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Editorial" use I Rjtrln WI 1%' ,4For Carolina to be the ir we need Frank Borkowski. Those words, spoken reci Holderman about our cum Since mid-1978, Borkowski working with faculty and stu know there is truly somethir Right now, he is faced wi the course of his profession accepting or rejecting the president of West Virgil BORKOWSKI is one of foil position and he will be leavi beginning of October for fur Knowing that he was bor doctorate in education, it's difficult. Any decision base certain to be tough. But Bo noiaerman is. He can go a ] its feet once and for all. If pe a change at Carolina since observant. If they have, the; of that growth and impro faculty that teach here. Thai to Frank Borkowski. DEALING WITH deans or has alwavs been even-hanr this university needs to und< in the future. To us, he has I with time to give even when Talking with faculty me Borkowski, it becomes clear their provost. Studies have fairly and given input into also show that faculty me working at USC, despite criticism. The following quote appes Borkowski said "I wouldn't here just as I wouldn't wai have a case to keep me he from the truth. Borkowski a much he's needed here and have to do were to listen tc have of his job performance DURING TWO-WEEKS in C totally friendly, intelligent a long history of dedication to We only hope that the univei here and not in Morgantow Wp know U/P cnoab fnr (V - ?- " ^ "Kv"'? ,v" " educators at this college whi to stay with us and help us making this university the I the quality of our faculty, fo numerous research grants, international university fu world. Dr. Borkowski can ah complishments USC has wo HoAlcinn f r\ cf ntr V-? ??? UV.V.101UU IU oiajr ia^i c UC tdll i gam: University ot South El Newsroom: 777-7181 Business Office: 777 tBBB Mark Platte i Jill H.iiuoik C"PV Desk DjvkI Corvette News I Tom Coyne Asst. News f Don Weatherl?ee Editorial Page E Mike Komatowski (n'ertainiru-nl E lohn Vauohan i - t Sole reproduction rights granted t r Mined herein may not he reproduced Opinions expressed in the Gamecc i signed, of the editor. The Gamecock welcomes letters , typewritten, triple-spaced on a b1 spj Letters should be no longer than H newsworthy subject no longer than ! signed with the writer's correct na Islanding or faculty position and majo njmf mjv tie withheld on letter unn I We reserve the rixhl to edit column the ri#ht to reject jny column (or any Address letters jmd columns to: fd Columbia, S.C. 29206. Weeds owski lsutuuon tnai we want 11 10 oe, ?? ently by USC president James ent provost, bespeak our own. has done an exemplary job of idents. Those who have met him icr snppial nhnnt this: man o ' th a decision which will change il and private career ? a possible offer to serve as nia University in Morgantown. ir finalists to compete for the ng for Morgantown, W. Va. the ther evaluation and discussion, n in that state and acheived a obvious that the choice will be H An O^irnn/iinrf Arm V i o u vsu tuj v anting W1IC O LrtlCCI Id rkowski is needed here just as long way in helping USC get on ople is this area haven't noticed 1978, then they're terribly nony must realize that a large part vement have come from the t, in turn, must lend some credit freshmen students, Borkowski led and truthful about the role ertake and what his role will be been a frank, helpful individual his schedule is limited. mbers that have worked with - that they are also pleased with shown that faculty ai'e treated administrative decisions. They mbers are truly happy to be budget-cutting and student ired in Monday's Gamecock . want to endanger my position it people to think they need to ire," Nothing could be further ertainly doesn't realize just how if he wants more proof, all he'd i the positive comments people ; and quality of service to USC. hina, he was revealed to us as a ind concerned individual with a the universities he has served, rsity he will be helping remains rn, West Virginia. le entire body of students and sn we ask Dr. Frank Borkowski take that tremendous step into "?pst it ran nnssihlv itp fhrnimVi li WV, UUVUgll r our ability to gather and earn and to expand USC's role of an rther and further around the *eady be proud of the acrked hard at achieving. With a make us proud. ECOCK Carolina, C olumbia, S.( . unded l<>0? Advertising 777-4^49 Production: 777-iHli dilor Tra<-y Helms Sports iditor Chief l'm Corbet! Asst. Sports Editor dilor Mike Fisher Graphics idilo | ditor lerry Brewer General Manager ' dilor linda Maine* Advertising Manner dilor MiriMtEwm I'rodut tion Manager dilor |Mn Halchell Business Manager MarV (thndge |r Adviser 0 Ihf Associated Press. All other material con1 without the permission of the editor. >ck are those, if signed, of fhe writer and. if un and columns. All letters and columns must he ice line. K) words, and ?olumns should he limited to one four typed pact's. Letters and columns must be me, telephone number, mailing address, class r. Pseudonyms are unacceptable, but the writer's n request, K the c ire umstarues warrant it. s and letters tor space and style, and we reserve itorial Pa#4" ldit??r, Drawer A, USC, BIBB / flip YounaA The following column by Glen and Shearer was originally published April 28. However, the story still makes worthwhile reading