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? Money I Wednesday, September 24, 1986 b mmmmmmmmmmmmmmmnimm i i n immmmmm?THE C.T.irmrT i I Student By MARILYN HEMINGWAY Money reporter A little research can go a long ^ way to helping students face the inevitable job interview after graduation, according to a USC administrator. Rcscarch before an interview can inform students about the manner of dress, policies and * mar r v ||^ ;?Sip^pp^ 1 m ^ Bill Bloom (loft), a personnel associt possibilities in chemical engineering. Student Student It 9 By PATRICK JEAN Money editor Nearly four million students have trouble getting student loan association warned recently. The interest rates that students will rise and many banks may st< loans if Congress approves a | special government allowance t making the loans, according to th Association in Washington, D.C CBA lawyer William Clohan ? lenders are in the Guaranteed 5 gram now. "Many banks may j student loan business) completer A provision, approved in Au ^enaie conierence commuiee, Higher Education Reauthorizati the special allowance banks get I the GSL program. To encourage banks to mak fitable loans to students, the gov< banks take an allowance amoun S.C.'s econo * but remains South Carolina's economic ir : i f,A. UlLitlUn lldvx Kimunutu nui their poor June showing. "The saw-tooth pattern of th indicators continues, with on month of decline followed by on month of improvement," sai the September report, publishe by USC's College of Busine: Administration and the sta> ||| Employment S e c u r i t Commission. The state's total unemplo ment rate remained below the n tional rate, dropping 0.1 pcrcei to 6.5 percent. Textile and related emplo mcnt fell for the second co secutive month, with 1,20() jo! lost in July. However, proposed u reforms are not favorab towards some types of real esta which boosted the indicators, tl A report said. W "Both residential and no residential construction, whi have played such an importa role in the durability of tl economic expansion, may negative factors next year." Residential c o n s t r u c t i < declined 9 percent, and nc residential construction plui meted 53 percent after a lar gain in June. Although the r? of new construction remains a W' solid level, this sector should s face t history of the company, said Larry Saltcrs, director of career planning at USC's Career Center. Students will face an evaluation of skills, education, and wrirL pvni'ricncc V,. .X V/M/V, iVMVV. "Students shouldn't ask about salary, but about company expansion or questions they found during research," he said. I M III \ Hfl 1 / \ j m CjHflRt^E^^ 'Jr* "^CSI ite at Kayser Roth Industries, talks to phi Inan n.ri< I VM W * Dans may st( higher than t Treasury bills nationwide may Congress, t s soon, a bankers' ed budget la however, havi i pay on new loans five years, ap making student The allowa: proposal to cut a earlier this ye; he banks get for according to e Consumer Banks financial aid ; When the said about li.UUU "Congress w itudent Loan pro- in," said Bill ust get out (of the Lending Cenl y." come in and I igust by a House- Bannister s in the proposed participating on Act would cut allowance cut for participating in As for out banks have cc e marginally pro- ing out of th< :rnment had let the "The dep; ting to 3.5 percent (because) it \ imv imoroves. f I ' unpredictable i- monitored closcly, since it h n declined in four of the sev months monitored so far tl ie year, the report said, le On the positive side, t ie average manufacturing wo d week rose 0.4 hours to 4( d hours. Initial claims f ss unemployment insurance fell te percent after rising sharply y junc, anu new uusmcss mu porations rose 8 percent. ya On the negative side, the ra nt of average weeks claimed to sured employment, whi y- measures the duration n- unemployment, rose 0.1 perce bs Non-farm job openings unfill fell 5 percent. ix Total non-agricultural empl< le ment registered an increase of 2 ,te jobs. Average weekly hours hp manufacturing establishme rose 0.9 percent, which transla n- to a 1.1 percent jump in wee ch earnings. nt However, the report said ru lis of the indicators suggest any fi be damental change in the stal short-term economic outlook. "Because of the proposed >n change and interest rate inc >n- tives, consumers arc stepping m- their purchases of new cars < ge other durable goods. Whet f hie will tnkr hwhv from il t a year's growth will have to be monitored," the report said. he futui Resumes should contain an objective, education, work experience, honor and awards, personal data, interests and hobbies, said Salters. "Resumes should be short and to the point," said Charlotte Gentry, manager-counselor of EMCOM, a Columbia job placement service. \ ICUIUItXQ CTCIRfTho Rnmnrnrk JWI111II kll UIWIMIMIW WMMIVWV..' losophy graduate Steven Bruce about job sis? >p if incentiv he rate the government charges fo he Gramm-Rudman-Hollings balanc w and the Reagan administration j reduced the incentives over the las nee rate was reduced to 3.25 percer ar and may be reduced to 3.0 percenl John Bannister, director of studer at USC. GSI. program began 