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May 27, 1990 - Image 1

Resource type:
Text
Publication:
Michigan Citizen, 1990-05-27

Disclaimer: Computer generated plain text may have errors. Read more about this.

ASH I GTON, D.C. - -
African-American I
ol1l.Dizatio exci aDd
thrilled that South African
anti- partheid symbol elsOn
odela is comiog to
America JUDe 20-30, but they
are protesti plans to invit
Frederic W. deKJer presi-
dent of t African country'
all-white government, 0 vi it
the U.S. firsL
RecenU
years in prison, Mandel the
African National Congres
p rty leader, will addre the
U.S. Congres , meet with
Pre ident George B h and be
bo ered with a tic er-tape
par de in New York City
dwing the 11-day tour of at
le t ix AiDerican clues,
ANC official proudly aD­
ftOUDCed.
Detail of the vi it ere
disci Metropoli D
African etboc1ist Ep' pal
Churcb iD W bingtoD by
Tebogo Mafole, chief ANC
rep ntative at tbe United
Nations aDd· Linde e
b ANC' chief repre-
2
of eduba ion:
... • .... Weayer
ServKe
State Universities of MiChigan,
said. "Tbi p ees a burden on
stuclen and their famHi to
provide funds for chool.
What we're seeing is more and
more students taking out loans
- it's almost a fact of life.
"In order � ble to af-
ford tuition and fee at a
university, you bave to ta e
out a loan. This ha become
the De form of (inaocia) aid."
Loans help et s�n get
through cbool, but in the fu­
ture, paying off loans could be
a problem, Montgomery id.
"THE AVERAGE cumula­
tive debt of a grad in 1977 w
$2,700," . Montgomery said.
"In 1984, it S5,000 aDd by
1991, re earcher predict it
will be $ 11 ,SOO," be ide
Looking at 1991, $11,500
for each tudent - tbat' a
do n payment on a bouse, or
it could be a do n payment on
a b ioe . People are goin
to stan to me ure education in
terms of afford bili ty . "
Montgomery said loa of
uch magnitude might deter
potential studen from go n
to college.
"There hun't been any
definitive tudy, but he :
general empirical re po e
from researchers is that e en
the perception about tbe co t
f higher education is a det�r­
rent t� a number of dis d­
vantaged tudents - DO doubt
about it, " Mont ornery said.
Loan officer hare
Montgomery' concern.
"Frankly, my point of vie
a financial . d director, I'
very concerned about tuden
grad tina with that- ount f
indebted ,. id Tom Sea -
lett, director of tbe office f
_financial aid at Michigan Sta
University.
$8,000, $10,000 nd go into
10 -paying job, it' Imo t
impo i le for them to p y off
that amount of indebtedne "
Scarlett said Congre
concerned about tuden not
being able to pay their Jo os,.
"I think we're going to ee a
Jot of schooJs who have high
default rate losing eligibility
to p rticipate in loan progra
and tbat' going to burt 10 -
income and minority tuden
wbo go to chool with bigh
default rates," ScarJett said. (
Montgomery aid education .
cos have gone up 0 f; t be­
cause the federal government
ha not incre d educational
expenditur . As a re ult, col­
lege and universitie ve to
increa e tuition and fee to
compen te for higher operat­
ing co 15.
2
LAM - AS the cost of
public university education
kyrocke ,more and more SIU­
den are forced to see loans
to pay their ay through
bool - hicb could cause
problems for both tudents and
universitie , education offi- .
cials y.
early f of tbe financial
istaDCe provided for college
education i in the form of
repayable loan , not need­
b ed grants and scholarships,
I Michigan Department of
Education report lid. And
nearly one-third of all
MiChigan tudeots are attend­
ing college through some ind
of financial aid.
"Tbe federal level of finan­
"cia) id p cages, other tban
10 ns, really, really tapered
off during tbe 19 ," Bruce
Montgomery, istant director
of tbe Pre idenlS Council,
P. JOB T D, R-
Lapeer, - aid ome of the
. Continu d on P 11

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