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March 21, 1988 - Image 21

Resource type:
The Michigan Daily, 1988-03-21

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'OMARCH 1988 Dollars and Sense



Continued From Page 9
advisement, said, "Law schools tend to
favor humanities majors because they
embody the skills that law students
need," Norton said.
Interested liberal arts majors are en-
Ocouraged to get their doctorate in the
humanities because of the projected re-
tirement of roughly half of the nation's
professors within the next eight years,
said Alan F. Keele, professor and associ-
ate chairman of the Department of Ger-
manic and Slavic languages and litera-
Continued From Page 9
bar and Boykin Curry stand in front of a
sign that reads "Office of Undergradu-
ate Admissions, Yale University, 149
Elm." Both are members of the Yale
class of 1988.
The moment of truth.
Kasbar and Curry start by stressing
the importance of a decent essay on
business school applications. They even
have a sense of humor about it. Under a
question like "What is your greatest
weakness?" some of the self-
deprecating sample responses were:
.... my tendency to over-research
topics when time is available"; ". . . my
desire to excel"; ". . . that I do not like to
waste time"; and-how could anyone
admit such a thing-" .., that I'm too
much of a leader."
"That I'm prone to occasional fits of
gun play in fast-food restaurants" and,
my personal favorite, "that, in certain
unusually tense situations, I often drop
my pants and recite the Pledge of Alle-
giance," were not included.
Some sample questions on business
school applications are also included.
My favorite is U. of California, Los
Angeles' zinger, "Write your own essay
question and answer it. Take a risk."
Okay, I thought, I'll play along.
"When you used to sleep with your
mother during really violent thunder-
storms, did you dream about her wear-
ing pink poodle slippers and drop-
kicking dachsunds into a pond full of
peach-flavored Jello?"
The essays themselves are revealing.
The first lines alone ring with modest
0 "My investment bank's internal sys-
tem for the allocation of revenues and
expenses among divisions produces a
competitive, uncooperative rela-
tionship between investment banking
and sales and trading that has resulted
in the loss of business and market share
for the firm." Really. If you drove 150
miles per hour for four days going east
eating three pounds of doughnuts, how
many doughnuts would you have left by
the time you reached Vermont? Answer
that one, smart guy.
"I want to shepherd Earth's move into
space. That is, I ..." Oh, don't explain
that first sentence, for God's sake. It
stands fine on its own. I think I'll use it
to get into English graduate school
"The pattern of my life, the series of
choices I have made, has been shaped by
Ptwo divergent tendencies: a tendency
toward idealism and a tendency toward
pragmatism . . ." I started to hum
Vivaldi during this one.
Finally, "A remote beach on the Gulf
of Agaba in what is now the Egyptian
Sinai is not the ideal place to be
stranded for three days with no food and

little water." And you'd like to come in-
doors and wear a suit now?

How to put money where your mouth is

By Jill Staley
. The Purdue Exponent
Purdue U., IN
So, you want a business loan? Well,
student entrepreneurs, be prepared to
supply either collateral or a co-signer.
The co-signer can either be a parent
or a member of the community who is
well-established and willing to share
the responsibility of paying back the

bank loan, said Craig Bailey, who works
in the installment loan department at
Lafayette Bank & Trust Company. "Un-
less you have collateral, like property or
a home, we base our loans on the money
you can put up."
"We look at a person's ability to pay
the money back," said Barbara DeLong,
assistant vice president loan officer for
Lafayette Savings Bank. DeLong said
the bank looks at any money you have

borrowed in the past including car loans
or credit cards.
"We'll try to work with anyone," De-
Long said. "It depends on the individual
Bailey said businesses related to ser-
vices for the public are the best candi-
dates to receive financing. "Restaurants
or anything that is service-oriented are
most likely to get loans."

S evice D.C. programs. Service would be done before
Continued From Page 9 " Sen. Claiborne Pell (D-R.I.) has a attending college and receiving assist-
similar bill pending. Under this Nation- ance.
agencies and property confiscation, said al Service Act, students could serve in 0 For more information, or to show your sup-
Victoria Tripp of the Office of Post- the military or the Peace Corps and port for these bills, write to either Rep.
Secondary Education in Washington, other recognized community service Sikorski or Sen. Pell in Washington, D.C.
How to stand out
i n acrowd.
Mumi 09781
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