The Vista November 12, 1987

Page 1

T 12, 1911 87 November

E

Vol. 86, No. 20

VISTA

Thursday Edition

Central State University, Edmond, Oklahoma

Aid cutoff threat angers education administrators By .1. Money

On Nov. 4, U.S. Secretary of Education William J. Bennett said he would cut off federal educational aid to educational institutions across the nation who had a default rate in excess of 20 percent on Guaranteed Student Loans. In a Nov. 5 Daily Oklahoman article, Bennett was quoted to say that institutions which have a guaranteed student loan program default rate in excess of 20 percent in 1990, would "immediately be subject to limitation, suspension, and termination proceedings with respect to their continued participation in federal student aid programs." The article said a list provided by the U.S. Department of Education indicated that 46 of the 83 educational institutions within Oklahoma had default rates above 20 percent, including CSU. Sherri Hancock, director of Student Financial Aid at CSU, said she does not know where the Department of Education got its figures from regarding CSU's default rate. "Information obtained from the Oklahoma State Regents for Higher Education, the guarantee agency of our loan programs, indicates CSU has a much lower default rate than indicated by the

Department of Education report cited by Bennett," Hancock said. Hancock also said it would be unfair for institutions who have default rates in excess of 20 percent to lose federal support for the program. "Institutions are only the originator of the loans," Hancock said. "They are not responsible for making sure students pay their loans. The guarantee agency is responsible for following up on loan defaults, because it is that agency that has to buy the loan back when it is defaulted on. The loan is purchased back from the lending bank or other agency." Dr. Lee Walter, vice chancellor for student affairs at the Oklahoma State Regents for Higher Education, said that on Sept. 30, CSU's student loan default rate was approximately 12.59 percent. Walter said, however, that the default rate she provided was only for the loans guaranteed by the Oklahoma State Regents for Higher Education. "Whether or not the list Bennett used includes other loans to students, I am not sure," Walter said. Watler said Bennett's remarks have upset many congressmen, and even members of his own staff.

College bowl extends , opportunity to 'brains' brains By R. Brown

Student Writer Are you a Mr. or Mrs. Know-it-all? Are you familiar with the game show "Jeopardy"? Are you interested in games? If you answered "yes" to all of these questions, give yourself 15 points and sign up for the College Bowl, a question and answer game played between two teams of four players each. Sign-up days are Nov. 30 through Dec. 2 on the first floor of the University Center. The College Bowl is a team competition, and is academic in nature. Students are asked questions from A to Z in fields ranging from accounting to zoology. Bill Smith, tournament director, recommends that students strive for a balanced team, such as, finding one person good at music, another at science, English, math and so on. CSU plans to hold the College Bowl around Jan. 28 or 29. In order to qualify for the College Bowl, undergraduates must be enrolled in seven hours, and graduates must be enrolled in six hours for the spring semester at CSU. The game is voluntary and there is no fee. To play the College Bowl a team must be composed of four players and one alternate. The teams can be mixed, female and male. If teams represent an organization, it can form two or three teams and compete against each other. Points are scored by correct answers to questions asked by the Moderator. There are two types of questions: Toss-ups and Bonus. The team with the most points at the end of the game wins. Members of the first place team receive a one year (two semester) tuition waiver, and the runner-up team members win a one semester waiver. Members of teams who win first and second place also receive trophies. The winning team has the opportunity to play at the regionals, which are held at the Oklahoma Baptist University. The states that will be represented are Arkansas, Kansas, Missouri, and OKlahoma. Students from junior colleges and four year colleges will be participating. Its an all day tournament, and the winning team will proceed to the national competition. If you have any questions concerning the rules or regulations of the game, contact Bill Smith at ext. 3337.

"Members of the Department of Education were not even consulted before he made those statements," she said. "One of the remarks he made concerned having the loan programs of educational institutions reviewed to see if there was any fraud or abuse involved," Walter said. "But, the office of Student Financial Assistance within the Department of Education has indicated it would need additional field reviewers and support personnel to accomplish that task." Walter also supported Hancock's statement about educational institutions not being responsible for following up to see that loans are paid. "An educational institution does a little bit of financial counseling before processing a student's application for a loan. Institutions also conduct exit interviews before students leave," Walter said. Walter said that beyond that, the educational institution has no part in counseling students to meet loan debts. "It's unfortunate that Bennett has gone to the backs of students and educational institutions to attempt to balance the budget," Walter said. "Whereas the military has extensive lobbying power, educational institutions and students don't. I think he is taking advantage of these two groups because they don't have power," Walter concluded.

