The Michigan Daily - michigandaily.com

ZELL
From Page 1A
Tribune Company when he led
a movement to take the compa-
ny private in a deal worth $8.2
billion.
The deal to make the compa-
ny private left the Tribune with
more than $13 million worth of
debt on its books, according to
Reuters. That debt, paired with
an industry-wide decline in
advertising revenue, drove the
company into Chapter 11 bank-
ruptcy, which it has been in for
about a year, according to the
Tribune.
The change in leadership
came just one day after the
company's exclusive right to
file a reorganization plan in its
Chapter 11 case was extended
by a U.S. Bankruptcy Court
judge in Delaware until Feb.
28.
Zell and his late business
partner Robert Lurie began
their real estate investment
careers and partnership during
their time at the University.
"They began buying in apart-
ment buildings and they start-
ed it and they became student
landlords," said Jerry May, the
University's vice president for
development.
Zell and Lurie continued to
invest in properties across the
Midwest, eventually moving to
Chicago where they founded
Equity Group Investments.
May said Zell - a graduate
of the College of Literature,
Science and the Arts, the Law
School and the Business School
- has continued to maintain
close ties to the University
throughout his rise on the cor-
porate ladder.
Zell founded, through a $10

million gift, the Samuel Zell
and Robert H. Lurie Institute
for Entrepreneurial Studies
at the University's business
school. He also established the
Sam Zell Dean's Tactical Fund
at the Law School.
May said Zell has been more
actively involved with the Uni-
versity than the typical donor,
serving on the president's advi-
sory board and coming back to
the University to speak to stu-
dents year after year.
In addition, Zell and his wife
Helen were honorary co-chairs
of the Michigan Difference
Campaign, which raised $3.2
billion for the University - the
most of any campaign by a pub-
lic university to date.
"For some organizations
(being an honorary co-chair)
can be kind of a passive role,
if anything (the Zells) are not
passive - they are great sup-
porters and leaders at the Uni-
versity," May said. "It's a really
deep commitment that they
have to the University."
May, who described Zell as
"a really cool guy," said he isn't
shy about offering advice to
University administrators.
"Anybody that's interacted
with Sam knows that Sam is
one of the most straightforward
leaders that you will ever find,"
May said. "He's a very exciting
executive to watch."
May said he couldn't com-
ment on how Zell's decision to
step down as CEO of the Tri-
bune Company will affect his
relationship with the Univer-
sity.
"I don't deal with Sam in that
particular realm," he said. "He
and Helen have been among
the most tremendous leaders at
Michigan and I know that will
continue."

PROMISE
Fror Page 1A
said Raymond, who also sits on the
Division of Student Affairs Advisory
Board.
According to E. Royster Harper,
vice president for Student Affairs, her
office was willing to pay for the bus so
that students could voice their con-
cerns about the state's cuts to higher
education and financial aid - specifi-
cally the Promise Scholarship.
"We often help students as they
work to have their voices heard in
critical debates that affect them
directly, including the current dis-
cussion about the Michigan Promise
Scholarship program," Harper wrote
in an e-mail to The Michigan Daily.
The University and student groups
also worked together in producing
videos to be sent to state legislators,
in which about 35 students who were
eligible for the Promise Scholarship
told their stories of how the elimina-
tion of the scholarship affects them
and their families.
The Office of the Vice President
for Communications offered to pay
for the videographer and to edit and
"professionalize" the videos to be
sent to legislators, while MSA and
LSA Student Government organized
and facilitated the actual production
of the videos, accordingto Raymond.
"We decided this video would be
a great way of combining University
and student resources to really have
an effective way of lobbying legisla-
tors," Raymond said.
UNIVERSITYINTERESTS
University administrators also
have a vested interest in having the
Promise Scholarship reinstated, as
the University has vowed to fill the
tuition gap left by the program's elim-
ination for students with demonstrat-
ed financial need, Raymond said.

"It's essentially going to cost the
University money if it doesn't come
back," he said.
The University has said that this
year,it willprovide extrafinancial aid
to 1,984 students - those for whom
the scholarship would have gone
toward demonstrated financial need
- out of thetotal 6,172 University stu-
dents eligible for the grants.
This amount totals to $2.3 million,
and is being paid by federal stimulus
money allocated to the University for
this academic year, according to Cyn-
thia Wilbanks, vice president for Gov-
ernment Relations forthe University.
"For those students who did have
the Promise, who are notgoingto get
it this year, their need remains; so
we made the commitment and we're
keeping the commitment to those
students," Wilbanks said.
While stimulus funds can serve as
a Band-Aid this year, the elimination
of the Promise Scholarship and other
financial aid and scholarships from
the state like the Michigan Competi-
tive Scholarship could make creating
the budget for the 2011 fiscal year
more of a struggle for the University,
Wilbanks said.
"It may create a challenge because
it's funding that, right now, we have
to identify in the budget process,"
Wilbanks said.
But the University cannot predict
what the legislature will do for the
state's 2011 fiscal year budget Wil-
banks said, and as such, does not
know the exact implications the elim-
ination of the Promise Scholarship
will have on next year's expenditures
for the University.
In addition to the University's
efforts in facilitating students' com-
municationwithMichiganlegislators,
the Office for Government Relations
has been corresponding with mem-
bers of the legislature, in collabora-
tion with other colleges in the state,
to stress the importance of the Prom-
ise Scholarship for students.

