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Long-Time Arlington Chamber President to Retire

Rich Doud (photo via Arlington Chamber of Commerse)Rich Doud, the long-time president of the Arlington Chamber of Commerce, will be retiring in May.

The announcement was sent to Chamber members this afternoon. This year’s Chamber chairman, Tim Hughes of the law firm Hughes, Bean, Kinney & Korman P.C., will lead a search committee to find Doud’s successor.

The Chamber issued the following press release about Doud’s retirement.

After 23 years as President of the Arlington Chamber of Commerce, Rich Doud has announced that he will retire from his position effective May 15, 2014.

Doud joined the Arlington Chamber in September of 1990 to begin his tenure as the membership-based, nonprofit organization’s President, then called Executive Vice President. Under Doud’s leadership, the Chamber has made a number of achievements, including creating the Arlington Business Hall of Fame to recognize impactful business leaders in the community, developing the Community Action Committee to build stronger relationships between businesses and nonprofits, ensuring firm financial stability for the Chamber, and founding Leadership Arlington.

“It is impossible to fully express the satisfaction I have experienced working to build a better Arlington and increase opportunities for businesses,” said Doud. “I appreciate being given the chance by this great organization and the incredibly capable people who comprise our membership and staff who have bettered the lives of many. The achievements of the Chamber over the past two decades have been collaborative efforts between members and staff.”

As a sixty year resident of Arlington, Doud has immersed himself into and become a prominent figure within the community. During his tenure, Doud has received honors such as: Chamber Executive of the Year, Virginia Association of Chamber of Commerce Executives; Outstanding Civilian Service Medal (twice); United State Army; Legacy Award, Leadership Arlington; Spirit of Community Award, Arlington Community Foundation; and more.

His involvement in Arlington extends to his participation in community organizations and serving on various commissions and committees. A few highlights over the years include: founder and member of the Board of Regents of Leadership Arlington; assisted with the publishing of Where Valor Rests, a book about Arlington Cemetery which is given at burials there to the families; member of the Arlington County Economic Development Commission; member of the County Manager’s Institutional Leaders Roundtable; volunteer for Volunteer Arlington programs; member of the Police Chief’s Advisory Council; and member of the Washington Business Journal’s Thought Leadership Panel.

Doud came to the Chamber after a series of successful entrepreneurial ventures running small businesses. In 1984, his company was ranked 35th in the nation on Inc. magazine’s annual list of the 500 fastest growing companies in the United States.

Doud retires to spend time with his wife, as well as enjoy more family time with his three grown children and two grandsons (with a third on the way!).

2014 Chamber Chair Tim Hughes, Bean, Kinney & Korman P.C., will head a search committee seeking candidates to fill the position of President at the Arlington Chamber of Commerce. Plans for a celebration honoring Doud and his service throughout the years will be announced at a later date.

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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