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Grand Valley State University ScholarWorks@GVSU Volume 43, July 10, 2008 - June 7, 2009 Lanthorn, 1968-2001 10-9-2008 Lanthorn, vol. 43, no. 15, October 9, 2008 Grand Valley State University Follow this and additional works at: https://scholarworks.gvsu.edu/lanthorn_vol43 Part of the Archival Science Commons, Education Commons, and the History Commons Recommended Citation Grand Valley State University, "Lanthorn, vol. 43, no. 15, October 9, 2008" (2008). Volume 43, July 10, 2008 - June 7, 2009. 15. https://scholarworks.gvsu.edu/lanthorn_vol43/15 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 43, July 10, 2008 - June 7, 2009 by an authorized administrator of ScholarWorks@GVSU. For more information, please contact [email protected]. Bailout affects Grand Valley seeks student loans, jobs By Rebecca Beard & Kyle Meinke reaccreditation, GVL Staff While much of the focus of the federal government ’s $700 billion bill has been on Wall Street, it may have doctoral program an effect right here on Campus Drive. The bill was passed through the By Rebecca Beard the fall 2009 semester. U.S. House of Representatives, 263- 171, on Friday and was signed by GVL News Editor Another part of the process will be 12 forums set up for faculty, staff, students, President George W. Bush just hours An evaluation team from the Higher community and alumni to discuss the later. learning Commission of the North Central issues presented in the self-study. Overall, the purpose was to lessen Association will assess Grand Valley Suite "Any student who would like to share the impact of the economic crisis the University for reaccreditation Monday their experiences while at GVSU is U.S. is facing, said Gregg Dimkotf, a through Wednesday. encouraged to go,” Haas said. “And the finance professor. “It is critical that GVSU maintains team may also ask if (students) have any ‘The world financial markets are its status as an accredited institution, as questions of them.” seizing up and no one ’s lending, ” graduate schools and employers who The HLC site visitors will use the Dimkoff said. “The longer (bill require a degree forums to test what negotiations) went on. it created a also require that the was presented in the greater likelihood of a recession. I college or university “It is critical that self-study and other wish it would have passed sooner. ” is accredited ” said The current economic state is the GVSU maintains its documents provided GVSU President for them, Haas said. worst Dimkoff has seen in his lifetime, Thomas J. Haas. status as an accredited "They’re looking he added. A steering to talk with people to “The big picture is we had to do committee composed institution, as graduate get the most accurate something,” Dimkoff said. “We can ’t a comprehensive three- just sit around and watch the economy schools and employers and widespread volume self-study perspective, ” said collapse ... without a bill, we were of GVSU, spanning who require a degree Josh Hilbrand, student looking at a terrible recession, and I almost 6(X) pages, mean terrible.” also require that the representative to the that 13 consultants steering committee. The bill could aid Grand Valley will review to aid in college or university is "There's only so much State University students in terms of determining GVSU’s they can get from both obtaining loans and increasing reaccreditation status. accredited. ” reading. ” job prospects “The folks coming within a He said he hopes “We can't just are from other THOMAS J. HAAS as many people as stronger GVSU PRESIDENT universities or colleges possible participate in economy , sit around and have two roles — said Dan the forums. and watch as an evaluator and as a "It’s an opportunity Giedeman , consultant, ” Haas said. to get involved in a assistant the economy “In both cases, they will be always Iwking process that only happens every 10 years,” professor of at GVSU through our mission statement. ” Hilbrand said. “It’s a chance to represent economics. collapse.” The self-study provides an overview of Grand Valley.” “ A the university, responses to challenges set The decision about GVSU’s problem with during the last reaccreditation process 10 reaccreditation will be revealed in February the current GREG DIMKOFF years ago and goals for the future. financial 2009, but very few schools lose their FINANCE system is It also includes a proposal for the accredited status. PROFESSOR accreditation of a Doctor of Nursing “It does happen that an institution ’s lenders are Practice degree through the Kirkhof accreditation is withdrawn, but it’s not a becoming College of Nursing. very common event. ” said Karen Solinski. more unwilling to lend money, which could