Despite a global pandemic, 9,261 students from the Urbana-Champaign campus of the University of Illinois finished their degree programs to officially graduate. Among the recipients were 27 residents from The Sentinel's area of coverage.
Two students, Jocelyn Harmon and Nicholas Shapland, completed their education as double majors. Harmon, who graduated from the Gies College of Business, earned a second degree in Marketing. Meanwhile, Shapland completed the requirements his additional degree in Political Science.
Shapland graduated with High Distinction from his department in the College of Liberal Arts & Sciences.
Two other Unit 7 alumni in addition to Harmon, Madeline Wilson and Sierra Benson, were awarded High Honors distinction for their academic performance. High honor students finish their college degree with at least a 3.80 grade point average. Students with a GPA of 3.5 to 3.75 graduate with Honors.
Students with a GPA of 3.9 or higher are recognized with Highest Honors. Two undergraduates, Tolono resident Dawson Dodds and Ogden native Carly Frerichs, earned the academic titles upon graduation last May.
Highest honors are awarded to students upon recommendation by his or her department at the University through outstanding performance in course work and in supplementary activities of an academic or professional nature along with an undergraduate thesis or a special project of superior quality.
This year's degree recipients include:
Raghida Abdallah Yassine, St. Joseph
Doctor of Philosophy in Education Policy, Organization and Leadership Mary Adams, St. Joseph
Master of Social Work Nicolette Baccadutre, St. Joseph
Master of Education in Education Policy, Organization and Leadership Cole Berry, St. Joseph
Master of Accounting Science Ty Brown, St. Joseph
Bachelor of Science in Agricultural and Consumer Economics Carly Delzell, St. Joseph
Master of Social Work Kinze Ehmen, St. Joseph
Bachelor of Science in Agricultural Leadership, Education, and Communications Alexander Izard, St. Joseph
Bachelor of Science in Agricultural and Consumer Economics Michael Rajlich, St. Joseph
Bachelor of Science in Civil Engineering Erin Smith, St. Joseph
Master of Education in Education Policy, Organization and Leadership Patricia Stevens, St. Joseph
Master of Education in Education Policy, Organization and Leadership Carly Frerichs, Ogden
Bachelor of Science in Kinesiology Max Daly, Sidney
Bachelor of Science in Agricultural and Consumer Economics Susan Mantell, Sidney
Master of Science in Nutritional Sciences Nicholas Shapland, Sidney
Bachelor of Science in Liberal Arts and Sciences Jesse Kiser, Philo
Bachelor of Science in Liberal Arts and Sciences Gracie Schweighart, Philo
Bachelor of Arts in Liberal Arts and Sciences Sierra Benson, Tolono
Bachelor of Fine Arts in New Media Dawson Dodds, Tolono
Bachelor of Science in Finance Dawson Dodds, Tolono
Bachelor of Science in Supply Chain Management Jocelyn Harmon, Tolono
Bachelor of Science in Supply Chain Management and in Marketing Tatum Hawkins, Tolono
Master of Science in Information Management Keegan Payne, Tolono
Bachelor of Science in Natural Resources and Environmental Sciences Younis Ramahi, Tolono
Bachelor of Arts in Liberal Arts and Sciences Lucas Stark, Tolono
Bachelor of Science in Technical Systems Management Katrina Widholm, Tolono
Master of Education Madeline Wilson, Tolono
Bachelor of Science in Journalism
The list above is provided by the university and based on the address supplied by students. This list may not include individual graduates conferred after July 15. If you suspect a problem with this list, contact the University of Illinois at (217)333-1085 or them at News Bureau. Did you, your son/daughter or a grandchild graduate from a public or private university back in May or this month? Let us know by sending their 2020 college graduation information.
