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February 07, 2003 - Image 3

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The Michigan Daily, 2003-02-07

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LOCAL/STATE

The Michigan Daily - Friday, February 7, 2003 - 3

CAMPUS
N O E S
Dentistry faculty
and students give
free dental care
There will be a Free Dental Health
Day tomorrow from 9 a.m. until noon
on the first floor of the School of Den-
tistry. Dentistry faculty and students
will be providing free oral health serv-
ices to residents of Ann Arbor and the
surrounding community.
The clinics will be first-come, first-
served, and will include. oral cancer
screenings, tooth decay examinations,
screening x-rays and oral hygiene
instructions.
Local march, rally
strives for peaceful
alternatives
The Ann Arbor Area Committee for
Peace'and Anti-War Action! groups
are sponsoring a peace parade tomor-
row at noon. The march will start at
the Ann Arbor Federal Building on
Liberty Street and 5th Avenue, and
continue through downtown ending at
the Diag for a rally.
A preliminary march begins at
11:30 a.m. at the Michigan Union.
Participants are invited to bring signs,
noisemakers and are advised to dress
warmly. The parade sponsors hope to
create and photograph the world's
largest human peace sign on the Diag
at 12:30 p.m. after the march.
Judge to speak
about anniversary
of court case
John Noonan Jr., a judge on the
U.S. 9th Circuit Court of Appeals, will
be the keynote speaker for the Mar-
bury v. Madison 200th Anniversary
Conference. He speaks in 250
Hutchins Hall in the Law School
today at 5 p.m.
The conference, sponsored by the
Michigan Law Review, runs through
tomorrow and Sunday.
Free films to be
shown for Black
History Month
There will be a free showing of the
films "Up Town Saturday Night" star-
ring Bill Cosby and "Let's Do It Again"
with Sidney Poitier today at 6 p.m. in
the Wedge Room of West Quad Resi-
dence Hall. The double feature is part
othp ,ogoing activitiesatthe Univer-
sity for Black History Month.
Professor to host
discussion on
gender studies
Prof. Jitka Maleckova will host a
roundtable discussion titled "Gender
Studies in Eastern Europe," a discus-
sion of gender scholarship, in 2239
Lane Hall on Monday at noon.
Maleckova is a board member of
the Gender Studies program at
Charles University in Prague, Czech
Republic, and wrote the book "Fertile
Soil: Women Serve the Nation."
Wheelchair rugby
exhibition at the
Sports Coliseum
Students Take on Paralysis and the
University Mentorship Program will
put on a demonstration game of

wheelchair rugby, nicknamed "Mur-
derball," at the Sports Coliseum Sun-
day at 1 p.m.
Spectators will get a chance to try
out this unique sport after the game.
Einstein, Picasso
to meet in RC
performance
The Residential College Players will
perform Steve Martin's "Picasso at the
Lapin Agile" in the RC Auditorium in
East Quad Residence Hall today and
tomorrow at 8 p.m.
The show depicts a fictitious meeting
between Einstein and Picasso set in a
Parisian cafe at the turn of the century.
Tickets will be sold at the door for $5
while students receive a $2 discount.
Nepali novelist to
read at Shaman
Drum bookshop
Known as the "Buddhist Chekov,"
Samrat Upadhyay will read from his
novel, "The Guru of Love," at Shaman
Drum today at 8 p.m.
His book, set in the modern political
unrest of Katmandu, deals with family,
politics and spirituality.
Celebrate winter

DEBT
Continued from Page 1
both graduate and undergraduate
students.
"The students want to consolidate
(their loans), but it's very difficult,"
Sachdev said. "Because the state of the
economy has made the risk factor much
higher, students thought they would be
able to get a good job, but they can't,"
Sachdev said.
One promising option students cur-
rently have is the consolidation of their
loans through the Federal Direct Loan
Program, which would lock in the cur-
rent rate of interest at 3.46 percent, the
lowest rate Rodriguez said she has ever
seen.
"Consolidation would change the
interest rate on the federal Direct Loans
from a variable rate to a fixed rate. With
interest rates so low, students could save
a significant amount of money,"
Rodriguez said.
According to a 2001 report by the
non-profit State Public Interest
Research Group, there has been an
increase in student dependency on
loans as federal loan aid increased
125 percent over the last decade
compared to a 55 percent increase
in grant aid over the same period.
The report stated that accessibili-
ty to grants has decreased during
the last 20 years, comprising 40

percent of all student aid, compared
to 55 percent in 1981. Loan aid,
which accounted for 40 percent of
all aid in 1981, is now 60 percent.
Numerous surveys conducted by the
group found that students underestimate
the total cost of their loans, often
neglecting the impact of interest -
which can increase the total cost of fed-
eral unsubsidized loans by nearly 100
percent.
"Students that are the most vulnerable
- those with high levels of debt -
have the least understanding of repay-
ment," the report stated.
Igwekala said he thinks overesti-
mating one's debt is easy because of
easy access and student's hectic
schedules, but he considers himself
to be an exception.
"I have a unique outlook on my
finance," he said.
LSA sophomore Jonathan Friedman
said he expects to borrow approximately
$100,000 by the time he finishes law
school.
"It's a double-edged sword. If the
economy does a double-dip reces-
sion, more people will be inclined
to go to law school instead of busi-
ness school or start small business-
es, which will make it harder to get
into law school and may depress my
initial earnings," Friedman said.
President Bush's 2004 budget propos-
al, released Monday, raised federal

