water. This was from 2005-2009, so perhaps things have changed since then.

I was at tech as a grad student from 2011-2016 but never lived on campus (so no meal plan), and i had so many people offering to swipe me for meals at the end of every semester

"Why gobble gobble chumps asks such good questions, I will never know." - TheFifthFuller

2019-2020 VT Tuition and Fees (Source)

Tuition & Fees - $13,691 ($32,835 out of state)
Room and Board - $9,342 ($9,342 out of state)
Per Year Total - $23,033 ($42,177 out of state)

Having just paid 4 years out of state to VT, yep... and it sucks

i did my bachelors from 2007-2011 and even though it wasn't this high then, it still made zero sense for me to attend an out of state school. I stayed in state, got some merit based aid that i wouldn't have qualified for elsewhere, and had loans for (mostly) living expenses and books/supplies/etc.

my student loan balance after four years from 2007-2011 was less than what i'd be accruing for one year of VT in 2019. it's nuts.

"Why gobble gobble chumps asks such good questions, I will never know." - TheFifthFuller

I was out of state on the late 90's. I'd have to go back and look, but I think it was about $7k per semester.

Diversity doesn't have to only mean ethnic diversity, it could also mean socioeconomic diversity, gender diversity, sexual preference diversity, age diversity, etc. The only real attribute that shouldn't be diverse is intelligence. Smart people should be the ones to get in.

Whatever. It was one bad year.

Seasonal Brew means High ABV for football season and standard the rest of the year.

I didn't really want to get in on this particular discussion but this is my problem with this policy. I know of a student that got in on one of the new diversity things. They never would have gotten admission based on academics/testing alone. I hope they prove me wrong and graduate but I have my doubts that they will make it. If that happens, then there goes 1 admission that a more academically qualified person should have had.

I had a similar conversation with another vt alum last week. I give to the Hokie club because I know it's actually going towards someone's education. When VT is doing a capital campaign for money to put a juice bar inside a hot yoga studio inside the student center for authentic living, I'm gonna pass. There are other causes that need financial support and are actually worthwhile.

Agree 100%. Attracting the type of kids who can pay full tuition through these extravagant offerings, which do absolutely nothing to add value to the education, is the antithesis of what I believe to be a core principle of VT. I thought it was "that I may serve", not "that I may be served"? All I can do is shake my head at all the bullshit going on at Tech and most other larger university campuses.

Agree 100%. Attracting the type of kids who can pay full tuition through these extravagant offerings, which do absolutely nothing to add value to the education

That being said, I'm not privy to the numbers but if 1 full tuition kid means that 3 underprivileged but talented students can come to VT, I'm willing to do that all day.

Malcolm Gladwell sort of gets into that on a couple of his podcasts.

Here's a notable one: "My Little Hundred Million" from Revisionist History podcast. I got my BS at Rowan University.

"Why gobble gobble chumps asks such good questions, I will never know." - TheFifthFuller

Rowan is a good BS source!

My 2019 Season Challenge: only comment with Star Wars memes.

If you see these characters, they represent specific people (as of Oct. 2):

Palpatine (Fuente) || Vader (Hooker) || Kylo Ren (QP4) || Lando (Deablo)

Didn't know Malcolm Gladwell had a podcast. Thank you, I will definitely be listening to this.

Revisionist History is a great listen. My wife and I just did a ton of them on the drive from Scottsdale to Disneyland and back last week.

My personal favorite is a 3 parter he does called "A Polite Word for Liar" where he talks about how memory works, and how people can remember the same event very differently. One of the episodes he goes all "Free Brian WIlliams" and has experts on to explain how people can say something that isn't true but believe it is real without any ill intent on their part. And he rips apart Matt Lauer is the most awesome way. Very cool stuff.

If you are looking for others, Dax Sheperd has a really good one called Experts on Experts as well

I don't quite understand this statement. I was an out of state student and I paid the full tuition amount that it cost VT to educate me. I don't see how myself attend school would help anyone else attend. VA residents paid the difference between the Full tuition that I paid and what VA taxes and grants/endowments could afford. My tuition doesnt change the grants, taxes, or endowments.

I've come to understand that the entire difference between oos and in-state tuition is not made up by the state- only a portion.

I mean yeah sure some of it may be a little over the top.

But that also ignores that outdated, worn out, beat up facilities also detract from truly letting students learn.

