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Grand Valley State University ScholarWorks@GVSU Volume 39, July 15, 2004 - June 16, 2005 Lanthorn, 1968-2001 10-7-2004 Lanthorn, vol. 39, no. 08, October 7, 2004 Grand Valley State University Follow this and additional works at: https://scholarworks.gvsu.edu/lanthorn_vol39 Part of the Archival Science Commons, Education Commons, and the History Commons Recommended Citation Grand Valley State University, "Lanthorn, vol. 39, no. 08, October 7, 2004" (2004). Volume 39, July 15, 2004 - June 16, 2005. 8. https://scholarworks.gvsu.edu/lanthorn_vol39/8 This Issue is brought to you for free and open access by the Lanthorn, 1968-2001 at ScholarWorks@GVSU. It has been accepted for inclusion in Volume 39, July 15, 2004 - June 16, 2005 by an authorized administrator of ScholarWorks@GVSU. For more information, please contact [email protected]. <§imib gallep %antl)orn Grand Valley State University www.lanthom.com Thursday, October 7, 2004 Credit cards drown students in sea of debt iPods, a respectable DVD rates, a student ’s credit intention of going credit card companies m Frequent library and a very card debt can quickly thousands of dollars into could do better, but he also impressive music become a bad headache. debt. pointed out that all of the misuse of collection. He has also, "The worst is when they ‘‘Most of the people with terms and conditions are credit kinds like many college students, nail you with $39 for only credit card debt say it just disclosed before a person run into occasional credit going 10 or 11 dollars over got away from them, ” signs a contract. card debt. your limit,” Rottschafer Yates said. Despite some of the studetits in the After a person turns 18, said. Once a person gets close horror stories that come hole sometimes earlier, he or Rottschafer said he ’s to the credit line and starts along with having one, a she can expect the mailbox been able to get some of accumulating things like credit card can be useful at Nate C ole to be chock-full of credit his credit card fees late fees, most of that times. card offers. dropped or reduced by person ’s payment goes Heather Morlock, a Grand Valley Lanthorn The average credit card calling the card company toward those fees instead student at GVSU, has had and hassling them long of the principle, Yates said. With the swipe of a debt for undergraduate a credit card since she was students is $3,262, The people who are 16 years old - her parents plastic card and a enough. Mike Yates, a branch getting the late fees are signature, Steve according to Nellie Mae. had to cosign. the nation ’s largest maker manager at Standard usually the people who Grand Valley Lanthorn Illustration / Kate Brown Rottschafer can purchase “I’m pretty solid with it,” of student loans. For federal Bank, conducts really can ’t afford them. Morlock said, “except be responsible when it low on cash, she needed to just about anything he comes to avoiding debt. buy a drink at the bar. wants. graduate students, the credit card seminars for Many students complain when I have to put Grand average debt numbers that the credit card Valley’s books on there. ” “I put everything on it,” Morlock and her friends In fact, he ’s swiped, freshman at Grand Valley jump to $7,831. With late State University. Yates said companies take advantage She said she uses her Morlock said. “Clothes, signed and - with the groceries, beer, gas...” magic of the Internet - lees, overage charges and most people don ’t get a of them. Yates said there card often, but she works PLEASE SEE high annual percentage credit card with the are definitely things that two jobs and has learned to Her card came in handy clicked his way to guitars. last Thursday night when. CREDIT, A2 Cate Edwards visits campus ■ Vice Presidential nominee's daughter discusses importance of upcoming election Forrest Karbowski past two months to of her father and Sen. John encourage student voting. Kerry, who will be running Grand Valley Lanthorn “It makes me really against the current nervous when I come administration on the Cate Edwards, daughter across people of our November ballot. of Vice Presidential generation who don ’t want “I’m feeling very nominee Sen. to get out uncertain, ” she said. “I John there and think partly of course Edwards, ii--------------------------- vote. ” because I’m 22 and I’m spoke outside Edwards having to get a job and Kirkhof This is our said. “I think support myself, but I think Center Sept. about all the at the same time because of 30 to a crowd future, and we other what has