State-Guaranteed Loans Possible UCSD Outlook on U Village Project

UCSD Outlook on U Village Project Mixed by Laura Richter Staff Writer Reduced size and the addition of housing facilities to the proposed La Jolla Village project has improved the outlook of the members of uCSO's Conunittee on University Community Planning .(CUCP) on the development plan that they had originally op~sed . According to Ken Bowers, Assistant Business Manager and CUCP member, the developers claim that the plan is a '-' new concept" in design. "I personally find it very attractive," said Bowers. "They have tailored it Urges Banks to Grant More Student Loans to meet our desires, aesthetically. " However, some CUCP members remain opposed to the basic project. Walter Kohn, of the Department of Physics, warned that " it is extremely undesirable for a regional center of this magnitude to be located near the State-Guaranteed Loans Possible University." Kohn felt that the plan would present an unattractive " in by H..... Mcla&elb not to make student loans. states where Ute Federal Gover troduction of a certain character to the University." SWI Cerrespoadeat The other 10 percent of the runent is the guarantor. The revised plan has not yet been student loans comes directly from Last year, under the federally made available to Committee (SACRAMENTO) - Legislation the Federal government. administered loan program, members, but the basic design is to encourage California banks to President carter said this week he student loans dropped by $93 said to be similar to that of the grant 1DOI'e student loans was would not allocate the sup million nationally. But in states original. The development calls for introduced in the Assembly last plemental funds for direct student with guarantee agencies, loans to the construction of a convenience week by John Vasconcellos (D-San loans because their default rate is students increased by $70 million, center, near La Jolla Village Inn, Jose.) higher than federally guaranteed he said. and a specialty center, south of According to Vasconcellos, bank loans. In calif., Bank of America is the Nobel Drive. A variety of small chairperson of the Assembly BrlIII Badl Ceatrol largest lender, to students. Last shops, two large department Pennanent Subcommittee on Post Ken Larkin, Senior Viee year it cut the number of student stores, restaurants, a bank, a Secondary Education, AS 647 president of Bank of America said, loans from 43,000 to 31,000 which theater, a drug store and a student would enable the California "I'm in favor of a state 10M reduced the total volume by $22 oriented concourse are included in Student Aid Commission to guarantee agency because it would million. Security Pacific and the project. guarantee student loans made by bring control back from United california Bank now lend C~dmcStud~tWanb banks. The Commission ad Washington. If the state became a $10 million and $9 million Steve Colman, student Com ministers student aid programs for loan guarantor, I think it would respectively less to students than mittee member, expressed a the state. bring back a nwnber of other they did three years ago, degree of Wldecidedness toward Commenting on the recent banks (that no longer grant student Vasconcellos said. the proposal. " My feeling is that decline in the number of student It most UCSD students want two loans. ) would also bring in Study Report Due loans made by California banks, Savings and Loan companies." things that may be in conflict. The Vasconcellos said, "Students from A'study group sponsored by the first is a good environment, with middle income families are not hit With the passage of the Higher Calif. Student Aid Commission is open space, including the Clifford Grobstein especially hard since they do not Education Act Anunendment of preparing a report on the preservation of land and wildlife. qualify for increasing grant aid 1976, Congress encouraged feasibility of the state guaran Secondly, they want activities that will make the community and the going to the poorest students." california to establish a state teeing student loans. The group, University a more interesting place in which to live." The addition of Federal Govel'lllDeot GaaraDteea Agency to guarantee student loans. composed of representatives from housing to the plan and the prospect of a more active social life swayed The· federal government If such an agency were created, lending institutions, The U.S. Colman to "mild support of the development." currently guarantees 90 percent of Congress would reinsure the loans Department of Health, Education The location of the project, which has been in the planning stages for student loans, according to Bruce at a 100 percent rate instead of the and Welfare and institutions of two years, has been the main controversy for UCSD. Bowers pointed out Fuller, consultant to the sub previous 80 percent, Fuller said. higher education in California is that " commercial services near the