INDEPENDENT SINCE 1880
The Corne¬ Daily Sun Vol. 130, No. 113
MONDAY, MARCH 24, 2014
!
ITHACA, NEW YORK
16 Pages – Free
News
Arts
Sports
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High in Demand
Funny Man
Unfortunate End
Partly Cloudy HIGH: 28° LOW: 18º
Cornellians sound off on why they believe investment banking is so popular among graduates. | Page 3
The men’s ice hockey team lost to Union Friday, ending their chance at a bid to the ECAC finals. | Page 15
James Rainis ’14 praises Adam DeVine’s “weird” and “self-deprecating” performance at Bailey Hall Friday. | Page 8
C.U.Approves $1,920 Increase in Tuition For Undergraduates Most students on aid won’t see large impact By ANUSHKA MEHROTRA Sun News Editor
Undergraduate students across all seven colleges will pay an additional $1,920 in tuition for the 2014-2015 academic year, the University announced Thursday. The total cost of attending Cornell — which includes tuition, room and board and required fees — will increase to $60,728 from $58,808 for all out-of-state contract or endowed college undergraduates due to budget changes approved by the Board of Trustees. The cost of attending Cornell has increased by more than $10,000 in the last five academic years, The Sun previously reported. Barbara Knuth, vice provost and dean of the Graduate School, said financial aid awards will generally increase to account for the rise in tuition. “What you see is a “If an undergraduate student is divide between social receiving financial aid and his or her perclasses.” sonal and family financial circumstances have not changed, then the financial aid Andrew Soluk ’15 award will typically increase,” she said. “So what the student on aid sees as the actual cost of attendance that has to be paid by the student — and family — will not change in most cases.” Tutition for endowed and out-of-state contract college students will rise 4.25 percent next year, while tuition for in-state contract college students will go up 6.62 percent, according to to the University. See TUITION page 4
WYLL PUGH / SUN FILE PHOTO
Marching onward | Student protesters, including future Cornell Law School Dean Eduardo Peñalver ’94, march in commemoration of the 1969 Willard Straight Hall Takeover in an April 20, 1994 Sun photo.
Future Cornell Law Dean Was Leader of ’93 Day Hall Occupation By TYLER ALICEA Sun Managing Editor
Last week, the University announced Eduardo Peñalver ’94 will serve as the next dean of Cornell Law School. Over 20 years ago, however, University administrators were considering suspending Peñalver. In November 1993, Peñalver was a leader of a four-day occupation of Day Hall, which resulted
in two reported confrontations with Cornell police, The Sun previously reported. While suspension charges were dropped against Peñalver and other student protesters, this was not the only time Peñalver — who was president of La Asociación Latina — voiced his concerns against the University through a variety of rallies and protests.
BUSINESS NEWS
Merchants: Alcohol ‘Big Part’ of C-Town Economy By JONATHAN KWEE Sun Staff Writer
Alcohol sales play a vital role in the Collegetown economy, with some business owners attributing the sale of alcohol to over one-third of their revenue. “The economy of Collegetown is stu-
dents; and since alcohol is a central part of the college experience it’s a big part of the [Collegetown] economy,” said Jason Burnham, owner of the convenience store Jason’s Grocery and Deli. Although Burnham said alcohol represents about 20 percent of his total sales, he said he believes that alcohol has an even
KELLY YANG / SUN NEWS PHOTOGRAPHY EDITOR
Late nights | Some business owners say they have had to adopt alternate methods to spot fake identifications due to an increase in the quality of false IDs produced.
greater financial impact on the Collegetown economy due to the products that people buy before and after consuming alcohol. “It’s not just the alcohol sales,” Burnham said. “If they go to a party, they might buy makeup, gum and water before they go, and when they come back, they’re buying cigarettes, chips [and] bagel bites.” This form of purchasing behavior has led to a predictable flow of business, Burnham said. “The biggest hours are Thursday, Friday and Saturday nights — between 9 p.m. to 11 p.m. when people are getting ready to go out — and then around 1 and 2 a.m. when they’re coming back from going out,” Burnham said. Selling alcohol is not stress-free, however. Merchants said they msut be careful to comply with regulations from the state liquor authority, which can impose harsh penalties on stores which do not follow regulations. Matthew Taylor, a manager at Stella’s Cafe, said that while the sale of alcohol can be of benefit to businesses, owners must be See ALCOHOL page 4
See PEÑALVER page 5
Pedestrian Struck By Vehicle At Intersection A pedestrian was struck by a car at the intersection of North Meadow Street and West Court Street Saturday evening, according to the Ithaca Police Department. According to an IPD press release, when patrol officers arrived at the scene, the pedestrian was “located on the side of the road, conscious, breathing and sitting up, with apparent injuries to the head.” Ithaca Rescue assisted at the scene and Bangs Ambulance transported the pedestrian, the release said. Witnesses said the pedestrian had passed in front of the vehicle during a green light as it was traveling northbound on North Meadow Street. The pedestrian — who had not been in the crosswalk — was ticketed for the accident, according to the press release. — Compiled by Noah Rankin