happened the past of about 100 don't want decisions in four years, and about students. our lives that security in terms of being After her anyone else we would able to pay for things, and speech, an never let in terms of how I feel as an open deciding it for anyone else American. ” question-and- us. make for us Edwards said she thinks answer and this is the coming election is the session was such an most important of her held between CATE EDWARDS important lifetime because of the Edwards and Vice Presidential one. This is amount at stake. She listed the audience. Nominee ’s Daughter our future, job security, tuition rates, Edwards and we don ’t education funding, health has been ___________ want anyone care and the war in Iraq as traveling to ---------------------------- tf else deciding key issues. campuses it for us.” “We have a choice across the country for the Edwards spoke in support between an administration that has watched almost a million people lose their jobs for the past four years, and still have said outsourcing is good for America and have not actually come up with a Grand Valley Ijwthorv I Will Harrah plan to keep jobs here, ” Cate Edwards, daughter of Vice Presidential candidate John Edwards, spoke at GVSU on Sept. 30 Edwards said. “Or my dad about the upcoming election and its importance to the country. and John Kerry, who actually think it’s important worth of paid tuition. “We need to form someone takes the time to to have good, quality, high- “My dad and John Kerry coalitions across the world do something like this, I paying jobs back to do value education, ” and actually start to bring don ’t know what other kind America.” Edwards said. “They think our troops home, ” she said. of reception to expect. ” Among the it’s an absolutely Jamie Greene, deputy Greene said having Kerry/Edwards education fundamental part of this director of the College Edwards speak gave a plans she mentioned were a country. ” Democrats at GVSU, said unique side to the issues. $4,000 tax credit for In regards to the war in she thought the speech was “She got down to a level college students and a two- Iraq. Edwards said her a success. that we might not get to year community service father and Kerry are “It was short-notice, but when we watch the program, which would committed to ending the we were thrilled," she said. debates, ” she said. “She reward participating violence and forming a “The reception she received brought an entirely new students with four years stable Iraqi democracy. here was warm. When perspective to it.” Grand Valley Lanthorn / Will Harrah Family Weekend offers football, food and fun Lake Michigan Credit Combined tickets for the Jessica Russell their home and introduce Saturday’s events start at will hold their annual Lost production of “Measure their new friends to their the Delta Zeta house with and Found Rummage Sale for Measure” is featured Union for a fun-filled dinner and football game and olley AJ C families." a pancake breakfast from at Kirkhof Center all weekend and can be tailgate party with free cost $20 for adults and $ 17 Grand Valley Lanthorn Family Weekend has 9 a.rn. to 12 p.m. Tickets beginning at 10 a.m. seen at 2 p.m. and 7:30 hot-dogs, mini carnival for children under 12. been a GVSU tradition for for the breakfast are $5 at Public Safety donates all p.m. on Saturday and at 2 games and more family Separate dinner tickets can Family Weekend — a many years and often the door or $4 if bought in of the unclaimed lost and p.m. on Sunday at in the ftin, ” Tibbe added. The be purchased online as weekend of tradition and draws a large number of advance. found items each year for Louis Armstrong Theater. tailgate party will be well. entertainment — is this parents and family Families can then head this event. Family Weekend tickets located at Irwin Lot, by “F think it shows a strong Oct. 9-10 at Grand Valley. members. to Kirkhof Center for a 5k Beginning at 10 a.m. on for the play are discounted Lubbers Stadium. boiid between parents and “Family Weekend is a “I expect this event to run or walk tour around Saturday and Sunday is and cost $3. At 7 p.m. the GVSU students, ” Tibbe said, tradition at GVSU where continue to be popular," the GVSU campus the Renaissance Festival, A dinner buffet is football team will start commenting on Family the families are invited to Tibbe said. "It’s a fun way beginning at 10:30 a.m. held at the Cook Carillon offered in the Fieldhouse their game against Weekend tickets selling come hang out with their for families to participate Registration begins at 9:30 Plaza.