University will playa significant role conunittee hearings. But high Twenty-six other states have scheduled to submit its report on in sustaining student life on campus." He stressed the importance of non default rates, bureaucratic red passed student loan guarantee Mayl. automobile transportation and the accessibility of the centers for foot and tape in Washington and par legislation, Vasconcellos said. In Jon Haber, a student bike traffic. ticipation of unsotmd vocational these states the default rate on representative in the study group " I see this center as being different because it is in walking distnace," schools has encouraged the banks student loans in only half that in and a Codirector of UC Student said Colman. CUCP members showed a general concern for futW"e Lobby, said the lobby favors mobiUty alternatives and for the restrictions which may be imposed by having the state asa guarantor of the energy conscious Carter administration. student loans. "The study group CUCP member John Stokes of Community Medicine told of his initial will have to decide whether to fears about the plan. "My first reaction was one of being appalled, like a recommend the state be a lender, a lot of people." The revisions made Stokes "a little less concerned." He guarantor, neither or both," he added that "the landscaping looks far more attractive than any place I've said. ever seen." The size was another factor in the members' opinions of the plan. Ruth Vasconcellos said his bill may be ammended later to make the , Continued on Page 3 student Aid Commission a direct fender to students who are not adequately served by banks. Campus Faces Serious Fuller said AB 647 was in troduced now 80 that it would be ready for legislative action when Water Shortages-ECC study group's report comes out. by Wesley Wada UCSD to conserve water. "Even if their report comes out StaHWriter At present, UCSD uses ap on schedule, that only leaves us proximately 40-50,000 hundred three 'Weeks (for legislative ac " We can't afford to waste our cubic feet of water per month. tion)." resources. If we don't do Pettus states that water con "We want to wait for them (the something quickly we could face servation measures for the campus study group) to make their serious shortages," warned are in the "planning and review" recoqunendations," he said. "But I Energy Conservation Coordinator, stages at the moment. William Pettus. hope to have a sense of what At one time, UCSD researched they're going to recommend. We Pettus, along with the Energy the possibility of a water treatment want to have a couple of hearings Conservation Committee (ECC), plant for recycled water and the on the bill and hopefully move it has been delegated the respon installation of a water reservoir for the week it (the bill) comes out." sibility of considering ways for Wliversity use. The plan was not Sixteen men from Challenger and Blake Halls have fornled an escort considered feasible and has been service to chaperone women who might otherwise be afraid to venture altered to a smaller scale as one out alone on campus. Coop Asks Pamphlet Mailing, possibility for conserving water. Joe Fonnusa, a Revelle freShman and a hall program advisor, The ECC is considering recycling the program which provides escorts for women until 12:30 each Wliversity water that is normally night. Week Referendum Delay lost to the sewage system. A "When I fOWld out how little was being done about rape, I decided to problem, however, as Pettus points initiate this program," he said. Monday's Student Cooperative refuses to fund mailing of the out, is that "a lot of water is from "The campus police really checked us out," Fonnusa said, adding Union meeting brought forth Voter's Pamphlet, the Coop would the flush from chemistry labs. And that they investigated each of the men's backgrounds, and now keep several resolutions that, if request the Student Activity Fee an analysis of the water for con taminants will have to be done." their fingerprints on file. t, initiated, will have a direct bearing Group to realocate the yearly "I'm held responsible for anything that happens," Fonnusa said, on the upcoming referendum. operating budget, thus finding Landscape Water Important noting that volWlteers will be personally interviewed by him in addition The Coop in a vote of 34 to 12, money to aid the Elections Board to undergoing a police investigation. with five abstentions, agreed to a with off-campus mailing. Formusa also hopes to purchase official windbreakers or jackets and resolution stating that the Chan flashlights for the escorts. He expects to obtain the funds if the service Chancellor McElroy responded cellor and Elections Board agree to to the Coop's request for mailing, becomes popular. eliminate the 25 percent minimum A4vertising and phone expenses are being taken care of by Phil saying, "I don't see how we can do voter turnout requirement.

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