THE DAILY TARGUM
Volume 141, Number 93
S E R V I N G
T H E
R U T G E R S
C O M M U N I T Y
S I N C E
WEDNESDAY FEBRUARY 24, 2010
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Today: Rain
ROCK SLIDE
High: 42 • Low: 31
The Rutgers men’s basketball team lost its third straight game to Seton Hall 76-70 at the Prudential Center. Jeremy Hazell scored a game-high 25 points for the Pirates.
CARD Act swipes in new credit regulations BY COLLEEN ROACHE CORRESPONDENT
It may be that the fine print is a little too small or the shoes on the shelf are a little too cool or the tuition is a little too high, but whatever the reason, college-age young adults often fall victim to credit trouble. New regulations that went into effect Monday will make it a little harder for that to happen. “The new rules are an unprecedented step in my administration’s ongoing efforts to strengthen consumer protections and enact meaningful financial reform,” President Barack Obama said in a statement. “These new rules don’t absolve con-
sumers of their obligation to pay their bills, but they finally level the playing field so that every family and small business using a credit card has the information they need to make responsible financial decisions.” Provisions in the Credit Card Accountability, Responsibility and Disclosure Act regarding people under the age of 21 now prohibit young people from obtaining a credit card without a co-signer over the age of 21, unless they demonstrate they are financially able to make payments, said Jared Bernstein, senior economic advisor to Vice President Joe Biden, in a conference call.
SEE CREDIT ON PAGE 4
BONNIE CHAN
The CARD Act prohibits people under 21 years old from applying for credit cards without a co-signer over the age of 21. The new law aims to protect youth from piling up unnecessary debt.
Student steers youth toward green efforts U. study projects PERSON OF THE WEEK delayed recession recovery in 2010 BY NEIL KYPERS EDITOR-IN-CHIEF
Being a full-time student can feel like a full-time job. But for one University student, balancing school and an internship pays off in more ways than one. As a New Jersey Public Research Interest Group Student Chapters intern,
School of Arts and Sciences junior Annabel Pollioni works with other interns to educate local children in grades K through 12 on how to better ser ve the environment in their community.
ANNABEL POLLIONI
“[We] look up local schools like Nor th Br unswick, Edison, Milltown, and … of fer the oppor tunity to … teach the students about energy ef ficiency and community involvement,” said Pollioni, an
intern with Energy Ser vice Corp, one of NJPIRG’s many initiatives. Pollioni, a Toms River, N.J. native, previously attended school in California and had her first experience with NJPIRG through a neighboring school, Berkley.
SEE YOUTH ON PAGE 7
ALL THAT JAZZ
INDEX UNIVERSITY Two award-winning filmmakers share their secrets behind fusing art and science through documentary films.
OPINIONS A court allows the case of a Facebook villain to go through as the question of free speech once again arises.
UNIVERSITY . . . . . . . 3 NATION . . . . . . . . . . 9 OPINIONS . . . . . . . 10 DIVERSIONS . . . . . . 12 CLASSIFIEDS . . . . . . 14
JENNIFER MIGUEL-HELLMAN
Visiting saxophone player Mike Smith fills the Nicholas Music Center on Douglass campus with classic sounds last night at Rutgers Jazz Ensemble’s “A Tribute to the Great Julian ‘Cannonball’ Adderly.”
CONTRIBUTING WRITER
Two University faculty members believe the worst part of the recession is over, but economic woes may still loom. James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy, and Professor Joseph Seneca contributed to a report on the topic, entitled “Y2K+ 10: A New Decade Unfolds.” “The report is part of our on-going analysis of national and state economic conditions and the implications of these for employment, income and state policies,” they said in a joint statement via e-mail correspondence. Their research follows the economy from the growth that marked the beginning of the 21st century to the recession that concluded its first decade. In the study, they assert the lessons learned and changes made from the “Great Recession” pale in comparison to those of the Great Depression, according to a news release. Although their research indicates that the worst part of the recession ended in 2009, it also suggests shockwaves may still be felt during the economy’s recovery, and effects will continue to infiltrate colleges and universities, where students are forced to contend with budget cuts and tuition increases. The researchers believe the recession will have several repercussions for students. “Labor market conditions are directly affected by the state of the economy, thus affecting job prospects for students in the immediate future,” Seneca and Hughes said. “The harsh recession
SEE STUDY ON PAGE 8
Group adds up plans to explore term bill fees BY RINAL SHAH CORRESPONDENT
When the University publishes term bills each semester, some students glance over the amount due but never really question where their money ONLINE @ actually goes. For those students, the Livingston DAILYTARGUM.COM Campus Council is forming a special committee that will be in charge of investigating term bill fees. SPORTS . . . . . . BACK
BY JENNIFER LILONSKY
“I think that is a great idea, because it is important for students to discuss exactly what they are paying for,” said Winiris De Moya, president of the council. De Moya feels the potential committee will be enlightening to many students who are unaware of the concrete breakdown of the term bill fee. The committee will be comprised of five students, who will meet once a week to discuss their common con-
cerns with the term bill, De Moya said. At the moment, it is still in its beginning phases. Students are sometimes unaware of what they are exactly paying for, besides their education, she said. This committee will allow for some clarification. The University was unavailable for comment about fees on student term bills at press time, but the Student Accounting Financial Services Web site
provides explanations to the different fees charged on the term bill. The Web site also lists the eight separate sections on the University term bills that contribute to one semester’s total charges. Each fee ranges from the more substantial amounts charged for tuition and housing to the smaller costs such as the school and computer fees.
SEE FEES
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