The gamecock. (Columbia, S.C.) 1908-2006, October 24, 1990, Page 3, Image 3
Compromise
By The College Press Service
College student loans might be much harder to gei
next year if Congress approves the federal "budge
summit" compromise reached Sept. 29.
The compromise, worked out by President George
Bush and congressional leaders over four months ol
tense negotiations over how to bring the federa
budget deficit under control, hopes to cut $500 billior
in spending over the next five years. The plan includes
saving $2 billion from the student loar
program.
Supplemental Loans for Students, Parent Loans foi
Undergraduate Students, Stafford and Perkins loam
would all be affected.
"I would just expect a lot of angry students," saic
Kathy Hicks, controller at Eastern Montana College.
Before becoming law, however, the entire Congress
must approve the budget package. On Oct. 4, House
Democrats, upset over the plan's cuts in Medicare
spending, threatened not to support it
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If a compromise isn't reached, automatic cuts gol
into effect. It would mean an immediate cut to all aid
l payments not yet made to colleges and students.
Funding to the Department of Education would be cut
? 35 percent
f Yet the Sept. 29 agreement heightened chances that
I the government will finally enact some form of comi
promise ? the first tentative agreement between the
White House and Congress since 1979 ? to cut the
i federal deficit, sources said.
Students, like all recipients of federal dollars, would
r pay a price.
: While the compromise did not detail ways to cut $2
billion out of the almost $4 billion loan programs,
1 congressional leaders quickly suggested doing it by
imposing a series of new limits on who can get stu5
dent loans:
5 Requiring a student to have a high school diploma
j or the equivalent to receive any federal tuition loan.
Making students wait 30 days after the start of
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tudent loans ]
school to get their loan money.
Eliminating or restricting federal loans for correspondence
schools.
Having all loan applicants who are 21 or older
undergo a credit check to apply for a loan.
Cutting students out of college loan programs who
are from schools where loan default rates are above a
certain rate.
TU - * * ?< J _ f * ? 1 i . ?
me provisions are aeiimteiy going 10 nun student
access to federal loans," asserted Selena Dong, legislative
director for the United States Student Association,
a Washington, D.C.-based organization that represents
student government presidents.
But it's probably too early to panic, said Becky
Timmons of the American Council on Education.
'The budget summit can't spell out how those savings
(the $2 billion) will be achieved," so no one is
sure what provisions will go into effect, said Timmons,
whose Washington, D.C.-based group is comI
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r. That's how much a cab ride from
; campus costs. The next time a JANl
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for?
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$2 75 ) LOTT
' STUI
iL/NcauMi:
Family Feud: Staff v Students" The
iolden Spur, 1:00 pm - 2:00 pm.
xinsor: GAMMA and Co-sponsor: OADP OrtnKpr 9P
Lust, Love & Low Risk: Alcohol and rw u oT"
TD's" Speaker: Dr. James Turner, Direc- October 25,
>r, Thomson Student Health Center, Rusell
House room 332, 4:30 pm - 5:30 pm.
o-sponsors GAMMA, Straight Talk and
le Assoc. of African American Students.
The Pontiac Comedian Caravan,"
locktails will be served. Featuring:
aul Provenva, Russell House Ballroom TRADITION
\dmission $2 students and $3 general / r ,
ublic), 8:00 pm Sponsor: CPU and Co- ^see on P
ponsors: GAMMA and OADP.
d,RPDAD . " c ii* A ^ CAROLINA
RisQue Business Belk Auditorium,
:30pm. Co-sponsor: GAMMA
REGISTERE
ORGANIZAn
O (see above fo
/ARENESS
K OTHER
ice of friendship"
-?v **NO J
BEI
Got a news tip? Call The
It's Wild! Its Wooly
i T - . 4
it s JLezginita a
the Koger Cen
They leap to high heaven and The Washington
swirl like tops in costumes that Lczginka's boundh
would put a peacock to shame! hurricane in a r<
They playfully toss wicked look- company's recent j
ing knives and, in the process, cause the Kennedy Ccnte
audiences to explode with excite- "For the men, c<
mcnt! arc second nature. T
That's what we hear from those the stage, catapult t
who have spent an evening with ' rebound into the ai
Lczginka, the incredible folk dance from and into a sadc
troupe from Daghestan, U.S.S.R. Post."Sometimesth
On Oct. 25, you get your chance a standing position,
to personally experience these high and land on I
voltage performers when the com- buzzing tops."