Photographic Services: Tom Gilbert

Warming sunlight streams through the leaves and branches of a tree. Temperatures are expected to rebound to the 60s by Friday.

Phone enrollment provided CSU graduate students may enroll by phone beginning today. Darrell Gilliland, acting director of Admissions and Records, said CSU has offered the service for more than a year. Gilliland said admissions begins to enroll students over the phone when enrollment starts, but because of a heavy workload during this enrollment period, the school wasn't able to begin this semester's service until today. "We also do it for undergraduate students who have a hardship and can't make it into school during normal hours to enroll, and new students living out

of state who have questions about courses or other problems," Gilliland said. Students who need courses requiring permission are not allowed to enroll over the phone, and students who wish to drop or add a class must do so at the campus. Students who use the service are required to supply the enrollment operator with title, course and section number of each class they enroll in. Students who have questions concerning the phone enrollment policy will find information on page 3 of the Spring 1988 Class Schedule.

Career day draws 70 companies The CSU Career Day is set for Wednesday, Nov. 18, 8:30 a.m. to 2:30 p.m. on the third and fourth floors of the University Center. Company representatives will be on hand to talk to interested students about career opportunities. All students are urged to attend regardless of major or classification, according to David M. Landrum, associate professor in the College of Business. "We have invited 70 companies and governmental agencies to our campus that day," Landrum said. "December graduates should be especially interested because some companies will be looking for prospective employees and could invite that person to their office for interviews. "We are trying to do everything we can to get everyone on campus in every field or major to come look," Landrum said. Hallways of the third and fourth floor of the University Center will have representatives available along with brochures, visual aides and a variety of information about each company. "There are quality people here at CSU and we want these corn-

panies to be aware of this so they will schedule interviews through our campus placement office," Landrum said. A luncheon is planned from 11:45 a.m. to 1:15 p.m. with the business representatives as special guests. Luncheon speaker is Statesman-in-Residence George Nigh. Tickets for the luncheon cost $8, and may be purchased in B128.

During the Career Day activities, company representatives will be available from: A.B. Dick; AT&T; Arthur Andersen; Arthur Young and Co.; AMOCO Corp.; ATC Direct Line; Bache, Halsey, Stuart, Shields, Inc.; Becker CPA Review; CSU Graduate College; CSU ROTC; Chrysler Credit Corp.; Conoco, Inc.; Continental Federal; Dunn and Bradstreet; Deloitte-Haskins and Sells; and Donrey Outdoor Advertising Co. Also Eastman Kodak; E and J Gallo Wine; Ernst and Whinney; Ford Motor Credit Co.; Federal Bureau of Investigation; Federal Reserve Bank; Fife Corp.; Finger Office Furniture; Founders Bank and Trust; Foley's; Foxmore; Goodyear Tire and Rubber Co.;

General Motors Corp.; GMAC; Holiday Inn N.W.; Hardee's; John Hancock-Morris Agency; IBM; Internal Revenue Service; Kerr-McGee; Love's Country Store; Liberty National Bank. Also Money Concepts; Northwestern Mutual Life Insurance Co.; Oklahoma Financial Group; Oklahoma State Banking Association; Oklahoma Employment Security Commission; Oklahoma Office of Personnel Management; Oklahoma Publishing Co.; OG&E; Oklahoma Department of Tourism and Recreation; Oklahoma State Department of Corrections; Oklahoma Gazette; J.C. Penny; and Peat, Marwick. Also Prudential Insurance Co. of America; Principal Financial Group; Pheoenix Co.; Smith Barney, Harris, Upham, & Co., Inc.; Sherwin Williams Paint; Small Business Development Center; Tinker Air Force Base; Touche Ross; U.S. Navy Recruiting Office; U.S. Army Recruiting Office; U.S. Federal Correctional Institution; UARCO; V.A. Medical Center; Waddell and Reed; William E. Davis; A.L. Williams; and Xerox.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.