financial aid for higher education $62.2
billion - up 5 percent from last year.
The funding would be allocated for col-
lege and vocational students and would
include grants, loans and work-study
programs.
The Pell grant is entirely need-based
and is the heart of the government's
effort to make higher education accessi-
ble to low-income students. Due to the
current economic recession and the
large cohort of children who will be
continuing to reach college age during
the upcoming years, Bush also proposed
to give 17.6 percent more to the Pell
program, raising the total government
spending on the Pell to $12.7 billion.
However, higher education interest
groups, including the PIRG, have criti-
cized the plan because Bush's proposal
will not increase the maximum amount
of Pell, despite the rising costs of tuition
and inflation. The Pell award is currently
$4,000 annually.
Education Prof. Michael Nettles has
conducted several national surveys doc-
umenting graduate students' attitudes
toward borrowing money.
"It seems like they are not allowing it
to be an impediment,"Nettles said.
"As a rule nobody likes debt, but in
the end it's the best investment anyone
can make. People who graduate from
college today are estimated to have $1.8
million more in earnings than people
who don't;"Nettles said.

Rackham student Sandeep Premkumar listens to Lockheed representative Livia
Gandara at the Engineering Fair at the Media Union yesterday.

JOBS
Continued from Page 1.
ports NASA's shuttle program - are
"still strong in staff" and actively
recruiting new blood, Townsend said.
"The (Columbia) shuttle was a
tragedy, and we are doing everything
we can to support NASA any way that
they are asking us to help. But there
really is no effect on us," Townsend
said. "We are strong and healthy, and
have quite a few new contracts."
While Townsend said Lockheed
Martin Corp. is hiring over 2,000 full-
time positions and 500 interns nation-
wide this year, job-cut statements were
making news all week - Bank of
America, Circuit City and WorldCom
announced that they are going to slash
900, 2,000 and 5,000 jobs respectively.
Although it was an internship fair,

many students in line tried securing
full-time positions. Alum Jonathon
Frohlich, who graduated last Decem-
ber, said despite being optimistic about
his ability to land a career soon, his job
hunt was slowed down by the dismal
economy.
"I've been to a couple of career fairs,
done a little bit of online job search ...
but I've got nothing more than an inter-
view," Frohlich said.
With fewer participating companies
and more students trying to find a job
at the career fair, students said they did
not get much time to talk to the
recruiters because of the long wait.
"It's really impersonal. They just
took my resume and stored it in
their databases. I don't have much
hope. There are just so many peo-
ple," Engineering sophomore Joel
Donoghue said.

Cupid Gram shown: boxers actual size: 2.25" x 2.25" 1 max # of text characters: 100

FACULTY
Continued from Page 1
Mulitcultural University. The committee
is preparing recommendations for the
Senate Advisory Committee on Univer-
sity Affairs.
Another problem is the uneven distri-
bution of minority faculty across Uni-
versity departments, Monts said. While
some departments, like the Center for
African-American Studies and History
of Art, hire many minority faculty, sci-
ence departments hardly employ any
minorities.
"We would like to see a greater bal-
ance of minority professors in the sci-
ences and engineering," Monts said.
Anesthesiology Prof. Satwant Samra
said one solution to hiring more minori-
ty professors in science departments is
to analyze which professors have won
national recognition for their work and
to see howmanyof them are minorities-
History of art Prof. Thelma Thomas
said as a black woman studying Byzan-
tine culture, she represents a unique role
model for her students.
"I am representative of an interven-
tion in the typical'demographic makeup
of what you expect a medievalist to be,
she said.
The University has the most total
minority faculty on the path to tenure in
the Big Ten, and ranks second to the
University of Illinois in terms of the per-
centage of minority professors.
Illinois has achieved success creat-
ing faculty diversity through a program
similar to PFIP called the Targets of
Opportunity Program, Associate
Provost David Swanson said.

KOLB
Continued from Page 1
there are several measures the committee
can take to help this problem.
"There's lots of things we can do right
now to address the land-use issue that
won't cost the state money. A lot of what
we're trying to do is get local communi-
ties to address land use in their area,"
Kolb said. But there are important meas-
ures that do require funds that are cur-
rently unavailable.
"One solution we need to fund is how
to purchase development rights," Kolb
said, adding that the plans work mainly
with rural plots that might be targets for
developers. "You pay the farmer the dif-
ference between what the land would sell
for as agricultural land and what a devel-
oper would pay them. They, in turn,
agree to never develop the land."
The committee intends to represent
many diverse, views, Kolb said.
"In the end, what the committee has
to do is bring a bunch of interested
groups together and agree on what to
do," he said.
WANTr TO WRITE
FOR THE DAILY?
LAST MASS
MEETING:
FEB 11, 7 P.M.
STUDENT
PUBLICATIONS
BUILDING.

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13th Asian Business Conference
Asia: Managing Challenges
& Rediscovering Growth
3A February 7-8, 2003
5t~ht kK
4PM-7PM
First 200 to Frgisr.
Friday, February 7 Pxs t2 t xrretr
Keynote Soeaker

Roberto De Ocampo' '
President, Asian Institute of Management
Former Minister of Finance, The Phillipines

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Speaker Mixer & Career Fair
Nissan Motor Company
Wang & Li Resources
Contact Singapore

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