in view of today's economy. Washington? Ronald Reagan and other parents must wonder why their children don't save monev anymore. Last month, Americans withdrew over $1.7 billion from passbook savings accounts alone, a new record for any onemonth period. What happened to the Great American Savings Account? Well, Mr. President, it's gone ? like a broken piggy bank. With inflation novering at 13 percent annually, the measly five percent passbook account is at worst a waste of time, and at best a childish exercise in thrift. k MOST PEOPLE we know have given up saving entirely. They can't afford it. Rents are prohibitively high, home loans are out of sight and heating bills have, for some, made groceries a luxury. What's most startling is that young Americans, who've chosen to live alone in greater numbers than ever before, aren't even trying to "put a little away." Maybe their parents never gave them piggy banks, yet most of our friends who live here don't even know how to save. TO THE EDITOR: Thank vnu v<?rv mn/?h f^r. J J ... V.W.I IW. the editorial in the Sept.23 issue of the Gamecock concerning all of the hard work put into the All-Niter. We appreciate your r'nmmnn/liiuj no ?? - ";~L ua uii U JUIJ well-done" but must point out that you failed to Willi, i.( duffs Spen With what little money they nave, tney Duy name brands, have their laundry done professionally and think nothing of paying $4.50 to see a movie in Dolby stereo. One 22-year-old friend makes $11,000 a year working only three days a week: vet her savincs habits lead her to complain she can't afford French Roast coffee beans to pulverize in her chic German coffee grinder. IT'S LIFESTYLES like this that are keeping young Americans from saving these days. Once away from mom and dad, the II CC O^CIIUCIS wain IU duplicate quickly the life they've left behind: a latemodel car, ample living space, stylish furniture, vacation time and some ol the most frivoulous kitchen gadgets imaginable. An Ohio couple we know tun ? * vuuiun I WtUl U II 111 marriage to drop $3,000 on an antique bedroom set. The collegiate couple, both of whom are on scholarships, plan to honeymoon in the Middle East as soon as thov Opt mnrrinH anrl fin/1 ? VJ .IIMailVU MI l\4 11I1U the money. Like many Americans, this couple as also has opened a NOW account in preparation for their life together. These new "interest-bearing" checking accounts are more dangerous than credit cards and will enable Letter To T mention that we, the KinkpII lJmicn 1 Union, are thdorganization which sponsored the AllNiter. Your omission of our organization's name is a reflection of an image problem we realize we have. nMBBMHHnHHRHHHHBHni - J* _ . living, no thousands to flush their savings from high school down the drain. THOUGH NOW accounts were originally designed for older, wealthier depositors, they've caught on with young people as \imll And though it's hard to say for sure, it looks like some have dumped evervthint? intn thpsf* ar - */ O ? ?.-W counts so they can earn interest and write checks too. "NOWs have grown very rapidly since the year began," said John Williams, research statistician at the Federal Reserve Board here. "Because of required minimum balances, people are cashing in their liquid investments into NOWs." Though NOWs may sound tempting, they're no way for young people to earn any real interest. Many banks penalize customers ior tailing below the minimum balance, while others charge for each transaction. These two fees could possibly wipe out the annual interest in several months; some institutions refuse to pay any interest for an entire year if you goof once. Nevertheless, by midMarch almost $36.6 billion had been deposited in new NOW accounts? 10 weeks after the federal government permitted banks and hp FHitni" Often, specific committees are mentioned without also naming the organization they are a part of. Indeed, in your * tumor la I you mentioned Cinematic Arts and Contemporary Sounds without nnco mnnl!/."!"" ? v viii (III? Russell House University It t Saving savings associations to pay interest on checking accounts for the first time since 1933. IF YOUNG people were really interested in saving, they'd dump their money ~ : ui ~ 1I11U iX 1CSS UCCCSS1UIC ttU" count. Until they do, the 5and-one-fourth percent NOW account just makes it easier to spend NOW what you earned THEN. No one can be sure why young people are so uninterested in saving for the future. Raised in an era of seemingly limitless propserity, many have grown accustomed to getting anything they wanted. But as the future has darkened, young Americans have lost all faith and are spending as quickly as they can. Arthur Levine, author of "When Dreams and Heroes Died-A Portrait of Today's College Student," contends that today's fatalism has fueled a new hedonism. "mere is a growing belief among college students that, if they are doomed to ride on the rn;i iu... i A * i ileum , nicy ai itasi uugiu to make the trip pleasantmake that lavish-as possible, go first class, for they assume there is nothing better." UNTIL AMERICANS see a brighter future, they won't be making the sacrifices needed to save for it. Union. In actuality, the entire Union worked together to present the AllNiter. SL'SANN E ESP OS 1TO Vice President Russell 11 o u s e University Union