The gamecock. (Columbia, S.C.) 1908-2006, October 21, 1996, Page 2, Image 2

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Entries for Datebook may be submitted to The Gamecock on the third floor of the Russell House. There is a box in the newsroom designated for Datebook entries. Sundays PALM Campus Ministry, Worship and Dinner, 5:30 p.m., 728 Pickens St. Cabinet, 6 p.m., Whitten Rm. Mondays Fraternity Council, 4:30 p.m. Peer Conduct Board, 7:30 p.m., KH 303 ' Homecoming Commission, 630 p.m., RH 348 Sorority Council, 5 p.m. Tuesdays AAAS, 6 p.m., RH Theater Bodybuilding & Fitness Club, 7 p.m., Blatt 135 Phi Sigma Pi, 8:30 p.m., Nursing 127 Oxfam Carolina, 4 p.m., the PALM Center, 728 Pickens St. Newman Club, 7 p.m., St. Thomas More Center Carolina Cares, 7 p.m., RH 302 [slower! Your support T^FRC research i, RIGHT uMt' ___J IVIUpS Muscular Dystroph i ~ir WUSC.FM Knockin1 you out with our American Thighs. rwi Paris ^^^^$299 Quito $384 Santiago $634 Hong Kong $434 Tokyo $473 Fakes am each way from Gxumba msed on a roundw purchase. Fams do not nquoe federae taxes or PFCs totaemg between $3-$45 depepov4g on destmanon or depaktlxte charges PAJD dnectly to foreign governments. Travel ^ National Reservation Center 1-800-2-COUNCIL (1-800-226-8624) httpj/ivwtv. ciee.org/traveLhtm EUROMSSHK>M$210 TA A im The Film: Medlterraneo 7:00 pm BA Building, Ro< Peace Circle 12:00 Noon Greene St Study Abroad Fair 11:00-3:00 pm Russell Hoi Unity in America: A Multicultur 4:00 pm Faculty/St; 6:30 pm Students Location: Towers Area L Miscellany 3:00 pm Golden Sp Hillel, 7 ?d4eri5pmp PATEBQQK Campus ] Judicial Board, 3:30 p.m. ' Student Government Senate, 5 p.m., KH Theater ' Amnesty International, 5 p.m., RH302 1 Scuba Club, 5:30 p.m., Blatt PE. Center PALM Ministries. Bodv & Soul. 5:30 p.m., 728 Pickens St. ] Intervarsity Chapter Prayer, 7:15 a.m., RH 315 Women Student's Association, ] 8 p.m., RH American Marketing 1 Associations, 8:30 p.m., BA 002 Fellowship of Christian Athletes, 9:15 p.m. BGLA, 8 p.m., BA 436 ] t keeps lifesaving n the fast lane. Y Association 1 -800-572-171V TICKETS ON ? Carolina Coliseum Box and all Capital 1 Call 803/251-2222 (M-F, 9an EnMsMadsJ , The Gamecock i m WrS ATTN: Markotln* Director , Offlco of Student Mod la 1400 Oroono Stroot 1 Russoii House, (JSC J Name* Columbia, *C 29208 ^ nam?. I :l i i Student University Bookstore ! Russoll Houso 1400 Oroono St. I PhOnO N Addam's Bookstore oi 01 Main St. | SC Bookstore i hurryi hui Comer of Oroono a Main I THURS/OCT 24 j<E I * * I / i DIVE University of sm 351 Featuring: Killimanjaro, / 12:00-2:00 pm Ru&s< vision 2OOO: Celebrate Patricia Russell-McCloud, F reet 7:00 pm Russell Ho Free: Students wi jse Patio $2.00/Faculty & Staff $2 al Workshop 5 Fuego del Alma, Latin & i obby 12:00-2:00 pm Gr Woman Centered ? ?ur Dr. Hayes Hampton, En 6:0&.pm Russell He Into the Streets, 4 p.m., Preston Seminar Room Carolina Productions Concerts, 1 p.m., RH Witten Room Carolina for Kids, 8:30 p.m., RH 102 College Republicans, 7:30 p.m., aambrell 250 International Students Association, every other week, 8:30 a.m., RH 315 Mountaineering and White Water 31ub, 7:3- p.m., RH 205 Habitat for Humanity, 7 p.m., Grambrell 204. rhursdays Intervarsity Lnnsoan f ellowship, 7:30 p.m., RH 322 BSU, Heart to Heart, 7 p.m., Baptist Student Center Undergraduate ACS, 5 p.m. Campus Crusade for Christ, Prime Time, 7:30 p.m., Nursing 127 Saturdays Round Table Gaming Society, 12 p.m., Leconte 112 Carolina Productions, 8 p.m., RH Theater "KOGER PRESENTS" latlonal Touring Broadway Musical! SAT/OCT 26, 8:00 PM M SUN/OCT 27, 7:30 PM V Koger Centor for the Arts W j I Sponsored by m wis** the^word! >ALE NOW AT Office (M-F, 9am-5pm) rickets Outlets. i-5pm) to charge by phone. jtcTs# COURTESY OF f TICKET GIVE-AWAY F REGISTRATION FORM ID: lumber >ay: Evening: I KYI HURRY1 HURRY! HURRY! HURRY! , 5:00 PM IS THE PEAPUNE TO ENTER A W ERSI" : South Care Arts Festival Brown Bag L vrrican Knytnms i nervy ord: wnat ell House Patio 11:30 am Rusj the Differences Touch of Fai 'rofessional Orator 12:00 Noon F use Ballroom th USC ID The Fac >.00/General Public Terry Taj pipMH 6:00 pm Rus: ^ro-Cuban Band eene Street Spirituality "EV1 ? - In caee of r iglish Professor f )USe Ballroom f-or more information please FINANCIAL AID continued fror federal agency that has no track record for collecting student loans. They want to chop $70 million? nearly 20 percent?out of its already annmnriafpH nnpra finer hiiHcrpf an amnnnt. the Education Department says would make it impossible to administer. Republican presidential candidate Bob Dole has targeted the program, which the party's platform calls "perverse" for extinction or downsizing if he is elected. Regardless of Dole's electoral prospects, the direct lending program will come under full congressional review next year when Congress reauthorizes the Higher Education Act. If the program is terminated, Citizen Action, a