Page 2-The Michigan Daily- Wednesday, October 16, 1991
"NEW YORK (AP) - Fall tu-
itions at public colleges and univer-
sities climbed by double digits for
the first time in eight years as
higher education fell victim to state
budget cuts, the College Board re-
Average in-state tuitions and
fees at four-year public universities
rose by 12 percent to $2,137, from
$1,908 in 1990-91. Room and board
charges increased by 6 percent to
$3,351, bringing total average fixed
charges at public institutions to
This fall's increase marked the
first double-digit jump in such rates
since 1983-84, when the average also
went up by 12 percent.
Tuitions and fees were up an even
sharper 13 percent at two-year pub-
lic universities, by far the fastest
growing sector of higher education
with some 4.7 million full-time
students. Fall tuitions there aver-
aged $1,022, compared with $906 a
College Board President Donald
Stewart said the big jump in tu-
itions wasn't surprising given reces-
sion-related budget problems af-
fecting more than 30 states.
Nobel econ. award
STOCKHOLM, Sweden (AP) -
American Ronald Coase won the
Nobel economics prize yesterday
for his long-ignored explanations of
how market economies are shaped by
contracts, laws and property rights.
In awarding the $1 million prize,
The Royal Swedish Academy of
Sciences said Coase's theories "are
among the most dynamic forces be-
hind research in economic science
and jurisprudence today."
The British-born Coase is a pro-
fessor emeritus at the University of
Chicago Law School, where he is ac-
tively engaged in research. He be-
came the 14th economist from the
University of Chicago to win the
"Coase explains the structure of
a market economy," said Assar
Lindbeck, chair of the prize commit-
tee. "He tries to explain why we
have firms, how companies evolve
and the reason why they do or don't
"The largest practical use for his
studies is that people better can un-
derstand how the world works and
why," Lindbeck said.
Before Coase's pioneering work,
theories on how the economy
worked only included production
and transport costs. But the expense
of signing and completing a deal,
making phone calls, hiring lawyers
and administering an organization
Those factors - called transac-
tion costs - account for a consider-
able share of the total use of re-
sources in the economy.
Coase's theories on transaction
costs grew out of his work in the
1930s, when he toured American
factories as a student from the
London School of Economics.
But until the 1970s and 1980s,
the importance of such costs, and
Coase was virtually alone in his ef-
forts to use them in economic analy-
His other big contribution was
developing the theory of property
rights and how they affect economic
success or failure.
The Nobel winner's theories
have been used in legal science, eco-
nomic history and organization the-
ory, and apply to research in other
fields as well, associates said.
John Webster (right) makes photocopies of an old exam to prepare for his midterm at the counseling center
located in the basement of Angell Hall.
Continued from page 1
Baisden said. Although they take
place mostly on city streets, a large
percentage of them involve stu-
Make 6 Difference!
dents, he added.
Students took great interest in
the display and showed concern
about the issue.
"An exhibition like this
illustrates to the students the
dangers of drinking and driving,"
said LSA first-year student Nancy
Kaplan. "It really can happen to
LSA junior Jamel Washington
said, "I believe it may have an
abstract influence on those who
have drunk and driven in the past;
maybe they'll think twice next
"I think it's very instructive
because it demonstrates the
devastating effects of drinking and
driving," said LSA senior Jeff
Nichols. "I know a lot of people
who do it, and it is just a needless
LSA junior Priti Marwah, a co-
coordinator of Alcohol Awareness
Week, said she encourages students
to participate in the various events
such as the "mocktail contest
party" this evening at Ruby
Tuesday. The contest challenges
students to create the most creative
non-alcoholic beverage and is being
sponsored and funded by the
Briarwood Mall restaurant.
"It is a good opportunity for
students to show individuals that
they don't have to have alcohol to
have a good time," she said.
Continued from page 1
Harassment may be reported to a
number of University offices in-
cluding the Affirmative Action
Office, Counseling Services, the
Department of Public Safety, and
the contacts that exist in each de-
partment of the University. All of-
fices are supposed to report their
cases to the Affirmative Action Of-
fice, but they often fail to do so,
But the University is making a
sincere effort to prevent sexual ha-
rassment, Orlowski said.
University administrators said
the revised policy will continue to
work toward that goal.
"The whole idea of a policy is to
prevent this type of behavior. We
need to educate the community
about what sexual harassment is and
how devastating it can be," Dawson
Michigan Student Assembly
campus wide student government
Call for Candidates
Elections Tuesday, November 19 and
Wednesday, November 20
Representative Positions open:
Library Science (1)
Social Work (1)
Candidate Packets available in MSA office:
3909 Michigan Union or call 763-3241
for further information.
$ MONEY! MONEY! $
LSA-Student Government is
currently accepting applications for
STUDENT GROUP Funding.
If your group has an event,
activity or any need for funding then
come to 4003 Michigan Union and
pick up a request form.
$ LSA-SG SERVES YOU! $
Continued from page 1
timation of revenue we can point
Regent Philip Power (D-Ann
Arbor) said that the regents usually
approve the preliminary budget re-
quests made by the University. "My
recollection is because it is only the
beginning place in a long and com-
plicated process, that the regents re-
view (the appropriation request)
with care, but recognize what we
want and ask for and what we will
get... are different things"
Duderstadt said the budget re-
quest is based on last year's depart-
mental expenditures and is then ad-
justed for inflation and unusual cost
In budget negotiations which
lasted most of the summer, the
University received a 3.8 percent in-
crease in state appropriations for the
1991-92 school year.
However, this figure does not in-
elude the 1.5 percent cut in deferred
maintenance fees, which cover build-
ing upkeep. Duderstadt said this cut
was the cause of the imposition of
the $50per term infrastructure
maintenance fee. Moreover, the state
has withheld $25 million from last
year's appropriations until this year
because of financial problems.
"This year was an unusual year.
We usually like to get (the higher
education budget) done by the end of
July," Schwarz said.
Schwarz said he expects another
difficult year. "Because of animos-
ity that exists between some House
Democrats and the governor, it
wouldn't be a horrific surprise if
this played itself out well into
August and September of next
year... That certainly is a real
The request is only the start of
the budget making process. Each of
the 15 state universities and col-
leges will make their budget re-
quests in the upcoming months.
fipplication Deadline is
Tuesday, October 29,1991 at 5:00 pm
Continued from page 1
"If we make a mistake today the
Supreme Court will be living with
it and the nation will be living with
it for the next 30 to 40 years," ar-
gued Sen. Edward Kennedy (D-
Mass). "That is too high a price to
pay ... To give the benefit of the
doubt to Judge Thomas is to say that
Judge Thomas is more important
than the Supreme Court."
Sen. Robert Byrd (D-W.Va) said
he had been prepared to vote for
Thomas but changed his mind after
watching Hill on television.
"Why should we give the benefit
of the doubt to him?" Byrd said. "If
there is a cloud of doubt, this is the
Thomas said now he wanted to
put the ordeal behind him.
"This is more a time for healing,
not a time for anger or for animus or
animosity," Thomas said, standing
outside his house with his wife,
Virginia, under an umbrella in the
"I guess in so many ways, as I say
to my wife so many times, I'd like
to thank America," said Thomas.
Sbr 1Mir4an iarIQ
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