10 years age as literally begging lenders to com Kidwell of the National Education, ter. "The incentives enticed them t build improvements in the system." aid no banks in South Carolina ai in the GSL program, so the propose would not affect in-state students, -of-state students, Bannister said n jntacted his office about possibly pul : GSL program. artment would like to see the ci vould make the cost of operating U II 111*1* BUY C STOR CERTI STOR IS.C.'s ^? ** & a i ICXt I e with j If a grade point average is detrimental for the student, it shouldn't be included, Gentry said. References can be listed as available upon request or available at a placement office which a student may use. Gentry said most employers prefer women to wear conservative dresses and men to wear a jacket and tie, but never jeans. "Looking professional is important in an interview," said Lynda Browne, a recruiter for Florida Power and Light Co. A student is protected during interviews from certain questions which are illegal to ask. Questions about race, religion, creed and national origin: havinc an ar rest record; marital status; having small children; or inquiring about any handicaps relating to job performance are illegal, she said. Gentry said the employer can ask questions about clubs or organizations a person belongs to, but not if it pertains to race; any criminal record; and how any military experience can relate to the job. Job areas with more demand than candidates are business and management, computer and information sciences, engineering, mathematics and physical sciences, according to an article by John Shingleton in the 1986 College Placement Council Annual. Jobs with more candidates than openings are biological sciences, communications, fine and applied arts, foreign languages, psychology and home economics, the article said. Students can take advantage of such campus facilities as the es cut, banke r GSL program that much less. The $3 billion a year, which does not themselves," said a U.S. Departm i, spokesman who declined to be ide ;t Students who already have Gu; Loans probably won't feel the ] it students who try to take out loans ? t, reduction goes into effect will lit it higher interest rates on the money Clohan said the interest rate 01 ), bably be 8 percent for the first foi e reduction becomes law. "From fi i\ will go up to 10 percent." o For a student who holds $10,00 the raise in interest represents ai e year, or about $17 per month, he d Bannister said he doubted th allowance reduction would cause o USC. "The big banks, which usu 1- for out-of-state students, are not this allowance reduction. 1 don' it should affect even one student. nif I * ...U ~ I le ii any siuuciu wnu mu uccu 55 cir B 1 I AV-AM/AV AMY E AND THE REFLE) IFICATE GOOD TO' E LARGEST SELE HI &JC .CASUAL PANTS J JEANS DENIN J KNITS SWEAT N COLUMBIA ? Ass ob inter ?111 ^^|^r^?crN<i BmMBwhIhB Psychology senior ivey Durant discus: national Playtex. Career Center, and the Student Employment and Cooperative Education offices. The Career Center offers workshops on career objectives, resume writing, job searching and interviewing, irs' associati total cost now is a small bank is include the loans will no longer I cnt of Education conic to tlie st ntificd. find a new ban arantecd Student The proposcc pinch. However, Act is a sweepii ifter the incentive to the growing cely have to pay work study pro they can find. issues involving ii GSLs will pro- "The good ? Lir years after the borrow more n ve to 10 years, it have more to re is a good, bad ? 0 worth of loans, said. n extra $200 per Major debat said. not be done un iat the proposed elections are c any problems at weeks in sessio ally provide loans Congress and S really upset about it until the nev\ t believe the cuts have it passed Information :tting a GSL from tributed to thi. r rtrDTii i wum ii BQBlHIBi ITEN < WILL GIVE YOU WARD ANY ITEM CTION OF UN HHMHI I DENIM JEANS (BLUE, E /I JACKETS DUSTERS ERS SWEATSHIRTS ? * ^ K 11 / of I o H v y / ^ KI / >tz?l!lk-/iy ci l i?c y \ i v views *V >^Sj | JENNIFER STEIB/The Gamecock tes the future with Handy Payne of Inter according to its Career Placement Guide. Salters said students may tind they have to make a personal decision about taking drug tests during interviews. on warns suddenly told by that bank that they 3C making loans, all he has to do is udent financial aid office. We will k for him," he said. 1 Higher Hducation Reauthorization ng bill designed to provide solutions problems of student loans, grants,1 grams, tuition rates, and many otheK , colleges and money. Bannister said. >ide is that students will be able to toney. The bad side is that they will pay at a higher interest rate. So there, md indifferent side to all of this," he c and work on (he act probably will til after Jan. 1, Bannister said. "The oming up, followed by only a few n before Christmas break. They (the ienate) probably won't really get into t session in 1987. They'll be lucky to by spring." from College Press Service conv article. /I IN THE 1. $5 GIFT 1 IN THE 1 HON BAY! I SLACK, GREY, BLEACHED)'g.: LONG SLEEVE SHIRTS || SUSPENDER PANTS I!