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Tuesday, August 26, 1986 / University Daily Kansan
Bank drops loan program for students
By a Kansan reporter
Students who in the past obtained Guaranteed Student Loans from Lawrence National Bank, 647 Massachusetts St. will have to look elsewhere for loans
In June, bank officials decided not to offer any more student loans, Virginia Wilson, assistant cashier, said Friday.
Bank officials looked at the loan demand in the community and the return on bank investments to determine where to invest money, she said. They considered many factors and decided to invest the money in other projects.
The withdrawal from the program is temporary, she said, and the bank may rejoin the program next fall.
However, another local lending institution, Capitol Federal Savings and Loan Association, 1025 Iowa St., has joined the student loan program within the last year.
Capitol Federal, which has 20 of fices in Kansas, entered into the GSL program late last fall, said Russ Wiglesworth, bank vice president.
The offices gave out 509 loans between July 1 and Aug. 19 of this year, he said. Not all of those went to KU students.
Wiglesworth said first-time borrowers were charged 8 percent interest, but those who took out loans earlier paid the same rate that they paid on the first loan, which might have been 9 percent or 7 percent.
A Honda Spree moped, valued at $500, was taken from a house in the 300 block of Elm Street about midnight Sunday.
A tool box containing various hand tools, valued at $300, was taken from a truck parked in the 200 block of North Michigan Street between 11 p.m. Saturday and 8 a.m. Sunday.
On the Record
■ A 1982 motorcycle, valued at $1.495, was taken from a house in the 900 block of West 29th Terrace between midnight Saturday and 6:45 a.m. Sunday.
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Stauffer-Flint Hall
864-4358
Radio tower site causes stir
oy PAM MILLER
Staff writer
A couple of clowns were walking around Lawrence and the KU campus yesterday.
But they weren't clowning around. They were serious.
Barbara Cochran/KANSAN
Pauline Beatty and Jim Woods, dressed as clowns, protest the future installment of a radio transmission tower at Topeka's Forbes Air Field. They were protesting between Wescoe and Stauffer-Flint halls yesterday.
In another part of town, a radio station vice president sat in his office, and he, too, was serious.
and he, too, was schooled.
The clowns and the vice president
represent opposite sides of a
contradiction.
The clowns were Topeka residents, Jim Woods and Pauline Beatty, who protested the future installment of a radio transmission tower close to Topeka's Forbes Air Field.
Woods and Beatty walked up and down Massachusetts Street and between Wescoe Hall and the Kansas Union yesterday trying to increase awareness of the situation.
They said they were concerned that the tower, when built, would be too close to the Forbes Air Field and would endanger airplanes taking off and landing.
Scott Davis, vice president of KHUM-FM of Ottawa, the station that wants to build the tower, spoke from his Lawrence office yesterday.
"The Federal Aviation Administration, the agency that regulates air safety, told us that this site was safe," Davis said. "We submitted another independent investigation, and it was determined again that everything is safe."
"The location is nine nautical miles away from the field, near Overbrook. The only adjustment that pilots would have to make is a 200-foot adjustment on an instrumental landing approach."
But the protesters do not agree.
"From our viewpoint, we can't see why it was put there in the first place," Beatty said. "Our guess is that the FAA approved the location before the carrier, United Airlines, was put in at Forbes Field. But they had to know that eventually there would be a carrier there."
United Airlines and five other Kansas organizations are protesting the location of the tower, according to Wood's flier.
"We're not asking that they not put
up the tower, we just want them to relocate it." Woods said.
However, Davis said relocating the tower wouldn't be easy.
"We would have to go through the review all over again" he said. "We looked at a number of sites that would work well to serve the Topeka and Lawrence area. The FAA said this site was safe. I'm only acting on the advice of the FAA."
Woods said he hoped the protesting organizations would be able to convince the FAA to reconsider.
The radio station has to wait to install the tower until the Federal Communications Commission approves its use. Davis expects the approval soon.
If for some reason the FAA reconsidered and said the area wasn't safe, Davis said. "We would change it in a heartbeat. We would drop back and punt. But look at KCI, it's in a major metropolitan area with tall buildings. This site is safe."
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