show up in student loans, ” If accredited, the Doctor of Nursing the H igher Learning Commission’ s assistant ■6VI / im&it'i Waggoner Practice degree would accept students for Reaccreditation hopes: Students walk past the dock tower on their way to and from classes Giedeman said. “The bailout can help See Reaccreditation, A2 Tuesday. GVSU is seeking reaccreditation and will be visited by the NCA next week. keep those lending channels open. ” But the inability of borrowers to obtain funding in a weak economy is what can lead to a recession. Students split on medical marijuana “We may be in (a recession) already, ” Giedeman said. “So when (students) go to graduate, (they) may By Chelsea Ponstein almost 500XXX) signatures supporting the an identification card and enlist in the be hit with limited job prospects. ” GVl. Staff Writer cause and the proposal was certified in Michigan Department of Community Even though the bill may help, it is March for inclusion on the ballot. Health registry. With a licensed physician's not a perfect solution, he added. While voters have many decisions to “Proposal I will protect seriously ill consent, this will allow them the use of “I don ’t know if this will solve all make at the polls on Nov. 4, Proposal I has patients from arrest and jail for using medical marijuana without penalty, such as the problems,” Giedeman said. “It’s emerged as one of the most controversial. medical marijuana on their doctor ’s arrest, by paying an annual registration fee pretty flawed, but in my opinion, Also known as the Michigan Medical recommendation, ” said Dianne Byrum, covering all costs. it’s better than nothing. It could've Marijuana Act. Proposal I would allow the spokeswoman for the MCCC. Caregivers and doctors of patients 21 been worse had this plan not gotten use of medical marijuana for treating and The proposal would allow patients with and older will also be protected under the passed. ” relieving pain in patients suffering from illnesses such as cancer, HIV. hepatitis C, act and will not be considered dealers or Despite concerns of lending issues, serious illnesses. agitation of Alzheimer's disease, Crohn’ s penalized for distributing the drug as long not all loans would be impacted by Representatives from the Michigan disease and many others, to request as it is for medical purposes and the right the bailout, said Jim Bachmeier, Coalition for Compassionate Care collected documentation is filed. GVSU’s vice president for finance “I believe in this act only for health and administration. reasons and I am biased towards it because GVSU-issued loans do not go my grandma has cancer, so that is why she through banks, but some families would need something like this to relieve seeking outside loans may still benefit the pain." said Aleesha Grant, sophomore from the bill, he added. GVl Archive / Pete Tabberer nursing major. “Medicines her doctor “I think this’ll really make a McCain missing: Supporters hold up signs prescribed didn't take away the pain difference to those with a moderate at John McCain's town hall style meeting on Sept. 17. McCain has since pulled his without having serious side effects" income and up, ” Bachmeier said. “As campaign resources from Michigan in order But some are worried about the impact in those who weren ’t participating in to focus on other states of the proposal . loan programs and were just looking Rob Elmen, a junior English major, said for $5,0(X) to round out their bill. That he is concerned about the effect it could money has gotten tougher to come by GV responds have on children living with a patient using and 1 think this will loosen it up. ” medical marijuana. But financing extends beyond “I don ’t believe in it because it would student loans, and possibly into to McCain make it too easy for others to get their GVSU’s future projects. Bachmeier hands on marijuana," he said. “People can said. get it second-hand when it is in the home.” “One place (the bailout bill) might withdraw Some may use it for recreational impact Grand Valley is in future purposes,Grant added. capital plans that we may develop that Another worry is the money to provide By Paul LeBlanc will take debt financing. ” he said. “Six for this act will come out of tax payers ’ months ago it was relatively simple. I GVl. Staff Writer dollars. hope that six months and 12 months The presidential campaign of However. Byrum said Proposal I is a from now. it’ll be that way again.” Sen. John McCain, R-Ariz., came compassionate law and tax payers' dollars While 60 percent of Americans said to a screeching halt in Michigan will not be used for the proposal, nor will the bill would treat taxpayers unfairly, last week .
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