Washington, D.C. watchdog group, predicts that banks and other private lenders will reap a $2.1 billion windfall, while 2.5 million students will no longer be able to get direct loans. According to a report, the same banks and other private lenders that would benefit have given $2.3 million in PAC contributions to members of the 104th Congress. Meanwhile, the Education Department has had some ill-timed problems that haven't helped its cause. Last spring there was a leadership shakeup, and worse, a computer foul-up by the department's private contractors. Hundreds of thousands of applications for financial aid were backed up. Because of uncertainty about direct tending's future, about 80 percent of two and tour-year public and private colleges, including the University of Chicago and Loyola University, among others, and j*ck todd wtits m miden road CASH! If you'r onrvli An 0VJ|/AIVAI grades, three-y scholar ROTC. 1 scholai THE SMJ ALK If rv VA/F I 1 V V I? ?\ina Oct-obe r 2?^I unch Discussion Caribbean Steel i Feminism Is and Isn't 12:00-2:00 pm sell House Ballroom Reaching Out in 1 th Gospel Choir 6:00 pm Rw lussell House Patio Latin & Hip-I :es of AIDS 0:30 pm Russ flor, Lecturer sell House Ballroom City Year 6:00 am iNTS ARE FREE TO ALL UNLESS OTHERWISE INDIC/ a in. all outdoor events will be held in the Rueeell Hou Ul programs paid for. in part , by Student Activity Fees t rtcctrc nc kii n-nri iiti ip ai cm 'tkiT/ n page 1 more than 60 percent of trade and B technical schools have chosen not to t< participate. ol In the private sector program, guaranty agencies do most of the s< processing and policing of student loans, oi as well as guaranteeing them, with government funds, against default. They a are required to be not-for-profit. ir In his campaign position paper on a student loans, Dole states that creation g of the direct lending program "means. .. increased costs for students and their g families." 01 The private sector, the paper states, could do the program more efficiently, w saving $1.5 billion over seven years, F though it acknowledges that students C "may have to wait a few extra days for A their loan." C Dole bases his figures on a si Congressional Budget Office study that is heavily disputed by Democrats. p Privately, however, CBO staffers say w that comparing the relative costs of two tc programs is like comparing apples and a oranges. lc Some of direct leading's administrative monies, for example, go to the guaranty g agencies that oversee the private sector e' program. g "In our view, the two (programs) are really quite close in terms of the federal w costs," said one CBO analyst. n The interest rates charged students g by both programs are set by law, he said, it Supporters of direct lending argue B that the program was begun as a response o to the complexities and slowness of the s< bank-based guaranteed loan program: a No.fjp.496 $3500.00 , ? 1J|MjjkijJjM ^myrgtfc scholarship J SSj SE WON GOOD G e a freshman or tuition, most b lore with good fees, plus$150] apply now for a month. Theyal ear or two-year with leadershi] ship from Army ence and office IrmyROTC figDERSHjpi tials imP3 ships pay future er ARMY ROTC IRTEST COLLEGE COURSE YOU For details, visit Legare College or ca 777-6543/6542 " INM ^3^ c/ I I I ' IEK ;r 20 - 26,19 & Strings Orchestra Russell House Patio the South Reception BJ1Q ssell House Lobby Hop Dance Party |MM|jj|3|j <e\\ House Ballroom BBBSEfflHSSgl Serve-A-Th on Finlay Park crEp wmm se Ballroom |lj|i|UJH AFFAIRS @ (603) 777-7716 | I lanks make the loans, often selling them ) secondary markets, while servicing f them is often jobbed out. During the time the student is in ;hool, the government pays the interest ri the loan. If the student defaults, as was the ase with about 22.4 percent of students 11990 when defaults peaked, a guaranty gency repays the lender from a overnment account. The knowledge that the government uarantees the loan takes the pressure BF banks to pursue defaulters. "The banks and guaranty agencies rere doing a horrendous job," said Brian itzgerald, director of the Advisory lommittee on Student Financial Lssistance, which was appointed by longress to monitor and evaluate the tudent loan process. Under the direct student loan rogram, a student fills out one form, hich the college loan officer then sends ) the Education Department's processing infractor, who calculates the student's >an eligibility. In as few as three days, the loan is ranted. Students have waited weeks, ven months in some cases, under the uaranteed loan program. "The student knows from day one ho owns their loan, and who they are laking payments to. Under the uaranteed loan system, you have no lea who owns your loans," said Thomas iutts, a spokesman for the University f Michigan, and a former deputy ecretary for student aid in the Carter dministration. RADES. I ooks and Der school so pay off p experisr credenressive to nployers. CAN TAKE 11 w mm k ;s 96 H I