We all know we are living in deeply significant times of change, politically, economically and globally. And, the lessons of the past are profoundly instructive now. History has taught us that, in even the gravest catastrophes, the economy always bounds back more vigorous than before. For now, it is imperative that the temporary slowdown we are enduring now does not slow down our new graduates for their lifetimes, that the current generation of Carroll students does not become the lost generation in a lost decade. We must carry on our work and carry on their educations without respite. This is our obligation, and I ask you to join our campaign leaders in offering the collective resources to meet this duty.
Recalling the lessons of this college's own history, I find that the Carroll Family has spent the past 100 years rising to every occasion. This Carroll Family has been defined by the grit and perseverance that allowed us to endure and flourish through history's greatest tragedies-two world wars, a Great Depression, several staggering recessions, a series of earthquakes and even a train explosion that shattered Carroll's campus. Faced by all of these crises, which often came simultaneously, and we have carried on valiantly to prosper in times of triumph. We shall do so now.
Student enrollment and reten
tion hinge on one simple solution: increased scholarships for our students. Most Carroll students receive several scholarships through different endowed funds to pay their tuition and expenses. Scholarships do not create debt; scholarship money does not require pay-back. Instead, scholarships maintain access to higher education and position students for the best chance of economic success after graduation.
The vision of Bishop Carroll in founding this college 100 years ago was genius in its simplicity: educate the mind while feeding the spirit. These were not utopian ideals but faith turned to action in Bishop Carroll's able hands. To realize the dream, he knew the cost and undertook the hard work to build the college and fill the classrooms. He knew that God's grace is made manifest by deeds and sacrifice.
I believe Bishop Carroll, being a realist and an idealist all at once, would have foreseen both times of abundance and times of trial before his nascent college. And, he would implore us now to stand up to continue the mission that began a century ago. He calls us now, and many of us have answered him. I ask you to join us in assuring our founder that his noble work shall live on.

Carroll, like other higher educational institutions, relies on tuition to meet academic and operating expenses. To ensure that our students thrive in these challenging economic times, the Learn - Serve - Lead Centennial Campaign is focused on scholarship support. This is a direct financial infusion into Carroll's body of current and prospective students, and it will bring us sustained enrollment and strong retention.
The Board of Trustees, the President and other campaign leaders have committed their hearts and funds to this campaign and wholeheartedly support its emphasis on scholarships. Now, we need the community of Carroll family and friends to rally around this great cause and our students. Present pledges, pledges spread over many years, estate intentions, long-term planned gifts, and of course donations here and now to directly help our students today-all of these options are available to those who seek to change history for the college and for its future graduates.
If there ever was a moment of decision in Carroll's modern history, it is now. With your mind, heart and gifts, I ask you to join this great mission for Carroll's future.