pany appears at Columbia's Koger The male comj
Center for the Arts. combine their am;
On its first tour of the United skills with acrobat;
States, the Lezginka company of soloist even dances
65 dancers and musicians will per- ing on a high wire!
form numbers inspired by the 30 The women of
different cultures that make up the as buoyant as sw
Daghestan territory. revealing the inLric
WktoSr ,^fll
^IpiW
7Vie women ofLezginka "are as buoyant as swift scho
the Washington Post.
Give your child the
IX O %* region of the Soviet Ur
^ lecture/demonstration 1
J J* Just for Kids begin
floor of the Koger Ceni
"WJT 5 ^ giving them informatio
IV 1 ? appreciate the perform;
your friends in the Kog
Sp
harder to get
prised of college presidents from around the country.
Consequently, no one really knows how many of
the approximately six million collegians who use financial
aid will be affected by the compromise.
School financial administrators don't seem worried
about the provision that would affect them the most:
the 30-day delay of payment of government student
loans. *
"We would probably extend that (the 30 days) to
them (students) gladly," said Lynn Holaday, associate
vice chancellor for fiscal operations at Appalachian
State University in North Carolina.
Eastern Montana's Hicks conceded the provision,
designed to stop people from fraudulently collecting
loan money and then leaving campus without ever at
tending class, would mean "there would be some technical
types of things that would need to be worked
out" so the school could get along without some of its
tuition money for the first 30 days of each term.
)RITY RESERVATIONS
FOR
UARY THRU JULY 1991
I
ussell House Lottery
ERY FOR REGISTERED
DENT ORGANIZATIONS
>, 1990 - 1st Ballroom Date - at 9:00 AM.
1990 - 2nd Ballroom Date - at 10:00 A.M.
Russell House Room 205-A
Dot Raymond
AL EVENTS OCTOBER 23, 1990
age 77 in the Carolina Community)
PROGRAM UNION OCTOBER 24, 1990
ID STUDENT
HONS OCTOBER 25 & 26, 1990
r times for the lottery on October 25)
OCTOBER 27, 1990
ACADEMIC CLASSROOM SPACE WILL
IESERVED UNTIL JANUARY 1991**
Gamecock at 771-7726
! It's Wonderful!
Post compares
iss energy to a JMr&r
eview of the
jerformance at
ivalry manners
ic daring. One 7 ~ .
; while balanc- The men of Lezg inka are
renowned for their incredible
1 cvirinka "arc athletic ability, showcased here
afSSnS! in an extraordinary,eap.
ate patterns of their gowns as these billow like
sails," says The Post. "While the
female range of movement and dynamics
is restricted in comparison
with that of the male, the women
slyly imitate men's bravado when
they are unchaperoned."
Don't miss this opportunity to
/Nfli experience the exotic culture of
this far away land. Lezginka proin^
ises to command the stage and your
Rpj*1* ** attention Oct. 25 at the Koger
Li Center.
.^FV Lezginka
4JRF I Oct. 25 at 7 p.m.
P Koger Center
for the Arts
Tickets: $15 and $10 for adults;
$5 for children. The child ticket
oners says Pr'ce *s sP?nsorcd hy The State.
On sale at the Carolina Coliseum
box office and all SCAT outlets.
Call 777-SCAT to charge.
chance to learn more about Lezginka and the
lion from which it springs at a special Just for Kids
)cforc the performance.
s at 6:15 p.m. in the Donor Room on the second
Ler. The program will entertain children while
n that will allow them to better understand and
mce. While they're learning, you can relax with
;cr Center lobby.
onsored by (The ? State |