NEWS The Michigan Daily - Tuesday, February 8, 2005 - 7 BUSH Continued from page 1 ernment cuts subsidies. "I think the philosophy of the fed- eral government is that these are very lucrative loans for the banks - they can afford to take a smaller subsidy and still make money on these loans. Ultimate- ly it will be up to the banks to decide whether they want to stay in the student loan business or not," Heller said. Sen. John Kerry, Bush's opponent in the November presidential election, had planned to fund his education propos- als by eliminating the same subsidies as well. During the campaign, Kerry cited the "windfall profits" banks make when the interest rate of a student loan exceeds the rate that the government guarantees to lenders. Assistant Secretary of Education Sally Stroup has called the Perkins program "ineffective," according to the Chronicle of Higher Education. The administration has said the $7 billion spent on loans would be put to better use on Pell Grants. DONORS Continued from page 1 something the University should get involvement on from people who want to express their opinions on that issue," Carter said. Renovation plans have not yet been finalized, and it is not yet clear whether the changes will increase or decrease seating capacity. Athletic Department spokesman Bruce Madej said the athletic department has been consistently involving donors and other interested individuals in the plans to renovate the stadium. "We are in contact with the major donors almost constantly," Madej said. "It is good leadership to keep the lines of communication open with all your constituents; not only with regard to this project, but we want their input on everything that happens at the University." Madej said he hopes more communication between the University and athletic supporters will prevent unpopular renovations from taking place. Madej cited the unpopular addition of the "halo" in 1998, a maize-and-blue ring that circled the stadium. The halo met so much opposition that it was removed two years later. "There's been discussion about (the halo), and we want to make sure it doesn't happen again," Madej said. "That's why we want to keep the lines of com- munication open." While several donors said the University has not contacted them regarding the stadium renovations, others said they have engaged in some communication about the project. "I've talked generally with people in the develop- ment office about the future of the facility," said Doug Gessner, a University alum who donated $10,000 to the athletic department last October. "I think it's great. I trust (Athletic Director) Bill Martin and the University leadership to strike the appropriate balance of keeping the stadium up to date, but making as few changes as possible." the michigan daily EAST UNIVERSITY AREA 5 Bdrm., 1.5 Bath. House with Prkg. May or Sept. Lease 1107 Prospect. $2500/mo. + Utils. 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No decisions have yet been made as to how the University should go about study- ing ethics in public life. Among others, possibilities include a major center for the study of ethics, coordinated faculty hir- ing, new courses, seed funding or a con- sortium. "Right now, we're tying to assess our needs," Krislov said. "It might be a physi- cal center. It might not. There (is) a wide range of possibilities." There will most likely be two separate components to the study: one for public life and one for campus life. The public- life component would address contro- versial topics such as stem-cell research, while the campus-life component would focus on local issues such as the ethics of race-based admission policies. Task force members asked forum attendees what ethical issues they thought should be included in the University's planned discussions on ethics. TEXTBOOKS Continued from page 1 while it sells for $108.86 in American bookstores. Bruce Hildebrandt, executive direc- tor for the Higher Education Associa- tion of American Publishers, said that prices are lowered in foreign countries to compete with local publishers, and to dissuade consumers and producers from purchasing or producing pirated copies of the books. "The industry loses $500 mil- lion to $1 billion a year in Asia and Africa through piracy," Hildebrandt said. But PIRGIM finds these price hikes unacceptable and, while working to bring them down, also wants to tackle the problem of new edition prices, which are often a financial burden for students because they force them to buy new books instead of cheaper, used ones. The study also addressed the issue of new editions. According to the survey, which included information from 59 col- leges and University bookstores across the country, the most widely purchased textbooks on college cam- puses on average have new editions published every three years, and these new editions cost 45 percent more than used copies of the previ- ous edition. The report surveyed faculty from 59 American universities, finding that 76 percent of the faculty felt that a new printed edition was needed half the time or even less. "It's