The gamecock. (Columbia, S.C.) 1908-2006, August 04, 1982, Image 1

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

South-iCaroliniana/aLibrarjr \ ' Horseshoe > < - USC student I By Forrest Brown A higher percentage of student loans at USC are being paid back despite the scarcity of jobs and tight money supply, a spokesman at Student Loan Accounting said. "It is still a problem at the university, but we've reduced the default rate substantially," said Bob Perrin, loan collection manger. The default rate is based upon the percentage of people i 4 r i 11-. : i wiiu ian iu repay ieuerauy issutju siuuem iuaii&. During the 1980-81 fiscal year, the default rate at USC regional campuses was 15.72 percent of the national Defense Student Loans and Direct Student Loans that the regional campuses issued. During the 1979-80 fiscal year, it was 29.4 percent and in 1978-79,32.06 percent. THE COI.IJMBIA CAMPUS default rates are lower than regional campus rates but reflect the same downward trend. During the 1980-81 fiscal year, the default rate at the Columbia campus was 7.73 percent of the national Defense Student Loans and Direct Student Loans that the Columbia campus issued. During the 1979-80 fiscal year, it was 14.33 percent and for 1978-79,17.36 percent. "You can see how the default rate has been reduced in the past couple of years," Perrin said. Perrin gave several reasons the regional campuses have had higher default rates than the Columbia campus. "A LACK of communication is one of the biggest 4 [ SM ' - v - A.: :; - .:;?-g-' ,::- . .:".:X".:? ^"->^>^k, - " ' "-: J ^1 ^ ffi' V ill^| Two suspects were arrested in Snowden dorm in connectio summer. Professional scho By Carla N. Seitz Southeaster ? business ar USC faculty salaries for some profes- averaged $ sional schools are more than $2.2 million average (ej below those of other Southeastern schools. data for eng University figures compiled from data USC and $32 provided by the state Commission on The data Higher Education show faculty salaries in faculty rati technical disciplines lower than those of elude profe comparable state - supported institutions assisianipr throughout the Southeast. USC is " USC's proposed 1983-84 budget to CHE salary budf designates $5.9 million for "unique costs," we are no of which $2.6 million is earmarked for market, ot faculty salary enhancements in affected, engineering, computer science, business "To attra and management, biological sciences, faculty, w< physical sciences, mathematics and nursing. work," Bor "In the very key areas to economic The max development in the state, USC faculty to all USC salaries reflect discrepancies of as much as percent, efl several thousand dollars," USC Provost In the "h " T*?1 l- "" 'l fiolHc r rancis i. DurKuws>n.i aaiu. In computer science, for example, the higher edi data show the average USC faculty salary is industry," $24,289, compared with the $29,582 average "Our pri of computer science salaries at further be! oan default ral problems." Perrin said contact between his office and the regional campuses is more difficult than contact with the a Columbia campus. "It is harder to collect the loans at the regional campuses," e he said. p Perrin said he believes the turnover rate at the regional a campuses is a factor in collection. More students at the h regional campuses attend for one or two semesters and then d drop out, he said. They have higher default rates. The Columbia campus default rate of 7.73 percent was well t below the 1980 S.C. rate of 17.4 percent. The 1980 national default rate was 11.95 percent. ' c In 1980 the interest rate on student loans changed from 3 s pel V,^ut WW j j^i s PEKRIN CREDITS state government as the leading ? contributor to the decreasing default rate. Perrin said the state withholds tax refunds of those who c have not paid back loans and forwards the money to the in- ? stitution the student attended. t The S.C. Tax Commission returned $119,651.42 to USC in 1980 from tax refunds of students who did not pay back their f loans. "Surprisingly. $135,976.02 already has been turned over to < the university this year. There has been an effort by the state < to assist on collection of loans," Perrin said. By Wesley Tucker Two suspects have been B University Police Department S| in separate incidents in Sn< according to Assistant Vice ! B Law Enforcement and Safety I B Clifton Howard Blair, 28, of < arrested after a University Pc I in Snowden dorm July 1, acc B Carl Craig of University Policc Craig said Blair, who is no H the university, pleaded trespassing, housebreaking larceny. Blair had a choice c days in jail or paying a $412 fin pay the fine. / Arrested in a separate inci Ngoc Hoang, a USC studen Snowden dorm this summer dorm this past spring. Hoang June 16 and charged with mul housebreaking and larceny. Craig said Hoang is aw? General Sessions Court. Craig said the Blair case v most baffling cases he a Mikutaitis have had to solve. Craig said the suspect ap staking out potential victim waiting for them to go to the si While the resident was in tl suspect would steal the vict Photo by Capers Hammond , . - , .. , ' hooks for bathrobes are out n with break-ins during the shower area. The suspect would take a k ols' faculty salaries n peer group institutions. In EarleHolley. id management, USC salaries "If we enter another year 31,673 while the Southeastern we are in great danger of 