University Daily Kansan, September 9, 1980
Page 5
Shankel
From page 1
of Health Sciences in Kansas City, Kan., had strengthened both campuses and would continue to encourage the joint relationship.
BU KALSO IS RESPOWNABLE for off-campus education in Leavenworth, Johnson, Wyandotte, Douglas and several other counties in northern Kansas, Shankel said, and these students will be offered theened decline in KU enrollment as well as allow students to enroll who normally would not.
He said that although enrollment at KU had increased by 162 students this semester, the University still had to be concerned with the possibility of future decreases.
"I'm especially delighted it didn't happen this year," Shankel said.
FACULTY MEMBERS at the meeting expressed concern not only about decreasing enrollment, but also faculty salaries, the creeping administrative bureaucracy, acquisition of funding for research projects and library purchases and charges that the University was not being run in an economical and businesslike fashion.
Ernest Angino, SenEx member and geology professor, said the University should evaluate the effect of state statutes on business affairs of the University. He said it seemed as if the "accounting and business affairs were there to trip us up."
Shankel said the problems were not intentional and raised the possibility of a study group to look into the bureaucracy to see whether improvements could be made.
George Worth, SenEx chairman, said he was generally pleased with the acting chancellor's performance.
"I would have been happier about a somewhat stronger statement about the freedom of expression."
He said he thought Shankel did not make a stronger statement because he was still formulating thoughts about the issue.
SHANKEL SAID HE had devised "Nine Commandments" or "great expectations" for the University administration for the coming and presented them to administrators at a retreat.
The expectations include having an "open administration" in which administrators can share ideas, administrators always acting in the best interests of the University, continuing policies and procedures established by former chancellors, and responding to requests for information or advice thoroughly and thoughtfully.
Attendance at the special session of the University Senate was the highest since the 1989-74 meetings called by former chancellor E. Larsen, during the unrest at the University, Schalkel said.
THE FEDERAL GOVERNMENT has taken steps to make the student loan program more attractive to banks, Watson said, but he did not think his bank to become involved in the program.
From page 1
Loans
The Douglas County Bank, Ninth and Kentucky streets, ended its student loan program because the loans tied up bank assets for long periods of time, said Jean Baker, assistant vice president. This diminished the bank's ability to extend loans to the community, she said.
With the prime lending rate wavering at 12 percent, Victor Johnson, vice president of the University State Bank, 955 Iowa St., said there would be a "slow business on 7 percent guaranteed student loans."
A guaranteed loan is a long-term loan and has a fixed yearly interest rate Rogers said.
The federal government also pays a bonus interest rate to bring the total interest rate of the student loan near the prime interest rate, he said.
EVEN WITH THE bonus interest rate, banks have on student loans, Johnson said. The combined bonus interest rate and standard 7 interest rate are both the same. An is still below the prime interest rate, he said.
Contrary to what is happening in Lawrence, the guaranteed student loan program is ex-
periendo a surge in popularity in other parts of Kansas and across the nation, said Dyce Bonham, regional director for the Higher Education Assistant Foundation. The foundation is a not-for-profit organization that makes federally guaranteed loans available to students through the Higher Education Loan Program, he said.
"Three hundred and seventy-four banks in Kansas are in the student loan program," Bonham said.
Bonham said the foundation signed Anchor Savings Association to fill the void in student loan services in Lawrence.
"I'm sorry other Lawrence banks haven't responded to the need in their area," he said.
THE NEED IN Lawrence, so far, is close to 4,000, according to Rogers. That many KU students have received guaranteed student loans, he said.
Last year, 60 percent of KU students obtained their loans through HELP after failing to find a lending institution or being turned down by inference and participating in the GSL program. Rogers said.
HELP is a "bender of last resort," Rogers said. Because HELP does not want to compete with banks, a student must get a written denial from a leading institution before applying to HELP, he said.
The University State Bank services students in this manner. The bank regularly denies students guaranteed loans so that they may apply to HELP, Johnson said.
BONHAM ALSO SAID that more financial institutions are getting in the HELP guaranteed loan program.
"The national trend is way up," he said. "Banks in Ohio increased their student loans two-and-half to three times over last year."
Boham said that the Manhattan Bank had extended loan loans to Kansas and Oklahoma students this academic year.
"The yield on student loans is comparable to other consumer bank loans," he said.
Bonham said that student loans did not burden staffs with administrative tasks.
BONHAM SAID another incentive for lending institutions to join the loan program was that the loan program provided a means of serving the community directly.
However, even though Lawrence banks are not involved in the guaranteed student loan program, all accept loan applications from students.
Loans are considered on an individual basis, but the ability of the student to repay the loan is a major consideration, Johnson said.
PSYCH CLUB
- FILMS - FIELD TRIPS - GRADUATE SCHOOL INFO. - GUEST SPEAKERS - B.A. JOB INFO.
FIRST MEETING
SEPT. 9, 1980
4:30 pm Rm. 4 FRAser
FUNDED BY STUDENT ACTIVITY FEE
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9MPORTS
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1545 N 3
Welcome Back KU Students
For quality import car repair,
talk to Pat, our certified mechanic
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843-8322
Spirit Squad and Mike Person AUDITIONS
Informational Meeting Monday, Sept.15, 5 p.m. Allen Field House
Clinics Monday, Tuesday, Wednesday Sept. 15, 16, 17, 5 p.m.
Tryouts Thursday, Sept. 18
All requirements for the spirit squad, mike person will be explained at the meeting September 15. No previous experience necessary. Minorities encouraged to participate.
Beginner's Night
September 11
6-9 p.m.
Satellite Union
Backgammon, Bridge,
Chess, and Scrabble
COME AND LEARN TO PLAY OR TEACH OTHERS TO PLAY!!
P.M. Specials Till 6:00
3 games/person $2.00
Bowling - Billiards
Amusement Machines
Cold Beer
Join A Full
Fall 1980 Leagues
Monday 6:30 Dormitory
Tuesday 6:30 All Star Scratch
Wednesday 1:00 K.U. Ladies
6:15 All Campus
All Leagues Start The week of Monday, Sept. 8
Join A Fall League NOW
8:30 Greek
Thursday 6:30 Guys & Dolls
Friday 4:00 TGIF
Sunday 7:00 Faculty Mixed (Alt. Sundays)
Hours
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Mon. Tues. Thurs., 8:30-10:00 PM
Wed. & Fri. 8:30-11:00 PM
Sat. & Sun. 1:00 PM-11:00 PM
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Since it's been brought-up, we invite your comparison of the following (we called and found):
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