outrageous that publish- ing companies are coming out with new textbooks so often. It puts even more of a financial burden on stu- dents," LSA senior Carolyn Hwang of PIRGM said. LSA junior and PIRGM member Sarah Seiter said that most of the time when publishers release a new edition of the textbook, they don't significant- ly alter the content of the text. Instead, some of the exercises are rewritten, which causes the page numbers to be redone. Then if a professor wants to make reference to a page number in the text, students are forced to buy a new edition. Also, once a new edi- tion is released, the older editions are taken out of print, and the bookstores can only buy the new editions from the publishers. "(Publishing Companies) release new editions that prevent bookstores from selling the old, used editions, CANCUN SPRING BREAK Beach Hotels from $519! Call Huron Valley Travel at 761-1300.w'ww.studentbreaks.com SPRING BREAK SPECIALS! Panama City & Daytona 7 Nights, 6 Free Parties $159! Cancun, Jamaica, Acapulco, Nassau $499 Including Air! Bahamas Cruise $299! SpringBreakTravel.com 1-800-678-6386. Jw Amner'as #1 Studewt Tour Operator $t s , Cullfor gr p di~ounts -- 'TRAVEL 7344694.555 (~Q TRAVE M SIR WCIS 734998-0200 Pertaining to the public sphere, attend- ees brought up the Iraq war and urged the University to look at its moral implica- tions. They also suggested that whatever organization results from the task force examine health care, social security and business ethics. University-related topics included Internet plagiarism, post-tenure review and possible divestment from companies that are associated with immoral activity. In response to similar activity at Brown University, some attendees also wanted ethics researchers to investigate whether the University has ever had ties to slavery in its past. Attendees suggested that one way the University could provoke discussion on those topics would be by educating people about current problems. Discussion was also devoted to how the University would decide what is ethi- cal and what is not. Attendees raised the question of what basis - such as social or religious beliefs - ethical standards would be centered on. The 19 members on the task force rep- resent a wide range of University depart- ments and organizations, ranging from special counsel to the president Gary Krenz to MSA President Jason Mironov. and then they convince professors to use the new editions," said Vince Bat- tista, regional manager of Barnes and Noble College Bookstores, of which the Michigan Union bookstore is a subsidiary. But Hildebrandt said the seem- ingly rapid release of new editions is a response to demand from college professors. Hildebrandt cited a Zogby study, which claims that 80 percent of professors want the content of their textbooks to be as current as possible. "We only send what the professor tells us to send," he said. Not only are the new editions com- ing out more frequently, but they are also coming out to be more expen- sive, according to the report. The survey found that textbook prices are increasing at a rate much faster than the rate of inflation. According to the report, the price difference between the old and new edition is 12 percent on average - almost twice the rate of inflation between 2000 and 2003, which was 6.8 percent. Members of PIRGIM voiced their concerns at the Michigan Student Assembly's meeting last Tuesday, urging the student government to aid their efforts in protesting the textbook companies, and work- ing with professors to consider the financial burden inflicted upon stu- dents before ordering a new edition of a book. "We hope to get professors to not order bundled packages, because they often contain materials like dic- tionaries, CD's or lab books which students don't really end up using or needing. They also prevent the stu- dent from buying some of the books used," Seiter said. According to the survey, 65 percent of faculty said they rarely or never used these items. Representatives from MSA echoed the concern in the report over the dramatic price increase in textbook costs. "We're concerned about the rising costs of textbooks and that's why we registered 3,162 students at dogears. net, an online text book exchange that saves students money each semester," said MSA student general counsel Jesse Levine. The survey for "Ripoff 101" did not include bookstores from the Uni- versity or Ann Arbor. PIRGIM plans to conduct their own investigation of local bookstores and produce their own report in the near future. A GREAT SUMMER JOB! Birch Trail Camp for Girls, located in beauti- ful NW Wisconsin is seeking motivated peo- ple as cabin counselors/activity instructors (you name it, we teach it!). Climbing/ropes course instructors, wilderness trip leaders, nurses, kitchen workers, cooks, & a secretary. We are looking for enthusiastic people who are committed to kids, the outdoors and hav- ing a good time! Top pay, travel allowance, room & board and paid internships. Contact us today at: 800-544-2267 or www.birchtrail.com. 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