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ranger Serving San Antonio College since 1926
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Volume 88 Issue 16 • March 28, 2014
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Credit cards can get you further in debt Earning interest can be the reward for saving money, and paying interest can be the cost of borrowing money, business Professor N. Mai Lai Eng said. When an individual doesn’t pay a credit card in full each month, the cardholder is charged interest on the remaining balance, she said. That’s what the credit card company earns, and it adds to what the cardholder owes. Eng said if someone pays $500 for tuition with a credit card and repays only $100 each month, the credit card company will charge them interest on the remaining balance. “It could end up costing you more,” Eng said. “That $500 tuition can end up costing you more if you take a long time to pay that balance off.” Eng said interest increases every bill cycle, and a credit company will re-evaluate the interest based on the remaining balance after someone has made a payment. “You’re paying interest on your interest,” she said. “It will end up making you spend more money than you would’ve if you had paid it off.” She said one major problem with some students is credit card debt because of unpaid balances. She said people should not use credit cards unless they really need to. Instead, use cash for everything, including small purchases. “You should be very careful with how you use your credit card,” she said. “That’s the best thing that I can say for students.” To earn interest, she said people should think of how to make their money work for them by putting their money in accounts that generate the most interest. “You need to learn how to make your money work for you versus you work for your money,” Eng said. Eng said it’s hard to find a place that’s going to pay a good rate of interest because of financial problems in the economy. She said in 1978, people could find a savings account with a $500 deposit and earn 5.25 percent interest annually, but today they’re lucky to find an account paying 0.05 percent annually. It is hard to save a small amount of money because it will take a while to generate a noticeable amount of interest unless people continue to deposit money into the account. Building additional principle in an account will generate a greater amount of interest.
Ty-Eshia Johnson
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Trustees and administrators of the Alamo Colleges point to where they think north is after spinning with their eyes closed at a board retreat Saturday in Sutton at St. Philip’s. Different “norths” were meant to represent different educational approaches. See page 5 for full story. Siobhan O’Donnell
SACS/COC investigates all colleges By Bleah Patterson
bpatterson13@studentalamo.edu
Palo Alto and Northeast Lakeview colleges have joined the other Alamo Colleges in receiving notice from the Southern Association of Colleges and Schools Commission on Colleges of an official investigation. Northwest Vista College was served notice March 11 of an official investigation. Letters of inquiry to St. Philip’s and this college from Michael Johnson, a senior vice president of SACS/COC, referenced articles from the Chronicle of Higher Education and InsideHigherEd.com regarding a core change and exclusion of faculty from the decision-making, a breach of process. Since then, St. Philip’s and this college have received a second
notice — this time of an official investigation, Dr. Jo-Carol Fabianke, vice chancellor for academic success, said Monday. Northwest Vista, Palo Alto and Northeast Lakeview all were notified of an official investigation in the first contact. The investigation is regarding EDUC 1300, Learning Framework, which is approved for addition to the core curriculum in place of three hours of humanities beginning in fall. Fabianke, who is the district’s point person on EDUC 1300, said she met with Chancellor Bruce Leslie and Dr. Thomas Cleary, interim president of Northeast Lakeview, to formulate a response for that college. The new president of Northeast Lakeview, Dr. Mike Follins, referred questions about the core change to Cleary because Follins stepped into
his new position March 21. Dr. Mike Flores, Palo Alto College president, has been out of the office all week and has not returned calls. Dr. David Wood, dean of performance excellence, is leading this college’s efforts at a Quality Enhancement Plan in conjunction with the application for a 10-year reaffirmation of accreditation in 2016. Wood is part of President Robert Zeigler’s team preparing this college’s response to the agency’s inquiry of March 20. Wood said the report, due by April 15 to SACS/COC, will add to the agency’s information. “The information they got is not wrong,” Wood said, “but it’s not complete.” He said he anticipates a fair evaluation of the colleges’ reports.
See INVESTIGATE, Page 4
Computers for children By Mandi Flores
sac-ranger@alamo.edu
Music business sophomore James “Tank” Lowe helped expand an online server that provides gaming opportunities for terminally ill children. The server, called “The Cube: A Friendly Minecraft Server,” which he manages with another online gamer with the screen name “Oli,” offers a portal for an online gaming community. It can be accessed at thecubeserver.com. It all started April 21, 2011, after his 9-year-son was diagnosed with cancer. Lowe said he discovered the small 12-person game server when his son was going through treatment. He was looking for a
See DONATION, Page 4
Students tell trustees they want to keep textbooks By Katherine Garcia
kgarcia203@student.alamo.edu
Seven people spoke against a new instructional materials policy to the board of trustees during the citizens-to-be heard portion of the regular board meeting Tuesday at Killen Center. Karen Truelove, an education sophomore at Palo Alto College, began the opposition against the policy, reminding the board that Chancellor Bruce Leslie said books are dead in a town hall March 20 at Palo Alto College. “We know that e-books have their place and there is a growing market, but traditional books are still very relevant,” she said. She cited the Association of American Publishers, saying traditional books made up over 75 percent of sales in 2012, and the rest were e-books sales. “You call this a dead market?” she asked the board. Truelove then asked if the publisher was benefitting and how much, saying “So we’re handing over this juicy contract to some publisher where we agree to buy books for 65,000 students, and we don’t know the price?” “It’s all coming from our pockets, and we have no say in the matter.” According to the Government Accountability Office, a report issued last year stated that between 2002 and 2012, textbook prices rose at an average of 6 percent per year and overall prices of books increased 2 percent per year, she said. Truelove said the report stated while used textbooks and e-books are more affordable, their prices
Students and faculty question retirement incentives and protest e-books. Paula Christine Schuler are directly linked to new textbook prices, adding that all it takes is for publishers to raise the prices. Love asked the board to disclose the average price per e-book students will pay and the expected beneficiary of the cost. She said a publisher would be happy to have a $65 million contract for 65,000 students paying an average of $1,000 a year for books. She suggested the board chair and the chancellor meet with a group of students at all the campuses to determine alternatives. Julian Itwaru, information technology sophomore at Northwest Vista College, said he spends more than eight hours a day studying in front of a computer screen to maintain a 3.79 GPA, and said he needs a textbook to relieve his eyes. He asked the board why they wanted to take away students’ ability to get outside sources and get a book for free. “We’re paying for this; you’re not,” he told the
board. “Stay out of my ability to get my textbooks.” Alexis Morrow, a liberal arts freshman at Northwest Vista College who started the instructional materials petition, spoke to voice not only her opinion but “thousands of opinions.” She said the proposal is “an effort to emphasize the profitable aspects of and standardize our education.” “I do not believe this decision was made out of greed or spite. Rather, I believe it was a decision that was made out of a lack of communication and a huge disconnect between students and the administration.” She said students want to choose where and what form textbooks are purchased. “According to their values and mission statements, the board puts students first,” she said. “I’m here to be sure they know what we need.” She said students need to have purchasing
See TEXTBOOKS, Page 4