When the news about GameStop’s spiking stock took over social media, Cristo Rey students took notice. Assistant Principal Kate Schulte, who also moderates the Personal Finance Club, was quickly approached by a senior student asking questions. Ms. Schulte had an inclination that other students were curious as well, so she put together an informational meeting to address students’ inquiries. History teacher Dennis Moller, who always enjoys talking about finances, the economy, and its effect on history, also jumped on board.

The two were joined by Cristo Rey alumni Omar Flores ’09, current CDO Analyst Principal at US Bank, and Rachel Romero ‘18, current UIC student majoring in finance, to speak about the basics of investing. Together, they spent more than an hour last Friday answering questions and engaging in conversation with more than curious 30 students of all grade levels.

Through the Personal Finance Club, Ms. Schulte teaches students that “learning about your finances and how to be financially stable is essential to living a healthy and prosperous life.” She was happy to provide this special outlet for students during this very teachable moment: “I have been proud of what my financial math students have learned and continue to learn after Cristo Rey and was glad that we could offer this Stock Market 101 session during a year that has been like no other!”

Omar, Rachel, and students Diego M. and Daniel K. shared their thoughts about investing:

Omar Flores, Class of 2009, CDO Analyst Principal at US Bank: “When I was in school, I didn’t have anyone who could teach me about finances. That’s one of the reasons I went into finance and economics. The reason why learning to budget, save, and invest is so important is that building wealth allows you to have options in your future. Whether you want to buy a car or home, save for retirement, or become financially independent, learning to save and invest will help give you those options and open doors for you. Many people at a young age don’t think about saving. When they first get a job, they start to spend what they earn and then they don’t develop the skills to be financially stable. As a wise man once said, ‘Live like no one else now, so you can live like no one else later.’”

Rachel Romero, Class of 2018, finance major at UIC: “Having an understanding of financial literacy is advantageous in everyday life. I remember one of the first exercises of being in the Investment Club at CR with Ms. Schulte was to distinguish our needs from our wants. Learning more about how there is good debt, which is an investment, or bad debt like a liability. This understanding is a vital tool for budgeting your finances. Being able to understand your financials is beneficial for the long run when planning out expenses for your future goals. Also, you may find yourself really enjoying learning about finances or you may enjoy the adrenaline of taking educated risks in trading investments. Investment club helped me discover this passion and I hope it can for other CR students as well!”

Diego M. Class of 2021: “I believe that schools should teach financial concepts at a young age to promote economic success. My first introduction to finances was in eighth grade when an investor from Big Shoulders taught a class about stocks. I could not believe that there was a method to make money without working at a job. This experience changed my perspective about money and motivated me to find ways to create wealth without "working." I decided to create a business and invest in financial books to educate myself.  I think it is never too late to be financially educated and I encourage others to learn about finance. I believe financial education is vital because it sharpens decision-making skills, negotiating skills, and leads to a better lifestyle.”

Daniel K., Class of 2023: "I think knowledge of finance is powerful because it doesn't take a long time to learn the basics and can be used in your everyday life to improve your overall well-being. Believe it or not, a 15-minute conversation about finance at a young age can be the leading factor that turns you into a millionaire when you are older. I started studying finance at 13 years old, and to be honest, I wish I would have started even earlier. If you want to find out why I started so early, and why I wish I would've started even earlier, you’re simply going to have to start investing and getting into the world of finance. That's the only way you will get a true understanding.”

Paul Bubash, Campus Minister, and Matthew Crossett, Director of Development


Each year, Cristo Rey sends every student on at least one retreat – building community and encouraging spiritual growth. Since March, Cristo Rey’s Campus Ministry and Christian Service Department has worked hard to creatively adapt these retreats for students when they most need it.

During the first, uncertain days of the COVID-19 pandemic, the Department quickly pivoted this very nuanced, intimate programming to low-cost, virtual formats, using school devices and digital collaboration software. Beyond a respite for students looking for consolation in those dark days, these initial attempts provided a critical opportunity to experiment with new virtual and hybrid retreat formats, ahead of the 2020-2021 school year.

The first of these pioneering experiences – a junior retreat in March – took the form of an independent and asynchronous curated guide, leading students through readings, videos, prayer, and reflection that concluded with a group video chat for students to process their thoughts. While participants appreciated the opportunity and effort, feedback was consistent and best captured in one student’s unambiguous evaluation: “…We don’t want to watch videos or pray by ourselves.”

