Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About The daily Nebraskan. ([Lincoln, Neb.) 1901-current | View Entire Issue (Aug. 22, 1979)
Wednesday, august 22, 1979 dally hebraskan pagd 39 HEW to get explanation on NU student loan interest By Dlan Ahdetseii legations by Jack Ritchie, farmer UNL Au Unrtfroi ! "tTtJuhfritvwki, . A letter of reply to the federal Depart ment of Health, Education and Welfare will be sent Within a few dayi, outlining NU's position or charges of misuse of HEW stu dent loan funds by. the1 university, UNL administrators said : Assistant Vice-Chancellor for Business and Finance Robert Lovitt said the response to the letter will determine NU's action regarding repayment of Interest on National Direct Student Loans since 1968. "We still think we weren't wrong Lovitt said. The HEW charges were prompted by al rector or scholarships and financial aids, made In July of 1978. Ritchie said UNL invested Interest collected on NSDL loans in a lump sum with other idle cash funds and channeled the money back into the general university furtds, rather than paying the Interest back into the loan fund accord ing to HEW regulations. Lovitt said NU. including UNO and the University Medical Center, will appeal the charges because "the rules conflict There is rio precedent for this case, he said, because the mistake has never turned tip in an HEW audit. Ritchie had said the amount of- repay ment could be between $200,000 and Beer company facing attacks $500,000. Lovitt said the NSDL Interest. money has been "similarly handled" In about eighty percent of the other Universities he has contacted. ! . "They (HtW) have riever said we did it Intentionally ,rLbvitt said; The controversy is about the propriety of Using the money for the general budget, rather than creating additional student loan furtds with the Interest. ; -; , UNL Chancellor Roy Voung laid.-he r agrees things will start to happen wheit NU receives, the HEW reply. He said It might mean two to three months of Waiting, while Lovitt thought the reply could arrive V Within weeks.' Young said the university business ofV flee Is attempting to determine the amount of interest accumulated on the NDSL loans . ' v ' ' Both Young and Lovitt expressed confi dence that UNL Will have no trouble get ting future loan money from HEW. "In fact, HEW sent us a complimentary letter on our loan program In general," Young said. MI don't think anyone feels we did any thing deliberately wrong," he said. However, Young said the HEW reply to NU's plea of Innocence might "get Us into some litigations.' He said a court settle ment is possible. 4 Anheuser-Busch has come under, attack from three expert nutritionists for "false and deceptive advertising In connection with its campaigns for Budweiser, Natural Light, Busch and Michelob beer. . The conclusions of the three experts on food and nutrition were part of a supple mental memorandum filed last Week by the Federal Trade Commission and Miller Brewing Company. According to the expert testimony, the Anheuser-Busch "natural campaign for Its four beers Is inaccurate, deceives consum ers and Is the kind of abuse of the term that led to the necessity of a proposed rule to end the term '"natural" for food adver tising. "It is Inaccurate and plain deceptive to allow Anheuser-Busch to assert that Its beer is natural, said Dr. George Briggs, Professor of Nutrition and Assistant Dean of the College of Natural Resources ai the University of California. Dr. Briggs added that "there is no reason why the same considerations (Which underlie the "natural" advertising rule for food) should not apply to beer. Dr. Angela Little, food scientist in the Agricultural Experiment station and Pro fessor in food science at the University of California, described Anheuser-Busch as "one of the Worst offenders in the terrri "natural." "In fact, said Dr. Little, "the beer sold to the consumer by Anheuser-Busch is far removed from anything Identified as natural by scientists and consumers. Anheuser-Busch disagrees with the Miller Brewery Company's interpretation of "natural and filed a document with the Federal Trade Commission supporting their advertising claims earlier this summer. t , 11 v&SjF ( i. -JE I o 1 II I 111 I II i I i I II L I I I II i i ii i i i u m ium i . wjt.j . 7-0 lotta-Pri, Bob Hope says, "Helpkeep Red Cross ready." rqjubi nam n rmmm , Full & Self Service Gas Foreign $ Domestic Auto Repair TUne Up Tirei Shocks Batteriei Oil Changs Brakes Air Cotid. Sarvice yd pilmoe Stan Mills, Dealer 17th and Q 475-8619 iss you priwt rsmm, YOUK OWM . . . . it seems like o student never comes up with enough money to cover school expenses and hdve anything left over to just enjoy. If you're one of those people who has to spend too much study time earning school money, read on Air iForce ROTC offers a four, three or two-year scholarship for those who can qualify -The bian pays SlOO o month tor expenses, plus an tuition, book cosh and rob fees While you're working on your degree, you're also working toward a commission in the Air Force . After graduation and commissioning, you'll enter active duty, and discover a whole hew orkj - , ' VbiTlltind challenge, responsibility, d demand for your talents, and o hidj regord for ' whot you re contributing. There more. As on officer in the Air Force youll have an excellent salary with a run siaie oi c-enems. look "w'ro AFROTC scholarships. And while you're at it ask about the Air Force way dt life Vou il discover more than just a way to make your finances come Cut while you're in college. YouH discover o whole new world of opportunity. Call or come by to talk to as about the 2-yesrftgrtm fcoom2Q,M&NBu2iiE2 4724473 ii it- : ui-'s Go tewdy to o greot ivoy of life. - -, .- ' V w u.