However, their efforts have not yet
been successful in convincing legisla-
tors to restore the scholarship, Wil-
banks said.
While the University clearly has
some interests on the line, Wil-
banks said the issue is ultimately one
between the students and the state
government, which is why the Univer-
sity has been aiding students in getting
their message across tolegislators.
"What we did was to help to facili-
tate students who own this issue,"
Wilbanks said.
OTHER SCHOOLS' EFFORTS
The University stands in the mid-
dle of the spectrum in terms of what
other state universities are doing to
make up those missing funds for stu-
dents.
Michigan State University is cov-
ering the funds for all 8,200 students
who were eligible for the scholarship
for the fall semester - not just those
with demonstrated need as the Uni-
versity did, according to Val Meyers,
associate financial aid director at
MSU. However, MSU is only covering
the scholarship amount for those stu-
dents who demonstrate need for the
spring semester, Meyers said.
"Michigan State has replaced the
scholarship awards for many of our
students," Meyers said. "So that was
our focus rather than concentrating
solely on our legislature."
This replacement of the scholar-
ship money will cost MSU $8 million
this year, which the school is also
funding through the federal stimulus
money, according to Meyers.
EasternMichiganUniversityisonly
providing those funds for just over
300 students who "demonstrate the
highest need," said Bernise Linbke,
vice president of Student Affairs and
Enrollment Management at EMU.
Additional funds may be allocated
to students on a case-by-case basis,
and may come in the form of addi-

Thursday, December 3, 2009 - 7A
tional work-study opportunities or
loans, Linbke said.
Wayne State University has been
working with administrations at other
universities to communicate with
legislators, specifically members of
the Higher Education Appropriations
Committees in each chamber, to con-
vince them of how essential the schol-
arship is for its 3,000 students who are
eligible for the scholarship this year,
Greg Bird, director of State Relations
for Wayne State University, said.
"Many in the legislature talk about
the importance of education, but
we've seen over the past few years
their words notmatch up; their action
not match up with that rhetoric," Bird
said. "So it's important to let them
know that this scholarship and any
financial aid programming they've
been cutting is very important."
Wayne State is covering the funds
for all of its students who are eligi-
ble for the Promise Scholarship for
this year, which totals $1.4 million,
according to Bird.
But Bird said if the Promise Schol-
arship is not restored next year, stu-
dents will no longer receive that
credit in funds from the university.
"Unfortunately, universities, just
like families across the state, have
come across difficult economic times
and the legislature has not only cut
funding for scholarships like the
Promise, but they've cut funding for
universities," he said.
Wilbanks said that while the vari-
ous university officials and students
are trying to galvanize support forthe
program, history is notonctheir side.
"We certainly did our work in talk-
ing with legislators about the impor-
tance of the grants, but at the end of the
daythevotespassed inboththe House
andSenateinthehigher educationbud-
get that did not include the funds," she
said. "And there's some days the efforts
of 15 universities can work miracles;
this year, the decisions were made to go
in a differentdirection."

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Beds Location Rent
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For Friday, Dec. 4, 2009
ARIES
(March 21 to April 19)
Today is the perfect day to make long-
range travel plans, or plans about any-
thing having to do with higher education
and further training. You know what you
want and you have the patience to wade
through the details to make it happen.
TAURUS
(April 20 to May 20)
Focus on shared property, insurance
matters, inheritancesand how to invest
money in secure ways. It's a good day
for financial planning.
GEMINI
(May 21to June 20)
Discussions with partners and close
friends will be very profitable and pro-
ductive today. Both parties are willing to
consider whatever affects your long-
range future.
CANCER
(June 21 to July 22)
On your job today, choose work that
requires attention to detail. You'll find it
easy to focus today, and you won't mind
doing routine stuff.
LEO
(July 23 to Aug. 22)
This is an excellent day for parents
and teachers to discuss the education,
care and maintenance of children.
You're interested in their long-range
future right now. (A good day to plan a
party as well.)
VIRGO
(Aug. 23 to Sept. 22)
Get active with plans to make where
you live look more attractive. Discush
renovations or decorating ideas with oth-
ers. In fact, all fatally discussions will he
quite productive today. (A guod day for
real estate deals.)
LIBRA
(Sept. 23 to Oct. 22)
Business transactions will go well
today. You have a positive attitude, and

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SCORPIO
(Oct. 23 to Nov. 21)
Financial transactions and business
discussions will go well today.
Everything having to do with business
and commerce is favored. People are
sensible and practical today.
SAGITTARIUS
(Nov. 22 to Dec. 21)
You have a positive attitude toward
whatever duties and obligations you face
today. You're not worried about work.
You just want results. (It's easy to be dis-
ciplined today.)
CAPRICORN
(Dec. 22to Jan. 19)
You'll get a lot done if you're working
alone or behind the scenes today. In fact,
you'll enjoy plugging away at some-
thing.
AQUARIUS
(Jan. 20 to Feb. 18)
Group standards will be important to
you today. You want to fit in, and you
want to be viewed as sensible. You want
to be an asset tothe group.
PISCES
(Feb. 19to March 20)
You're serious enough about your
goals today that self-denial will not be a
problem. You will give up pleasure today
for results tomorrow.
YOU BORN TODAY You're
extremely courageous. This allows you
to be relentless in pursuing your passions
and objectives in life. Certainly, discom-
fort and obstacles will never detereyou.
to fact, yasir determination can be so
intense, it can make others quake in their
boots. You're very quick to size people
up. Your year ahead is full of fresh, new
beginnings. Open any door!
Birthdate of: Jeff Bridges, actor;
Rainer Maria Rilke, poet; Anna
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c 2009 King Features Syndicate, Inc.

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