Doctor of Philosophy in Education Policy, Organization and Leadership Mary Adams, St. Joseph
Master of Social Work Nicolette Baccadutre, St. Joseph
Master of Education in Education Policy, Organization and Leadership Cole Berry, St. Joseph
Master of Accounting Science Ty Brown, St. Joseph
Bachelor of Science in Agricultural and Consumer Economics Carly Delzell, St. Joseph
Master of Social Work Kinze Ehmen, St. Joseph
Bachelor of Science in Agricultural Leadership, Education, and Communications Alexander Izard, St. Joseph
Bachelor of Science in Agricultural and Consumer Economics Michael Rajlich, St. Joseph
Bachelor of Science in Civil Engineering Erin Smith, St. Joseph
Master of Education in Education Policy, Organization and Leadership Patricia Stevens, St. Joseph
Master of Education in Education Policy, Organization and Leadership Carly Frerichs, Ogden
Bachelor of Science in Kinesiology Max Daly, Sidney
Bachelor of Science in Agricultural and Consumer Economics Susan Mantell, Sidney
Master of Science in Nutritional Sciences Nicholas Shapland, Sidney
Bachelor of Science in Liberal Arts and Sciences Jesse Kiser, Philo
Bachelor of Science in Liberal Arts and Sciences Gracie Schweighart, Philo
Bachelor of Arts in Liberal Arts and Sciences Sierra Benson, Tolono
Bachelor of Fine Arts in New Media Dawson Dodds, Tolono
Bachelor of Science in Finance Dawson Dodds, Tolono
Bachelor of Science in Supply Chain Management Jocelyn Harmon, Tolono
Bachelor of Science in Supply Chain Management and in Marketing Tatum Hawkins, Tolono
Master of Science in Information Management Keegan Payne, Tolono
Bachelor of Science in Natural Resources and Environmental Sciences Younis Ramahi, Tolono
Bachelor of Arts in Liberal Arts and Sciences Lucas Stark, Tolono
Bachelor of Science in Technical Systems Management Katrina Widholm, Tolono
Master of Education Madeline Wilson, Tolono
Bachelor of Science in Journalism





For the majority of investors, taxation should never be the main driver behind an investment. However, taxation should absolutely be considered in an efficient investment portfolio. At the end of the day, how much money you keep is more important than how much money you earn.
The Internal Revenue Source (IRS) has written a painfully long book called, "The Internal Revenue Code" otherwise known as the tax code. The tax code isn’t painfully long and dense because of the many different ways the IRS can collect taxes. In fact, the collection of taxes is rather simple. If you make “X”, then you pay “Y.” Rather, the tax code is so long because of the many ways you can legally reduce your tax liability.
Individuals are able to reduce their tax liability if they perform actions that the government likes. One of the government’s favorite actions is providing housing to the public; therefore, there are many great tax benefits for real estate investors. One of the great real estate tax benefits is depreciation.
Real estate depreciation allows you to deduct the costs of a property over its useful life (as determined by the IRS) which reduces your taxable income. This is known as a “paper loss” because on paper it looks like the value of your investment decreased when, in reality, the value of your property likely increased due to appreciation and you collected monthly cash flow from the property if your income was greater than your expenses.
The tax benefits of real estate are very powerful and warrant their own article; however, this is how the wealthy stay wealthy. They buy real estate and legally reduce their taxable income, so they keep more of their money and then use that money to buy more real estate. It’s not complicated, and it’s 100% legal.
When it comes to taxation, real estate is the belle of the ball; however, stock market investors are able to place investments in tax efficient accounts and control the timing of their capital gains. The main tax benefit available to stock market investors is the ability to defer taxes through retirement accounts such as 401(k)s, 403(b)s, and IRAs. Additionally, you are able to choose the timing of the taxation by electing the account to be a “traditional” or "Roth" retirement vehicle.
With a traditional IRA, you are able to deduct your contributions in the year they are made, but you must pay taxes on them once you withdraw the funds. This is ideal for someone who thinks they will be in a lower tax bracket once they are retirement age. You contribute after-tax dollars to a Roth IRA, so this is ideal for someone who thinks they will be in a higher tax bracket once they retire. If you hold a specific stock for longer than a year, then you are no longer subject to the highest capital gains tax and this will allow you to keep more of your earnings.