8 Tuesday, March 8, 1994 Henry T'S Bar&Grill 749- 2999 Tues Specials 6th & Kasold 2 for 1 Burgers (after 6 pm) $200 Gustos of Bud or Bud Light Wed Specials 15¢ Wings (after 6 pm) $1 $^{50}$ Domestic Bottles Catch All of the Action of ESPN2 at Henry T's Step up to the top of the hill for every thing you'll need for that walk down the Hill! Pre-commencement Open House Monday, Tuesday & Wednesday March 7,8&9,1994 10:00 am - 4:00 pm 10:00 am- 4:00 pm Jayhawk Bookstore 1420 Crescent Road 843-3826 NATION/WORLD UNIVERSITY DAILY KANSAN Students mired in loan debts New grads must pay average of $7,900 back The Associated Press WASHINGTON — Hillary Wicali has her dream job as a television reporter, but she can't afford the clothes that make her look professional on the air. She's trying to pay off "an enormous debt, probably $20,000 or $21,000" for the year at Northwestern University's Medill School of Journalism that helped her land the job. And that's on a novice newsperson's salary of $16,000 a year. "All my clothes are gifts," says Wicai, who works for LWFI in West Lafayette, Ind. "Every single thing I have for work was given to me. My mother, my grandmother — they shop for me for bargains." Millions of today's students must smirk when, studying Shakespeare, they come across Polonius' advice to his son Laertes, "Neither a borrower or a lender be." If they weren't borrowers, they wouldn't in college be. And after they get out, their debts can influence the course of their lives. One study found that many graduates in debt postpone marriage, delay having a family, hold down two jobs and even put off medical care. Much attention has been paid to college borrowers who default, but relatively little to the impact of indebtedness on the 12.5 million who month after month, pay off their loans. Collectively they owe $41.9 billion. "There are students who would like to take a couple of years of their life and go to work in the nonprofit sector, and return something to their country before they must on with their career," said Victor Lindquist, director of placement at Northwestern. "But they feel they are unable to do that and still meet their financial obligations. The clock begins ticking once you graduate." For a variety of reasons — college tuitions have soared, more people of all incomes are enrolling and there are more loan programs available — more students are leaving school in debt. In many schools, 70 percent of the student body must borrow. One survey said that the average undergraduate borrower carried away a $7,900 debt. those who also borrowed for an advanced degree owed $31,100. As a step toward relieving these problems, Congress reformed federal student loan programs last year. President Bill Clinton said recently that the change will give students "the choice of repaying loans as a small percentage of income over time, which is a big deal for young people who know they want to do things that are personally rewarding but don't pay very much. It will decrease the debt burden that crushes too many of those people and discourages them from spending a few years in lower-paying jobs." Ransom too high, 'Scream' stays stolen The Associated Press OSLO, Norway — The National Gallery has been given until today to pay a $1.1 million ransom for the stolen masterwork "The Scream" but museum representatives said it will not meet the deadline. The painting by Edvard Munch is Norway's most famous painting. It was taken from the museum Feb. 12. Tor Erling Staff, lawyer who claims to represent people holding painting, delivered the deadline to the museum but withdrew from negotiations because no progress was being made, the national agency NTB said. Museum director Jens Kristian Thune said yesterday the demand was too high and the deadline too soon. If those terms are maintained, "then the door is closed," he said. TOPEKA — Paperwork delayed the appointments of Senate members to a conference committee on the death penalty yesterday, postponing the panel's first negotiating session until tomorrow or later. The House named its three members last Thursday, but the report asking the Senate for a conference on the capital punishment bill didn't arrive in the Senate until it was too late to handle during the Senate's brief session yesterday. Thune said that Staff had refused to provide proof he was representing people who actually had the painting. The Associated Press People linked to Norway's militant anti-abortion movement have said the painting could be returned if certain conditions were met. But police are skeptical about their claims. State Sen. Jerry Moran, D-Hays, chairman of the Senate Judiciary Committee, said Senate members would be appointed today. They will be Moran, Parkinson, R Olthea and Mayer Petty, D-Tonkin Death penalty conference, Senate appointment delayed The House had named Graeber, chairman of the House Federal and State Affairs Committee which handled the bill in the House; State Rep. Michael O'Neal, R-Hutchinson, and State Rep. Robert Krebiel, D-Pretty Prairie, so its conference committee members. State Rep. Clyde Graeber, R-Leavenworth, chairman of the conference committee, said he wants to convene the six-member panel as soon as all its members can set a meeting time. At issue for the committee is how broad the bill should be. The House version would make the death penalty an alternative punishment to life in prison for all premeditated first-degree murders, plus a list of other unintentional murders. The Senate version would impose capital punishment only for seven select types of murder, including murder relating to kidnapping and certain sex crimes, multiple murders and the murders of inmates and law enforcement officers. Senators said that their very limited bill is the only thing that could pass that body. "The Anytime Line of credit from Commerce Bank can help you afford home improvements, college tuition, a dream vacation - even a car. It's a personal revolving line of credit secured by a second mortgage that lets you put your home equity to work whenever you want it. You can borrow from $10,000 to $200,000 or more depending on your current equity and eligibility. And because it's tied to your home equity, the interest on an Anytime Line of credit is often tax-deductible. That's a real advantage over consumer loans when you're considering the purchase of a big-ticket item. Call or stop by your nearest Commerce Bank and ask for our free worksheet to figure your potential Anytime Line of credit. And learn why so many people count on Commerce's Anytime Line to turn their home-equity into cash. It's top performance banking. Consult a tax adviser regarding the deductibility of interest. "The Anytime Line helps you afford the things you've always wanted." Deborah E Kurtz DEBORAH KURTZ BRANCH MANAGER 955 IOWA Lawrence 865-4700 955 Iowa 23rd Street (in Dillows) 6th Street (in Dillows) Count on Commerce Commerce Bank (Formerly The Bank of Kansas) Do they have the answers - 9145D Donahue? Oprah? Geraldo? Montel Williams? ITHINKNOT! "We have become a nation of talk shows. We debate the issues over and over again and yet find no solutions." Mrs. Hak Ja Han Moon At a time when all the world is in turmoil many people have chosen to focus on their own security and prosperity instead of being concerned with the welfare of others. Not so with the Rev. and Mrs. Sun Myung Moon. Throughout their lives they have sacrificed themselves and their family for the sake of bringing a message of hope to people throughout the world They are not just talking about our problems, but doing something. Last year, they spoke in over 291 locations throughout "True Parents and the Completed Testament Era." Atalk by IN JIN MOON daughter of Rev. Sun Myung Moon. Time: 7:00pm Where: Kansas Union Big 8 Room Call749-2330 for more info. (sponsored by Unification Campus Ministry and C.A.R.P.) 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100