The Oswegonian

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A5 Lake sustainability Oswego State kicks off series on Great Lakes

Friday, Feb. 21, 2014

THE INDEPENDENT STUDENT NEWSPAPER OF OSWEGO STATE UNIVERSITY • www.oswegonian.com

VOLUME LXXX ISSUE III

Student Protection Unit to investigate loan industry

Snow jammed Quad

Seamus Lyman News Editor slyman@oswegonian.com

Connor Gannon | The Oswegonian

The Oswego State Ski/Snowboard club hosted its third annual Rail Jam event last Saturday in the Quad, featuring competitions and DJs from WNYO. Check out Oswegonian.com and page A3 for further coverage of the event.

Study: CSC, economics best for jobs Luke Parsnow Asst. News Editor lparsnow@oswegonian.com The National Association for Colleges and Employers recently released data providing a ranking of college majors by the number of graduates who had at least one job offer before they graduated in 2013. Computer science majors ranked highest on the list while education and visual and performing arts ranked at the bottom. Out of 10,000 college seniors surveyed, NACE tallied up a ranking of 17 majors. All seniors were ready to complete a bachelor’s degree. Computer science dominated the top of the list, with 68.7 percent of computer science majors seeing a job offer before graduation.

An investigation has been launched by Gov. Andrew Cuomo into companies who are part of the process of loan refinancing. The investigation, announced in a press release from Cuomo’s office, will run through a division of the New York State Department of Financial Services. The average student loan debt of a New York college student is $24,803 according to the Federal Reserve Bank of New York’s 2012 fourth quarter student loan debt analysis. Oswego State’s student default rate is below the nation’s 13.4 percent at 7.6 percent according to the White House’s College Scorecard for the university. The Student Protection Unit aims to investigate and prevent students from falling victim to company scams that charge students to pay for services the federal government already provides for free. Cuomo put the unit into effect in his budget. The release explains, “as part of his 2014-15 Executive Budget, Governor Cuomo established a new Student Protection Unit within DFS to serve as a consumer watchdog for New York’s students.” Oswego State’s Director of Financial

Aid Mark Humbert said that for the most part there is no advantage to refinancing student federal loans. “Direct student loans, now, can typically be refinanced for better rates,” Humbert said. Humbert explained that Oswego State’s financial aid office emphasizes students borrow as little as possible, or with the least amount of trouble (high interest rates, short repayment timeframes). According to Humbert, for the 20132104 school year 578 students have borrowed from non-federal loan programs this year, about 8 percent of all students. About 5500 students have borrowed from the federal loan programs for 201314, according to Humbert, about 80 percent of all students. Humbert invites students to talk with his office before they take the steps to refinance their student loans. He wants students to be aware of the pitfalls that are out there, something Cuomo’s unit is hoping to combat. One of the main problems that the unit is taking on concerns student debt relief companies claiming to offer services that are already offered to borrowers for free by the government. The press release states that

See REFINANCING, A5

See CAREERS, A4

Mandatory student activity fee to face March student body vote Seamus Lyman News Editor slyman@oswegonian.com

CONTENT

The student activity fee is currently a mandatory $97 charge each semester. In a few weeks, the student body will be given the opportunity to vote on whether or not to make this fee voluntary or not. On March 11 and 12, students will receive an email about voting, which will take them to a page on LakerLife allowing them to vote. The vote for the

Calendar...........................C2 Classified..........................C7 Crossword.........................C6 Contact Info......................A2 Laker Review.....................C1 News.................................A1 Opinion............................B5 Sports...............................B1 Sudoku.............................C6

activity fee will coencide with the vote for president and vice president of SA. The fee is voted on by the student body every two years. Currently, there is a $250 limit on the amount Student Associations in the SUNY system can charge students. According to Oswego State SA Vice President Francisco Perez, the “last time the vote was 59 percent to 41 percent.” In order to avoid a close vote like that, Perez said SA is getting the word out through the use of posters and SA senators are talking to their constituents about the benefits of the fee.

“We’re getting them everywhere so people know what is going on,” Perez said. The activity fees for the 2013-2014 academic year added up to roughly $1.4 Go to Oswegonian.com to see a video of student thoughts on the student activity fee million dollars, which is then distributed to SA’s 180 organizations. “Every year [the $1.4 million] gets dispersed to all of the clubs, so people who

are in clubs who have budgets, their money comes from this fee,” Perez said. The vice president added that not all of the clubs have budgets and some are inactive. “SA pays for a lot of contracts that aren’t so uniform,” Perez said. These are services offered like Campus Recreation, services in The Point, Student Association Volunteer Ambulances Corps and Student Association Programming Board are funded through the $97 fee. A contract with CENTRO is also in existence, paid through the fee, which allows students to take the Blue

Sports

Opinion

Laker Review

LAKERS LOSE 2

MAJOR MERGER

STUDENT ARTIST

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Maximilian E. Principe | The Oswegonian

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C5 David Armelino | The Oswegonian

Route and buses in the city of Oswego and to Syracuse on the weekends for free. WTOP-10, the student-run television station is a recipient of some of this fee. General Manager of the station, Matt Bishop, said that he thinks the fee should be higher to allow smaller clubs to have access to the funds that larger clubs receive, but also mentioned its importance.

See FEE, A4

Oswegonian.com RAIL JAM HIGHLIGHTS

WEB Connor Gannon | The Oswegonian


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