8A - The Michigan Daily -- Thursday, October 8, 1998 LOCAL/STATE FIEGER Continued from Page IA tion and primary education, said John Truscott, spokesperson for Gov. John Engler. "All these taxes add up to money that goes into the general fund, which is then given to various places - including higher education," Truscott said. "Fieger's shown complete lack of understanding of the state financ- ing situation." Both Horning and Brandon said keeping tuition increases below the rate of inflation should be a priority for the University's Board of Regents. This year's raise was 3.9 percent, slightly below the national average of 4 percent. The national rate, announced yes- terday as part of a national study con- ducted by the College Board, is well above the 2 percent rate of inflation that colleges aim to meet when dis- cussing tuition increases. Horning said the University did not qualify for the state's tuition tax cred- it because a provision in the Tuition Tax Credit ties the credit to the rate of inflation. "We should make every effort pos- sible to take advantage of" the credit, Homing said. Clinton signs Higher Education act, impacts several facets of 'U BILL Continued from Page 1A bers of the University community can resolve conflicts. Its sanctions include educational projects, disciplinary repri- mands and expulsion from the University. The Office of Student Conflict Resolution presides over disputes between students. Students can file complaints upder the Code in conjunction with the criminal justice sys- tem. FERPA also prohibits the University from publicly releasing student records under the Freedom of Information Act. Lew Morrissey, the University's chief FOIA officer, said he could not determine how the act's amendment to FERPA might change the way student records can be released under FOIA. "It really depends on the impact on FERPA and what the general counsel's office determines is the impact on student records," Morrissey said. The University cannot release the names of students cited for underage drinking, but the amendments to the FERPA now allow disclosure of this information to parents. "We've been meeting with students about this provision," Hartford said. "And they don't seem to like it." Vice President of the national activist group Safety on Campus Daniel Carter said the new allowances will aid not only universities, but students as well. "Students will have a better feel for who is committing violent crimes on campus," Carter said. "They will be - able to make informed decisions about what precautions to take." But the reduction of student loan interest rates to their low- est rate in 17 years is considered the major accomplishment of the legislation. "Today with this lowering of the interest rates ... we can really say that every high school graduate in America, regard- less of income, can afford to go to college," Clinton said dur- ing the signing ceremony in the East Room of the White House. The rate will drop .8 percent. The interest rates are tied "This is the way America should work. This is the way Congress should work" 0 - President Clinton to Treasury Bill rates plus an additional fixed rate. The new rate, 7.43 percent, will be applicable to both Direct Loans - the University's loan program - and federally guaranteed loans. A typical student graduating from a four-year col- lege would save $700 on a $13,000 debt over 10 years, the White House said. Pell grants, currently capped at $2,300, will also be incrementally increased over the next five years, reaching a maximum of $5,8000 2003. But due to bank objections to the new rate, students must consolidate their loans under the new rate before January 31. Associate Vice President for Government Relations Tom Butts, the University's Washington lobbyist, said last week that he didn't like that provision. But he added that the University will work to inform all students with loans about the deadline so they can benefit from the new rate. Rep. Dale Kildee (D-Flint), the ranking member on House Education and the Workforce Committee, said lat week that while many citizens are frustrated with inactivity in Congress, this is "an example of us getting something done." Clinton echoed Kildee during yesterday's ceremony. "This is the way America should work. This is the way Congress should work," he said. "Let me just say in the closing days of this congressional session, I hope that there will be similar bipartisan actions on the agenda for public school excellence that I offered eight months ago." - The Associated Press contributed to this rep. RORY MICHAELS/Daily Republican candidate for University Regent David Brandon speaks In the Kunzel room of the Michigan Union yesterday. a P U . 4 . Come learn about the challenges and possibilities facing students in the nation's most under-resourced rural and urban public schools. University of Michigan Thursday, October 8, 1998 7:00 p.m. Michigan League Kalamazoo Room Marion Hodges '93, Central Recruitment Director, and local Teach For America alumni will share their experiences teaching in under-resourced public schools. FIRST APPLICATION DEADLINE: MONDAY, NOVEMBER 2, 1998 TEACHFORAMERICA 1-800-832-1230 www.teachforamerica.org B eJ 2 I A R W O O D M A L L U of M and Eastern Michigan, students and employees. Show us your "M" card or "Eagle" card. *Not valid on Kiddie Car Classics or Hallmark Keepsake Ornaments ~-.: M7&dasM& - Briarwood Mall 4 --.4 I... , ZTT. 777 ., - 7 7- 1- ,.- :> x ohnson & Johnson is the world's most comprehensive and broadly based health care company, with more than 180 operating companies based in 50 countries. Together, we provide pharmaceutical, medical and health care products as sophisticated as an ultrasound scalpel and as familiar as a Band-Aidtm. We're a leader in a growing industry with potential as infinite as the needs of humankind. Invites you to a presentation by Robert J. Darretta, Chief Financial Officer of Johnson &Johnson 'Keys to Business Success' University of Michigan Business School, Room D1270 Fridav. October 9th. 2 n.m. I