Vote today...
Polling places:
•Learned Hall •Wescoe Beach •Watson Library •Kansas Union
•Burge Union •Summerfield Hall Lindley Hall •8 a.m.-4:30 p.m. today and tomorrow
THE UNIVERSITY DAILY KANSAN
VOL.100, NO.129
T THE STUDENT NEWSPAF OF THE T UNIVERSITY OF KANASAS
(USPS 650-640)
THURSDAY, APRIL 12, 1990
ADVERTISING: 864-4358
NEWS: 864-4810
Protesters descend on Strong
Budig outlines steps to end racial discord
By Eric Gorski and Jonathan Plummer Kansan staff writers
Chancellor Gene A. Budig spoke in a packed Strong Hall rotunda yesterday after about 80 students who were upset about the racial climate at KU marched to the administrative offices and demanded action.
Budig, who was attending meetings at the University of Kansas Medical Center in Kansas City, Kan., returned to Lawrence when he learned about the protest. He arrived at Strong about 4 p.m.
'Today, I offer the institution's apology to Ann Dean. I have asked the executive vice chancellor to take appropriate action, remembering the
Cruising into the '90s
First day voters turn out in force
By Matt Taylor Kansan staff writer
Poll workers reported heavy turnouts yesterday during the first day of Student Senate elections, and some students complained that fliers were distributed too close to polling places.
Financing options aplenty
Eleanor Macnish, Senate Election Committee chairman, said 2,521 students voted yesterday. Last year a total of 2,575 ballots were cast.
bv John Wesley Denton
Some tables were running out of
hollots for student seminars, asked
There are several ways to finance a car loan.
Some of the sources available are through car companies, such as GMAC, Ford Motor Credit and Chrysler Credit Association.
These companies offer special deals to students and first-time car buyers, such as deferred payments and lower rates.
Car companies will offer lower rates or defer payments until a student has graduated," Steve Benz, Consumer Loan Officer for Capital Federal Savings and Loan Association, said.
and both owners. However, these companies will only finance cars which are purchased from a dealer. A person buying a car through an individual would need to use other sources.
other sources Banks and savings and loans associations are two good sources for financing a car loan. However, banks and savings and loans are hesitant when it comes to making car loans.
These loans are risky and the banks and savings and loans are acting as
a third party; therefore their rates will be higher than car company rates, Benz said.
said. "Car companies have full-recourse, whereas banks and savings and loans do not." Benz said.
Full-recourse allows a car company to repossess a car without giving notice to the purchaser when a loan has gone bad. Banks and savings and loans are required to give notice.
are read. The process usually takes 60 days, according to Benz.
"We loan more on customer's background than the value of the car."
Kansas National Bank and Trust Company offers a four-to-five year installment loan. Kansas National requires 15-20 percent down for used cars and 10 percent for new. They will loan 80-85 percent of the value of a used car and 90 percent for a new car. Kansas National qualification requirement for an applicant is employment with a steady income.
Because each bank and savings and loan association has different policies and rates in regard to the car loans, a student should shop around for loans.
Steven A. Rezin, vice president of Kansas National Bank and Trust Company, said. "The capability to pay back the loan is important to us," Rezin said.
-Steven Rezin
vice president
Kansas National
Bank and Trust
Company
"We loan more on a customer's background than the value of the car...The capability to pay back the loan is important to us."
Capitol Federal Savings and Loan Association also offers four-and-five year loans. On a new car they will loan 80 percent of the dealer's sale invoice. On a used car, Capitol Federal will loan 90 percent of the value of the car, value based on the N.A.D.A. (National Automobile Dealers Association) official used car guide.
One of Capitol Federal's qualifications for applicants is that the customer is an established customer with Capitol Federal.
"We require that customers have established accounts with us," Joe Morley, vice president of Capitol Federal Savings and Loans Association, said.
"We require that an applicant has been employed for at least three months, and that income comes from employment," Morley said.
An application is reviewed by a consumer loan officer, a credit history report is made before a loan is approved. Morley said.
A credit report is obtained by banks and savings and loans through the Kansas City Credit Bureau. "Good credit is important to an applicant for a car loan.
"Both banks and savings and loans review a credit history carefully," Benz said.
Have your car serviced regularly at
Byron's Autohaus
906 Vermont
841-5099
0 KANSAN April 11, 1990
1224 E.23rd
ks for student senators, said
Morris, student body vice
dent.
lent Senate Elections
lent Senate Elections
lent Senate Elections
Printing Services had to more ballots because of the turnout, said Linda Weeks, her service consultant. She that to her knowledge, the he had never had to printional ballots during an elec-
more Macnish, chairman of the Election Committee, said allots for residents-at-large gone by 12:30 p.m. All the a's for non-traditional, law, int-at-large and engineering were gone by 3 p.m. s'great news," Macnish said. we are actually standing in vote."
rural campaigners distribliterature near Watsony, Wesco Hall and the s Union, Richard Parker Jan Simon, Senate candidaid said they had been handing in for several hours in front sons.
ne people just laugh a little they walk past us," Simon 'One person said he already of our飞艇.'
st stay ash says
later also said that during last Washington visit by Soviet Minister Eduard Shevardn the Soviets indicated that a firmny does not necessarily be neutral, but there was no as to what this would
ously the Soviets had insisted tral Germany.
later raised the possibility of a summit meeting later in the discuss Germany and theanging role of NATO.
chadze, in a magazine artihe published next month, d interest in dual NATO- Pact membership for a erny.
House independence
he had urged Bush to extend recognition of Landsberg's ent, one step short of formal on.
net for more than an hour tunic-American representers of Lithuania, Estonia,avia, which were forcibly into the Soviet Union in
of the group said they a seeking a meeting with January, recognizing that one looming in Lithuania's code from the Soviet Union once its refusal to let it go.
said that the mere fact met with them would be Baltic states as a positive