I miss Monteith and Thomas emotionally but as examples they were objectively terrible dorms if you wanted to actually be in an environment that was set up to let me be the best student I could. The new Corps dorms are worlds better for that. Even if all they added were slightly bigger rooms, A/C, and an elevator.

I was a civilian in Thomas fall 2002. This is accurate.

I did 3 years on the 4th floor of either building and 1 luckily on the first, way too many trips up and down those shitty end stairs for my lifetime, God help you if you were carrying anything lol.

Absolutely. What a terror that place was. Good memories of a great chapter in life but damn if that building didn't have multiple ways to hurt you.

I vividly remember someone dropping my CRT monitor (though not who) while using those stairs while moving in back in 2000. (Somehow it survived).

1st Floor Thomas 03-04 reporting in. It was bad enough til someone let slip that they were renovating summer of '04. Jeez, we trashed that place and no one fixed anything cause it was al getting gutted in two months.

Warning: this post occasionally contains strong language (which may be unsuitable for children), unusual humor (which may be unsuitable for adults), and advanced mathematics (which may be unsuitable for liberal-arts majors)..

3rd floor Monteith, 82-84. Sixty-four girls on a floor with four showers, three of which had hot water. Had to get up at 6:15 a.m. in order to make 8 a.m. calculus every. single. day. just because of the shower wait. (Leg shaving, it'll get after ya.). Those were the days, though. I loved Upper Quad.

"Tajh Boyd over the middle . . . and it's caught for an interception! Michael Cole, lying flat on his back, ARE YOU KIDDING???"

I'm all for ventures that are there to make sure the facilities don't fall into disrepair, but there's a difference between that and the arms race that is going on nowadays.

King Alum of the House Hokie, the First of His Name, Khal of the Turkey Legs, The rightful Heir to the Big Board, the Unbanned, Breaker of Trolls and Father of Gritty

Sure I just think its a little ironic many write it off as the 'cost of doing business and attracting the best talent we can' when its the AD doing it vs an arms race to pamper and coddle and not try to sell or defend a slightly more utilitarian existence for the rest of the student body.

Yeah but the spending by the Athletic Department is generally funded by voluntary giving by fans/alumni and through revenue (tv, merchandise, contracts) generated by the performance of those athletic teams.

That's a lot different than funding these extravagant ventures through public taxpayer money and jacking up the price of tuition. I know fundraising plays a part there as well, but at least with athletics, its somewhat self sustaining.

King Alum of the House Hokie, the First of His Name, Khal of the Turkey Legs, The rightful Heir to the Big Board, the Unbanned, Breaker of Trolls and Father of Gritty

I mean, you can do it or you can do it right. The opposite happens with roads all the time. You need 1 lane now, so expand one instead of doing a 2nd for 25% more. But by the time you finish the 1 lane you need another for 3x the price of the first.

Like a juice bar and yoga studio in Jameson?

Im only half joking as obviously we can parse out where we donate, but its not like the Hokie Club isnt helping fund the AD's amenities arms race contributions.

Question will be if this actually goes to education or just fancy buildings to attract students

Danny is always open
23 can't read

I mean, if you build it they will come.

So what is actually happening at the table on the left?

And the guy presenting his poster has zero audience.

At the front, the guy with the VT laptop on the table is playing on his smartphone.

The suit guy is staring into space.

No one in the crowd is paying attention to the presentation, which appears to be ok because there is nothing interesting on the big screen - I think it is a circuit board with a hospital involved somehow?

What am I investing in here?

The guy DJing on the floating decks in front of the big screen is also clearly playing a new version of Theme Hospital

What about the girl stealing the other girl's wallet while she's in VR, all while the dude in the foreground just watches and doesn't intervene?!

I mean if rampant theft is what VT's future holds I'm not so sure about this campaign at all.

Highlights magazine has really changed since I was a kid

Why is the poster using Clemson colors? And what's with the huge building in the background with a boring panelized facade and no fenestration?

my thoughts too. as someone living in upstate SC, a little too much purple (to go with the orange) in that picture for me

$1.5 Billion could definitely pay for Wifi in Lane.

You will see this game, this upset and this sign next on ESPN Sportscenter. Virginia Tech 31 Miami 7

Or rooms for a few extra thousand freshmen. I really hope the town/county/and VT can work something out with the massive expansions. A lot of locals including myself feel like we are being forced out. We already pay town and county taxes out the butt. Introducing that much into a place with such small infrastructure surrounding it is rough.