Over the next five months, the Department tested new approaches and polled rising seniors to improve the design of this year’s retreats. Nearly the entire rising senior class responded to one summer survey and spent almost an hour on average sharing their thoughts! Of these soon-to-be seniors, 70% said their environment at home was not conducive to making synchronous virtual retreats and 94% requested an in-person format, with social distancing and mask wearing enforced. Students remarked:

• “I think our retreats shouldn't be modeled after our virtual classes because a retreat should be sort of a getaway from school and the stress of e-learning.”
• “I think virtual would not help me because I would not be able to focus and express myself and feelings through camera.”
• “I feel like from home would be awkward, expressing our feelings or even crying into the camera, especially because our siblings and parents are nearby too.”
   

Based on lessons learned from spring virtual retreats, heartfelt student feedback, and public health requirements, this year’s retreats have evolved dramatically.

While safety prohibited in-person interaction for some retreats, great lengths were taken to create community in a virtual world. Over the course of a three-hour, afternoon session at this fall’s Freshman Retreat, more than 40 junior and senior students volunteered to virtually lead freshmen in small groups. Student reflections focused on the concepts of community, faith, and how COVID-19 shapes them, as well as the Ignatian themes of consolation/desolation and seeing God in all things. The freshmen listened to reflections from upperclassmen, built connections with each other, and practiced an Ignatian Examen in the form of a guided art therapy activity. To finish the afternoon, students shared their creations with one another and began writing a letter to their future self. While still virtual, this highly interactive retreat focused on conversation and physical manipulatives as a way to transcend the virtual gap. Feedback from this Freshman Retreat was overwhelmingly positive:

• “I liked the meditation, letter to my future self, and overall feeling comfortable/safe around the seniors in small groups.”
• “I really liked the art and meditation. I found it really relaxing and it helped me reflect about why I feel the way I do.”
• “I found it helpful because it helped us feel welcomed into Cristo Rey.”
   

These learnings also informed the first of our 2020-2021 Kairos retreats for juniors and seniors – with students sleeping at home, but spending their days at school (masked and socially distanced) to fully engage in the experience with caring adults. Our five November Kairos student leaders prepared reflections in virtual collaboration with faculty and staff and trained for over two months with Campus Ministry in both virtual and in-person sessions. These student leaders lovingly converted school spaces into safe, intimate, reflective spaces – clearing out classroom furniture and adding special touches brought from home. Several staff members also attended the retreat – assisting in small groups and giving reflection talks – as did three visiting priests who gave Communion and Reconciliation – the first in-person sacraments provided at Cristo Rey in months. Feedback from this first Kairos was even more positive than the Freshman Retreat, with students leaving very moving testimonials:

• “It was meaningful. I was able to reconnect with God. I felt like I had been distant and trying not to get involved with my religion, but the retreat helped change that."
• “It made me realize that even when you think nobody's going through some rough patches and the only person you think is going through some rough patches is yourself, it’s never like that because everyone has a story to tell. It also made me realize that we are loved by so many people and we are looked out for by many people without us realizing it.”
• “The confession part made me cry (in a good way). I felt liberated after letting everything go. Also, the speakers made me open my eyes.”
• “I think it’s not about where we are, it’s about what we do with the experience and how meaningful we make it. Yes it would have been nice to get away from home for a little bit more, but the message was still there the experience was still there, and most importantly God's presence was still there.”
   

This spring, the Campus Ministry and Christian Service Department will continue to build on lessons learned from these evolving experiences to best provide Cristo Rey students with this unique programming – uniquely adapted, uniquely important.

Cristo Rey is proud to announce that senior Yaritza A. will attend Bowdoin College in the fall on a QuestBridge National College Match Scholarship.

QuestBridge National College Match connects high-achieving high school seniors from low-income backgrounds with full four-year scholarships to the nation’s top colleges. Yaritza is one of 1,464 recipients this year, out of more than 18,500 applicants to the program.

Match Scholarship Recipients are admitted early to QuestBridge college partners with full four-year scholarships that are provided by the colleges and universities, ensuring for these students and their families that an education at a top college can be affordable. The Match Scholarship is offered as part of a generous financial aid package provided by the college that covers the full cost of attendance, including tuition, room and board, books and supplies, and travel expenses.

“During a challenging year that has pushed counselors and students to creatively approach the college application process, Yaritza stands out for her confidence and diligence in applying to 16 colleges,” said Reina Garcia, Director of College Counseling. “Yaritza owned her process from our first meeting, during which she listed Bowdoin as her top choice school, to the moment she shared the exciting news that she had matched with Bowdoin for QuestBridge’s National College Match scholarship. Bowdoin is lucky to be welcoming such a brave, innovative, and talented young woman. Yaritza is going to take the world by storm and I can’t wait."

And Yaritza is ready to set the world on fire. She reflects: "QuestBridge introduced me to the possibility of being able to go to a great college without having to worry about the financial stress it might put on my parents and me. Essentially, it opened my eyes to how big this world could be for me. I had only ever imagined being able to leave home for college, and now that it has become a reality, all I could ever be is grateful."

Congratuations, Yaritza!