August 9, 2011

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THENORTHERNLIGHT

AUGUST 09, 2011

UNIVERSITY OF ALASKA ANCHORAGE

WWW.THENORTHERNLIGHT.ORG

Fall semester textbooks hitting recycle bin Alaska oil wealth Students want say in bookstore recycling process, some books are still useful fund closes FY ‘10 at $40.1B By Matt Caprioli News Editor

Summer fun at Aleyska

Last of summer pickin’s available on the mountain

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Editorial Soldiers, not F-22s the face of budget cuts

PHOTO ILLISTRATION BY WILEY CASON

Though many students would rather find their textbooks in the recycle bin, the bookstore has been hesitant to allow students to go rummaging for old books.

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Planetarium offers 360º view 8 computers, 2 projectors take viewers to the stars

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Overtime NFL lockout over, lockedin to new contract

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Index:

No one wants to pay for expensive books, and students will happily avoid the bookstore if Amazon, craigslist, or word of mouth can offer cheaper textbooks. One untapped resource may be the recycle bin that the bookstore offers for those books that it can’t accept during buyback sessions. Here are a few titles that were available on August 1st: • Human Anatomy Lab Manual • Introduction to Statistics • Introduction to Geology • “Fiction” 6th edi. by R.S. Gwynn. • “Living with Art,” 8th ed. by Mark Getlein All these books have no market value, so the bookstore chose to give students the option to recycle books

in a collection bin. The collection bin provided by One Planet Books, a book recycling program sponsored by MBS— the bookstore’s main shipment supplier—is there year-round But some of these books students can still use. The Human Anatomy Lab Manual, for example, has not changed in three years, and the same edition will be sold new at the bookstore this fall. Last spring it was 97 dollars for a new edition. The statistics book in the bin was an eighth edition. This fall Stats 252 has moved on to the ninth edition, but like many new editions in the general education field, not much has changed, according to the Statistics Department. The bookstore stopped taking this edition at the beginning of spring 2011 semester.

By Becky Bohrer Associated press

JUNEAU, Alaska (AP) — A fund established decades ago to share Alaska’s oil wealth with future generations has hit $40.1 billion. The Alaska Permanent Fund on Tuesday reported a 20.6 percent gain for the recently ended fiscal year, its third-highest return and biggest since 1986. Chief Executive Mike Burns said it was an outstanding year but the fund’s board and staff don’t chase returns. He said the goal is a positive rate of return over the long run and that’s the focus in building a portfolio that doesn’t change in response to short-term book recycle see page 02 market conditions. “We don’t live year-to-year, and really try to take a longer view,” Burns said. The fund reported that stocks comprise about half its total value and were the biggest contributor to its overall performance. The fund’s real estate portfolio gained 16.9 percent for the year; U.S. bonds 5.3 percent; and non-U.S. bonds 0.6 percent. The fund reported that its alternative assets also contributed to the up year. The fund receives 25 percent of the state’s oil royalties, Burns said, which amounted to $887 million last fiscal year. This year, the fund expects to transfer $800 million to the dividend division for checks to Alaskans. Last year, the fund said, $858 million was transferred.

Starbucks coffee costs extra on campus, causes commotion

With the high cost of coffee students need a way to counterbalance the price and still maintain a good budget By Ashley Snyder Features Editor

What is one thing that is essential to most students’ daily lives? Coffee. And what is one of the most popular places to get coffee on campus? Starbucks. Unfortunately, like most places on campus, the menu at this particular Starbucks is more expensive than other off-campus venues. This fact causes problems because many Starbucks fans believe the prices of Starbucks’ coffee is already too highly priced at regular locations. Now they have to pay extra on top of it. Some drinks are really not that much more expensive, such as the Grande Café Mocha which is $4.55 on campus and $4.50 at another location such as Carrs or Fred Meyers. But another typical drink, such as a Grande Vanilla Latte runs at $4.70 on campus and $4.40 off. Also, generally when a person upgrades their drink from a Grande to a Venti the price difference is around 30 to 40 cents, but on campus it can rise up to more than 60 cents. “We get a lot of people that complain about the higher prices. But [the people who own it] draw their prices based on profits and that’s where some of the extra

News.....A2

Features.....A3

UAA Starbucks barista Marci Shannon holds up PHOTO BY JIM FOSTER/TNL a “treat receipt” on August 3rd. If asked, baristas will stamp the receipt of your coffee purchase, which allows the customer to buy another coffee the same day for $2.

comes from,” said Starbucks barista Amber Preston. The nearest off-campus Starbucks is over a mile away on Tudor, which can take over thirty minutes to get to walking. Impossible for students who want a Starbucks beverage in-between classes, and unthinkable in the winter when the sidewalks become treacherous sheets of ice. This forces most students to shell out the extra money to get their favorite concoctions conveniently. Some people opt to not

Opinion.....A5

spend any money at all, at least not their own. “I don’t go there unless I have a gift card anyways. All of the Starbucks cafes are expensive,” said student Amanda Owens. Fortunately, the Starbucks Corporation has provided a way to help keep the costs down and still allow students to have their favorite drinks. This miraculous deal is called the treat receipt. All one has to do to get one of this tasty little receipts is to buy any

Starbucks see page 03

A&E.....B2

Sports......B6

Comics.....B8


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August 9, 2011 by The Northern Light - Issuu