That entire announcement is one hell of a word salad.

Because of course it is. Are you at all surprised? It's academia. Gotta fluff ourselves up to sound smarter than we are. Maybe that's just the arch department and I'm showing my bias. If so please forgive me.

Academia - the art of saying practically nothing of any substance with as many buzzwords and as much fluff text as possible in order to talk in circles and overwhelm the reader, giving the impression that you are smarter than you actually are.

A second goal is to engage 100,000 alumni in meaningful ways over the course of the campaign, which is projected to run until June 30, 2027.

Very interested to hear the specifics about this. From my experience leading our local chapter of the alumni organization they have a lot of room for improvement. What they want from unpaid volunteers and the support they're willing to provide is horribly unbalanced.

Oh come on, we got bottle opener key rings and.... ummm... pens, we got branded pens!

King Alum of the House Hokie, the First of His Name, Khal of the Turkey Legs, The rightful Heir to the Big Board, the Unbanned, Breaker of Trolls and Father of Gritty

Hah! "To show our appreciation for taking on this unpaid part-time job here's 10 cents of swag."

***** Hope we can raise a bunch of money!!

Community Guidelines

Don't discuss politics or religion.

I have lots I'd like to say about this topic, both snarky and not, but I don't think this is the place for it.

I know this is going against just about fiber of your being, but sometimes there are internet battles not worth having.

Diversity, an old wooden ship used during the Civil War era.

You will see this game, this upset and this sign next on ESPN Sportscenter. Virginia Tech 31 Miami 7

It is simple. Schools need to make money because they cannot rely on state funding. The best way to make money is to recruit students who will pay full tuition. The exact same problem is occurring at South Carolina where almost half of the population is out of state and the tuition is one of the highest among public schools. Luckily the weather and geographic area is a plus so students and their parents are still willing to spend their money.

Interesting, when I applied to USC in '07 it would have been cheaper than going to Tech for me even though I was out of state. Not surprised they have so many out of state students now, I knew three people from my small high school class who went there.

This is happening at a lot of southern state universities. It also doesn't help that for those schools to remain competitive academically and keep their enrollment up/constant then they need the out of state students due to their primary education systems not being great. I know quite a few people who went to southern schools for a lot less than they would have paid if they had stayed in their home state.

I agree with the general sentiment being expressed in this thread in regards to how universities are undervaluing tuition affordability and the way diversity is promoted seems to miss the reasons why diversity is valued in the first place. I'm not surprised that people have strong opinions on the former, it's something that makes the news quite a bit, but am a little surprised on the latter. I would have thought most people wouldn't really be aware of these things, much less for it being the overwhelming point of discussion. Is this a more popular opinion than I realized?

Got two calls in the last 24 hours to give.

I briefly explained that I'll be donating to grant and scholarship money specifically, because otherwise, I wouldn't have gone to college.

I think I hit a nerve with the student who called the first time. She followed up with the same story of not being able to go to college without a little help.

FYI, they are asking for $10/mo minimum.

TKPhi Damn Proud
BSME 2009

I don't really understand her comment about not being able to attend college without a little help right after you stated you would donate to scholarships specifically.

I believe he was trying to say that his explanation resonated with the student who then shared a personal story that aligned with the reason for his donation.

Here in Arizona the attorney general is actually going after ASU, UofA, and Northern Arizona for their increases in tutition, calling them out for not meeting their state constitutional mandate to educate AZ students.

Michael Crow, the President of ASU (and I guy who I think is doing an amazing job in general), was on local NPR and was asked the questions and gave that "We are achieving the diversity..." type answer that has been repeated quite a few times in this thread.

So its not just VA, or South Carolina, or pick a state. It's getting to be pretty much all of them.

ASU has been getting that Hollywood money for years. I remember reading somewhere that elite level students in LA used it as a safety school for not getting into any of the California schools.

TKPhi Damn Proud
BSME 2009

Are they really elite students if they don't get into any state schools?

Maybe he meant "hollywood elite" not "academically elite"?

Read "Aunt Becky's kid"

Yes, I'm talking about that πŸ’°

Damn, that's the second post in this thread. My posts aren't that confusing?!

TKPhi Damn Proud
BSME 2009