The Lincoln University Offers Pulse of U.S. And State Economy At Annual Gathering

Fulton Bank Awards Two Lincoln Students Scholarships  

 

LINCOLN UNIVERSITY, PA – Presenters at The Lincoln University’s 10thAnnual Outlook Breakfast highlighted consumer’s ‘guarded optimism’ for the economy and awarded scholarships to two Lincoln students on Friday, April 26.

The event, in conjunction with its Center of Excellence in Business and Entrepreneurial Studies (CEBES), was presented by Fulton Bank, Brandywine Division and featured State Senate Majority Leader Dominic Pileggi, who spoke on the State of the Commonwealth and keynote speaker, Dr. Luke Tilley, a regional economic advisor with the Federal Reserve Bank of Philadelphia, who discussed economic trends in the United States, the state and Chester County and how those trends were expected to impact the future.

“The Lincoln University Economic Outlook Breakfast is always a tremendous event and it’s an honor to speak here,” said Senate Majority Leader Dominic Pileggi. “The university provides a great community service by hosting this important dialogue.”

Pileggi, who represents the Ninth Senatorial District, which includes portions of Chester and Delaware Counties, emphasized the state’s tight budget.

“When you have people talking about government spending is out of control, they are not talking about the Commonwealth,” he said.

As far as the economy, Tilley explained most consumers are concerned about unemployment and the housing market.  He said that based on feedback that he receives fewer people fear a double dip recession and possess what he called, “a guarded optimism.”

“The rate of change is good, but we are not back to healthy numbers yet,” Tilley said.

Another presenter, Kenneth M. Goddu, president of Fulton Bank’s Brandywine Division in Chester and Delaware Counties, PA, awarded scholarships to Junior Taylor McGee, a business management major from Los Angeles, CA and Morgan Weatherly, a sophomore accounting major from Chester, PA.  Currently, Fulton Bank is in the 3rd year of its $25,000 scholarship commitment to CEBES.

“Fulton Bank and The Lincoln University have enjoyed a long and established relationship,” Goddu said.  “We continue to be very impressed by the (CEBES) students.”

The CEBES, which is a member of AACSB International – The Association to Advance Collegiate Schools of Business, delivers comprehensive academic instruction to its students through its highly-skilled instructors in the accounting, finance, information technology and entrepreneurship disciplines who also use the best available information technologies and equipment.

 

EDITOR’S NOTE: ‘THE LINCOLN UNIVERSITY’ IS NOW THE OFFICIAL NAME FOR THE INSTITUTION FORMERLY REFERRED TO AS ‘LINCOLN UNIVERSITY’ OR ‘LINCOLN UNIVERSITY OF PA’ AND SHOULD BE ADHERED TO IN ALL REFERENCES.

 

The Lincoln University, founded in 1854 as the nation’s first degree-granting Historically Black College and University (HBCU), combines the elements of a liberal arts and science-based undergraduate curriculum along with select graduate programs to meet the needs of those living in a highly-technological and global society.  Today, the University enrolls a diverse student body of approximately 2,000 men and women.  Internationally recognized for preparing and producing world class leaders such as Thurgood Marshall, the first African American U.S. Supreme Court Justice, Lillian Fishburne, the first African American woman promoted to Rear Admiral in the U.S. Navy, Langston Hughes, the noted poet, Kwame Nkrumah, the first President of Ghana and Nnamdi Azikiwe, the first President of Nigeria.

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