The Guardian, April 6, 1983

Wright State University CORE Scholar The Guardian Student Newspaper Student Activities 4-6-1983 The Guardian, April 6, 1983 Wright State University Student Body Follow this and additional works at: https://corescholar.libraries.wright.edu/guardian Part of the Mass Communication Commons Repository Citation Wright State University Student Body (1983). The Guardian, April 6, 1983. : Wright State University. This Newspaper is brought to you for free and open access by the Student Activities at CORE Scholar. It has been accepted for inclusion in The Guardian Student Newspaper by an authorized administrator of CORE Scholar. For more information, please contact [email protected]. - THE DAILY GUARDIAN Votum* 19, Numbw 88 FrW«y, April 6, 1W3 , H . •- ^ Wrigh, Sute t-nber.lty. Dayu»; Ohle WSU officials ixpecteu it Increases in subsidy no surprise By LYNNE FRANKENFELD However, there was sosne optimism con- 15 percent increase brings us back to what Aaeoejate Wrttar cerning the second year. we originally expected lart year but didn't As it .turned out KegerTete' expectations get." Ûnivecihy officials showed no surprise proved correct. Revenue* for higher educa- The state was unable to maintain its corn- oyer Governor Celeste's increases In higher lion from the state's general fund jumped^' mitment to us, and we h%d to live through education fundi-ag. The 21 percent boost $122.3 million in the first year and $186.7 . a budget disaster; a 13 percent decrease in brings Wright State spending back to the million In th< second. These amounts only funds." leyel before last year's cut in aid. constitute 14.2 perceat and 6.9 percent in- Beljan'said he doesn't see the subsidy - According to WSU President Robert creases respectively. meeting the university's nefed for aid for the Kegerreis.. state subsidy was not expected "What this does," said John Beljan, next year, as the 6.9 percent increase is bas- to increase significantly during the first year WSU Provtyt/'is put u> back to where we ed on inflation which is adjusted about four of tl>e biennium beginning July h were before last year's cut. Essentially the to five percent each year. According to new study Default reports 'inflated' WASHINGTON. D.C. (CPS)--The around eight or nine percent. But which Spurred by perceived default problems, number of studenu whcfail to repay figures you use depends on what the party federal attorneys in 9 number of cities have federal loans may notbe as high a* U.S. involved wants to show." launched spectacularly -pubttdsed efforts to Dept. of Education officials have been "We don't Uke the idea of overstating track down dead beau reporting, according to a new study by tj>e the default rates, but we're stuck with two .Last fall, for instance, federal officials American Council on Education (ACE). different systems, neither of which gives the in Philadelphia began towing away cars Since 1973, the government has been real default rate," adds Robert' Coates, belonging to student loan defaulters, and' releasing "inflated" default rates which head of the Education Dept.'s college- impounding them until the loans were reflSt the number of students who initial- based loan programs. repaid. ly default on their loans, but who may But El-Khawas and other officials sug- resume payments in response t.o collection gest the government use* the pre-collectldn "The stereotype of the person making efforts, the study says. default rates to make'the problem "appear 3200,000 a year and never repaying his stu- Most recently, the Education Dept. has worse than it really is," perhaps to make dent loan" has also brought public atten- asserted default rates of 13.4 percent on ' it easier to justify cutting the programs' tion to the problem. El-Khawas «ays. National Direct Student Loans (NDSLs) budgets? But the tight job markiând other and 12.3 percent on Guaranteed Student "I don't know their motive*, and 1 don't economic factors are the main reasons' Loans (OSLs). think there's been any real conspiracy to students default on their loan*, she points Wright State Raids head basketbaU But the study shows the default rates deceive the public," El-Khawas say*. out. coach Ralph Underbill prepare* to sign drop significantly once collection efforts "But if you state a 12 percent default rate '.'For the type of people we're loaning to. hi» name on an NCAA sign which had are made. for OSLs, as the government doea, It cer- the default rate is really surprisingly low. been ripped from the Springfield, The after--collection default rate. for tainly makes it-sound Uke there's a real After all." she says, "we're dealing with Massachusetts court by a group of NDSLs is'eight percent, while the percen- -default problem. The after-collections rate a