Page 8 University Daily Kansan Tuesday, Oct. 4, 1955
Student Loans Reach New High In September
Loans made to University students reached a new high during the month of September, Irvin Youngberg, executive secretary of the Endowment Association, said today.
From the various funds 318 students borrowed $32,406.83. In September of 1954 the figures were 23 loans for $26,061.11. Repayments or old loans during September were 7,199.67.
Several factors entered into the 37 percent increase in number of loans and 25 percent increase in dollar value, Mr. Youngberg said. One is the growth in available resources from which loans can be made. Several loan fund gifts were received during the past year.
On the student demand side are a larger student body, some gain in the number of veterans whose first checks will not be received until in November, the drought, and resulting poor crops in many parts of the state.
Nearly three-fourths of the September loans were long term, Mr. Youngberg estimated. These are repayable after graduation, usually. Short term loans are those for 60 days or less covering emergency situations.
Most loans are made at the rate of $21\frac{1}{2}$ percent per annum. Monthly or other periodic payment plans are worked out for the long term loans. The maximum loan to an undergraduate is $600. Graduate and medical students may borrow more. Juniors, seniors and graduate students borrow most frequently.
Mr. Youngberg described the repayment record as continuing to be excellent but that most graduates cannot reduce their indebtedness substantially until a year or two after graduation.
Players To Hold Picnic
The University Players will hold a picnic at 4 p.m. Friday in Clinton Park. Those going should sign the list in the basement of Green Hall. The charge for guests is 50 cents.
Debate Set For Oct.29
An intramural debate tournament will be held in Green Hall Saturday, Oct. 29.
The names of team members must be given to Dr. Kim Giffin, associate professor of speech, 5 Green, before Thursday, Oct. 20.
There are two persons on each team, and they must be able to debate either side of the topic. "Resolved, that the non-agricultural industries should guarantee their employees an annual wage." Each debater will speak for ten minutes with an additional five minutes for rebuttal.
Any undergraduate is eligible. There are divisions for men and women.
Teams will draw for bracket positions at 7:45 a.m. Oct. 29, and the bracket will be posted in the basement of Green. The first round begins at 8 a.m.
The finals for each division will be in Green Hall at 7 p.m., Thursday, Nov. 3.
Trophies will be awarded winners.
ISA Plans Contest For 'Biggest Bum'
The Independent Students' Association began planning for a "Biggest Bum on Campus" contest and a Bums' Ball last night. Voters will donate pennies to charity.
The last contest two years ago, was won by John Ise, professor of economics.
Girls' Drill Team to Hold Tryouts
Tryouts for the girls' AFROTC drill team will begin at 7 p.m. tomorrow in the lounge of the Military Science Building.
The team, called the Angel's Flight, was formed two years ago. Cadet 1st Lt. Robert Jackson is squadron commander, and Cadet 1st Lt. Kent Melton is squadron adjutant.
Plans are being made for precision drilling at the American Royal, between the halves of basketball games, the military ball, federal reviews at the University, and parades in Lawrence and Topeka.
Other plans include the production of a 15-minute color sound film of the Angels' Flight and the AFROTC drill team. The film will be shown for television shows and high school lecture tours in Kansas and Missouri.
In the past, the girls' drill team has appeared in Wellington, Wichita, the University of Oklahoma at Norman, and on station WIBW-TV.
Correction
The Kansan incorrectly stated that the German Club would meet tomorrow.
It will meet at 5 p.m. Thursday in 502 Fraser.
UVO Elects Officers
James D. Atkinson, Mission junior, was elected president of the University Veterans' Organization last night. Other officers are Luther L. Hoell, Beaumont, Tex., sophomore, vice president; Kenneth P. Gibbons, Scranton, Pa., senior, secretary, and Lowell Heinz, Kansas City, Mo., sophomore treasurer. A smoker followed the meeting.
More than one-fifth of the 1,212 million bushels of wheat in storage in the United States April 1, 1955, was stored in Kansas.
The University is one of seven sites for a 1956 exhibition of the European art group, Zen 49.
Art Group To Visit Campus
The show will include the works of 22 European artists who are against representational art and geometrical abstraction. They chose the name Zen because there is a parallel between their aims and the aims of Zen Buddhism. The date '49 was added to show that there was no orientalism or mystical intention.
The traveling exhibit will open at Ohio Wesleyan University in March. It will go to Ohio State University, the Cincinnati Art
Museum, Ball State Teachers College, Muncie, Ind., Washinga University at St. Louis, Stephens College and will arrive at KU in December.
Beware The Cow!
UNITY, Me. (UP)—Edward Ryan of Lynn, Mass., driving through Maine on the first day of his vacation, stopped to admire a young heifer staked out in a field. When he attempted a friendly pat, the heifer shied away and Ryan tripted on the stake. He suffered a broken arm . . . spent the rest of his vacation in bed.
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