1< (eluding USC) was $35,844. The said Dr. Robert Cannon, chai ineering faculty show $28,786 for computer science departm t,697 for other institutions. Carolina establishes a repi are based on the ideal student- salary increases in two years o for each department and in- difficult to attract new fac ssors, associate professors and Although faculty are not le< ofessors. puter science department, rlpnrlv iustified" in our faculty thev have left in the past, prii ~J ? V ~ - _ ?et request, Borkowski said. "If of higher salary offers elsewh it competitive in the national State governments hav< ir programs will be adversely salaries competitive with the said Daniel J. Antion, ass< ,ct and hold onto highly qualified Educators in technical discif j must reward them for their paid comparable salaries, he < 1-! -J nniiiarciHoc hav<> i KOWSRI Sd!U. Dt'tuunc uiui^iuiuvu ? >?/ imum salary increase available libraries and various depa faculty in the 1982-83 budget is 1 research at one time, he sa ective in January. expected to cover the k ighly competitive" technological developments in the curriculi 5 need to be competitive with "Faculty (at universities] icational institutions and with dustry and do research for Borkowski said. said. It's ironical when ind mary concern is not to get any more money and lure nindsaid USC Budget D^ector universities, he said. te decreases j "In South Carolina, a person cannot be on default for a loan / ? nu De empioyea Dy me state, jrernn saia. j Perrin said Student Loan Accounting takes steps to ducate the students on their loans and the importance of J laying the loans and interest back. He said student wareness about the seriousness of not paying back a loan las been an important factor in bringing the default rate lown. PERRIN GAVE several reasons students do not pay back heir governmental loans. "Most of the defaults result from a failure to understand >bligations," Perrin said. "Only a small percentage of itudents get loans with intentions of not paying them back." "Of course the economv has a little to do with it." Perrin laid. Unemployment has taken its toll on some students' ibilities to pay back loans, he said. Sometimes students overextend themselves financially, causing problems, Perrin said. To counter that problem, a graduate is allowed a six-month grace period before \ )eginnir?g repayment of the loan. FOR MANY PEOPLE, repaying a student loan is their irst experience in dealing with credit, Perrin said. Perrin said the 1980-82 default rate reports will not be compiled for a month, but he hopes the default rate will continue to go down. ist 2 in dorm thefts tuc vitiini o luuin. nuci 1C111UV1115 Luoii in the victim's room, the suspect would then arrested by iock (joor anc| replace the key, all investigators without the victim's knowledge, Craig said. Dwden dorm, "This was a baffling situation for the President for victims," Craig said. )anny Baker. Craig said when similar incidents Columbia was occurred three times on the first, second >lice stake out ancj fourth floors, police began to get wording to Lt. suspicious. Craig said that was when the - decision was made to stake out the area, t a student at leading to Blair's arrest. guilty to Hoang was arrested June 16 in a separate and multiple incident and charged with multiple counts of )f serving 120 housebreaking and larceny. e. He chose to Craig had a list of incidents involving Hoang dating back to Feb. 23, 1982. dent was Onll CYaiu ?:airl a nonplus resident had t residing in stolen from his wallet in the top bureau and Douglas drawer Feb. 23,1982. was arrested Hoang was the victim's roommate. tiple counts of Craig said Hoang reported $75 stolen from his wallet also. Craig said the police kiting trial in later charged Hoang with stealing his roommate's money. He said police /as one of the believed Hoang fabricated his own theft nd Lt. John story to cover tracks. ?parently was Baker advised all students to lock their s' rooms and rooms and watch their keys closely. lowers. "We're working hard with residence hall le shower, the directors to forewarn student residents that im's key. The theft and crime is a serious aspect of student of sight of the life that must be dealt with. We want to prevent crime, not just solve what's already ^ey and unlock happened," Baker said. relatively low Antion said other state supported with no raises, schools can offer higher salaries than USC Dsing faculty," as well as benefits, such as living rman of USC's arrangements, mortgages and in-house lent. If South loans. Litation for no From an interview with Rorkowski, WIS? , it will be very TV reported that more than 50 technical ;ulty, he said, faculty members left USC within the past wing the com- two years? 16 from the business departCannon said, ment, 12 from engineering and !3 from [iiarily because mathematics and sciences. lere/ ? never paid ? >se in industry, s m | >ciate provost. |flSICy& >lines should be *? w said. Columbia City Council is expected to comprehensive address today a proposal to close a section rtments doing of Greene Street near Russell House. Page id, faculty are two. itest research A diverse crowd welcomed a native um. North Carolinian, James Taylor, to the ) can teach in- Carolina Coliseum. Page five. them," Antion No'Hility and the Chemcocj^s are the top UStry can offer teams in the final regular season in tacuuy irom iramurai sojwau pou. t'age seven.