segment of the population that has no Raider rowdier following WSU's tage of, OSL defaulters is actually 3:1 of 3,-8 percent, while still representing'some track record of credit,' and by its very 92-73 trouncing of the University of percent. default problems, seems much more nature would be considered as high-risk District'of Columbia to win the "I think it points out that the quoted realistic .and acceptable." borrowers;" NCAA. Division II championship. default rates are,, to say the least, an Underbill, who- has coached the overstatement," says ACE spokeswoman Raidtlrs to a 120-26 record over the Elaine El-Khawas. past hve seasons..was named Kodak's "There are dendbtats in the student loan Ten-year student hunts job Division il Coacf. cf the Year Sunday program, no doubt .about It. But'it's not y in Albuquerque, Mew/Mexico. as dramatic as the government figures have indicated," she says. MADISON,/WI 'CPS}~After ten years of- recent college grails who, after periods of director. "The 12.3-percant defau*£tfe for OSLs college, Cheri McKently is getting a little trying-but falling to parlay their degrees in- -"More people arc being educated, think- is made up of csmulsttlve default figures," depressed. ' to the job* they were trained for, aire now . ing this Is going to open the doors," says t'&ocodes ao Education Dept-'iource "All Even after the gets her masters degree in lowering their sights and. expectations. Dr. William Bryan of the University of - t reaOy tefls you Is the nuahtr of loan* that industrial social work next -fall from the It is happening at similar continuing Alabama's Continuing Education Pro- have ever been defaulted on. and doicn't University of Wisconsin, she doesn't think education and retraining offices around the gram. "But It fs.not." take into account "repayments later on." she has.mueb of a chance to land a decent country, too.' . " ' ' Students and recent grads "have jeen a But the after-collections default rate "Is Job. "The people coming in for counseling pretty hard decade for esnployment," sum- also mini—ding becauae it doe* not take In- "I don'.t have any hope of getting that arc In'their twenties and ihirtk*. and they marizes Paul Barton, head of the National to account people "who again- default on 123,000 a year job," says the 38-year-old feel angry, frustrated and betrayed." Mys Institute for Work, and Learning in their-repayments. It simply assumes that mother of-two, who holds down a part-time Kent Leaandrlni, a LfW career :counselor. Washington, D.C. "These people don't see once repayment begins, k will continue." joâtlhe'upiveritry't Continuing Educa- Especially among recenreces t grnds^"\I think themseive* doing as-weU as their parents, The real default rate is somewhere tion service. there aild-expectaiious and that is part of the disappointment ." In-between, In her job, the gets to see increasing are not mot," add* Judith Oumbaner, San source says, "probably somewhere numbers of paopbJa situations Uke hers:; 8M tTUDCNT pttQ* 2 I 2 The Daily Oucrdian April $, 1963 *' Ten-year student fears life after college J (oonttmMd from p*g« 1 > San Diego State's Gum ben er also at- "We are experiencing at Inordinate lege gtads, reports Christopher Davis of the tributes the palpable' "disillusionment" number of degreed student* coming back," National Aisodation for Trade and "There Is • feeling thai people are;not among the reecnt grads she sees to the cur • exult! Robert L. Brown, admissions direc- Technical Schools. in control of their future," Lesadrini rent recsssioa. tor for Wake Technical College in Raleigh, He says men of them are enrolling in explain*. ' . V Her clients "are tremendously frustrated N.C.. data processing, electronic*, dental techni- He MCI post-graduate depression ooit because the Job opportunities are not the Wake'! enrollment is up 42 percent over cian) and drafting technician programs. often among Hberiluru degrw holder* like same as they were three years ago." fall, (981. -The programs "make them mere teachers and lodal work en, but also Alabama's Bryan says bringing down the "I turned away 1000 students last fall," marketable for entry-level jobs," he among a surprising nurube; of people who state's 16 percent unemployment 'rate he reports. "I'm afraid I'm going to be tur- expliim. have earned their master* of business ad- would go a long way toward improving ning away 2200 this year." Many of them But unreconitituted liberal arts major* ministration (MBA)! MBAi, of courtc, people's moods. have Ph.d.i and MBAs, he adds. Uke McKently see a determinedly downbeat woe considered the golden Job ticket of the But WJWard Wiru of the National In- "We have a lot of students with four- future.

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