4c It iC i an,43at im Ann Arbor, Michigan Wednesday, September 17, 2008 rnichigandaily.com REGISTRATION DRIVE BORROWING FOR COL LEGE As lenders shy away, 'U' students still finding loans Community college students among those hit hardest by loan squeeze BY MATT AARONSON Daily StaffReporter Private lenders have been pull- ing out of the student loan indus- try in droves as investors hesitate to buy loan-backed securities in a, national economy greatly weak- ened by the sub-prime mortgage crisis. But the adverse effects of the student loan squeeze have yet to directly impact Michigan stu- dents, said Margaret Rodriguez, senior associate director of the office of Financial Aid. "Based on our contacts with students and their families, we are not aware that U of M students are having difficulty obtaining private loans this year," she said. "Due to the high graduation rates and lowstudent loan default rates of U of M students, they are con- sidered a good risk." University students default on their federal loans about one- third as frequentlythanthe aver- age at other public universities, thoughtheUniversityofWiscon- sin at Madison, Michigan State See LOANS, Page 7A Ann Arbor residents Greg and Davi Napoleon, seen here walking down Greenwood Avenue, canvassed student neighborhoods south of campus yesterday for the Barack Obama campaign. They registered four people to vote. For an audio slideshow of their canvassing efforts, go to www.michigandaily.com/video/canvass UNIVERSITY RESEA RCH CO R RIFDORE Unive erse release annual report U-M, MSU, Wayne State brought $433.5 million more to state economy last year By EMILY BARTON Daily News Editor The University Research Corridor released its second annual report today, highlighting the latest progress on collaborative efforts between the University of Michigan, Michigan State University and Wayne State University to revitalize Michigan's ailing economy. Formed in 2006, to help the three Michigan research universities combine resources and compete with other top research institutions, the URC hasgenerated about $13.3 billionofthe state's economy in the past year. That money includes the form of earnings for alumni and' students from the three URC schools and earn- ings for the corridor's faculty and staff. That $13.3 billion was an increase of $453.5 million from last year. When compared to other research collabora- tions, the URC fell in the rankings for Research and Development expenditures, dropping from fourth to fifth. But, it rose in the ranks for both patent grants and technology licenses, going from fifth to fourth and sixth to fifth, respec- Student enrollment at the three universities also increased by 2,485 students collectively. University of Michigan President Mary Sue Coleman said in a conference call Tuesday that one of the URC's goals is to emphasize the importance of entrepreneurship to the future economic success of the state. "Entrepreneurship education needs to be number one," she said. The report, completed by the East Lan- sing-based Anderson Economic Group, is the second in a series of annual reports meant to measure the impact of the URC on the state's economy. The report also analyzed Michigan's natural See RESEARCH, Page 7A FALLING SHORT Loan default rates for the 20{ PERCENTAGE DEFAULTS 10 7.5 5 2.5 O M C . C O U _ O . 06 cohort at several colleges OR anon - n 50-5 >v 1 1 =7 77=m I J 0 SoURcE: U.S. DEPARTMENT OF EDUCATION Officials seek student input on parking, buses ON THE FIELDIN THE CLASSROOM New committee to investigate academics for student-athletes Student advisory board will hold first * meetings this fall By ALEX KAZICKAS Daily StaffReporter Students frustrated with Ann Arbor's one-way streets, the University's limited on-campus parking and numerous city and campus bus schedules will now be able to voice their complaints. The University's Parking and Transportation Services is recruiting students for its newly formed Transportation and Park- ing Student Advisory Council. The student committee will work with Dave Miller, the organiza- tion's executive director, to help improve student transportation issues, including the lack of stu- dent parking on North and Cen- tral Campus and overcrowding on some University bus routes. "Parking is tight on Central Campus," said Miller. "It's dif- ficult to provide parking for stu- dents, but maybe students have good ideas we haven't thought of." The idea for the committee originated from the Voices of the Staff, an initiative launched in 2005 to get more faculty and staff input on issues like salaries. Faculty say recent newspaper report didn't prompt review By CAITLIN SCHNEIDER Daily StaffReporter Six months after a report in The Ann Arbor News raised several questions about the Michigan Ath- letic Department's student-athlete academic advising practices, a committee of five University fac- ulty members has been created to evaluate whether student-athletes are given unfair treatment during the course selection and counsel- ing process. The Senate Advisory Committee on University Affairs named statis- tics Prof. Ed Rothman chairman of the committee. Dr. Deborah Ber- man of the University Hospital, political science Prof. Edie Gold- enberg, School of Music Prof. Fritz Kaenzig and College of Literature, Science and Arts director of aca- demic services Robert Wallin make up the rest of the group. The members of the commit- tee were chosen in part because of their experience in various aca- demic disciplines. The committee will deliver its findings in a formal report to SACUA this winter. The March Ann Arbor News report suggested that student ath- letes were being steered toward particular classes and professors to help them maintain academic eligi- bility. The veracity of the report was widely questioned. The NCAA didn't conduct an official investiga- tion into the matter. See ATHLETES, Page 7A UN IVE R SI T Y LITIGATION Settlement reached in plane crash suit ANGELACESERE/Daily Students crammed onto a crowded Bursley-Baits bus outside of C.C. Little Sci- . ence Building yesterday afternoon. Overcrowding on some bus routes is one issue the Transportation and Parking Student Advisory Council will address. "It's worked very well to address staff issues, and thought it would be great to have some- thing like this for students," Miller said. Miller hopes to gather sug- gestions and input from students through e-mails, forums and town hall meetings. Miller will co-chair the com- mittee, along with one or two students, while a member of Transit Services and a member of Parking Customer Service will act as advisers. The com- mittee will include eight to 12 students from different schools and colleges. Miller said he expects to select members by October and hold the committee's first meeting shortly after. He said about 20 students have See TRANSPORTATION, Page 7A 'U' cut contract with charter airline after fatal 2007 accident By JACOB SMILOVITZ Daily StaffReporter The University has settled a law- suit filed by Marlin Air, the local charter airline company involved in the Survival Flight crash last year that left six dead, according to documents released prior to Thurs- day's Board of Regents' -monthly meeting. A flight carrying four mem- bers of the University's Survival Flight organ transplant team and two Marlin Air pilots crashed in Lake Michigan on June 4, 2007. It was carrying a pair of lungs to a 50-year-old patient at the Univer- sity Hospital The University terminated its contract with the Belleville-based company a month after the crash, though the contract didn't expire until Sept. 2009. The lawsuit, filed Dec. 5, sought more than $1 million for wrongful termination and an unspecified amount for "irreparable damages" to Marlin Air's business caused by the University's decision to sever ties with the company. The Regents' meeting docu- ments, released Monday, said: "Set- tlement was reached between the parties and the case is concluded." No further details of the settle- ment were included. Katie Vloet, a spokeswoman for the University Health System, acknowledged that a deal had been reached, but wouldn't disclosethe See LAWSUIT, Page 7A TOMORROW'S HI:69 WEATHER LO: 47 GOT A NEWS TIP? Call 734-763-2459 or e-mail news@michigandaily.com and let us know. ON THE DAILY BLOGS Cross country pre-season rankings MICHIGANDAILY.COM/THEGAME INDEX NEWS.................2A CROSSWORD..............6A Vol. CXVIV, No;2 OPINION.... .. ..........4A CLASSIFIEDS.... ..... ..6A m2Oy8rhe ichiganDaily SPORTS.......................... 5A T ESTATEMENT.................1B A 1 4