Wednesday, March 3, 1982
Daily Nebraskan
page 3
Graduates and professionals
hit hardest by budget cuts
f
OPENING MARCH 6th
By Duane Retzlaff
' UNL Graduate and professional stu
dents will be especially hard-hit by propos
ed federal budget reductions in educational
aid, Alan Frank, associate dean of the Law
College, said.
In a meeting of 17 people in the Law
College Tuesday, Frank said if guaranteed
student loans (GSL) to graduate and pro
fessional students were eliminated, law stu
dents at UNL would have to pay a high
price to continue studies.
Frank said cuts to graduate students
could discourage prospective lower income
students.
"Affirmative action programs could be
out the window," Frank said.
Graduate students are especially depen
dent on GSLs because the financial aid sys
tem is geared toward undergraduates,
Frank said.
Last October, some changes were made
in the GSL program, Frank said. Interest
rate was increased from 7 percent to 9
percent on loans taken out after Oct. 1 . Al
so, loans were not need-based before.
If a student is still classified as a depen
dent, and his family's income is over
$30,000, only the amount determined as
"need" can be borrowed, Frank said.
Jim Kern, speaking for the State Stu
dent Association, said some changes could
involve raising the origination fee, paid
when the loan is taken out, from 5 percent
to 10 percent. For example, if a student
borrows $2,000, origination fee would be
increased from $100 to$200.
Kern said 1 ,900 students would not be
able to return to UNL next year if federal
education cuts are approved.
Both Frank and Kern suggested writing
letters to Nebraska's congressional rep-s
entatives. Kern said he has found petitions
to be ineffective. "One letter is worth
5,000 signatures ( on a petition)," he said.
Nancy Wiederspan, assistant vice presi
dent of the Nebraska Higher Education
Loan Program, said her organization hopes
graduate students will be left in the GSL
program. However, they will have funding
available for "PLUS" loans if necessary,
she said.
PLUS loans are last resort loans and
have higher interest rates than GSLs, she
said.
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CHINESE MAaiMUMIli
Second student files
for RHA presidency
There apparently will be two parties in the Residence
Hall Association elections after all. The second party to
announce, called the Opposition Party, offers Steve
Mackie as a presidential candidate and Terrance Brown as
a vice presidential candidate. Both are Harper Hall resi
dents. Mackie is a senior business major from Seward. Brown
is a junior from Bellevue.
Mackie said his party does not have a platform.
"We mostly decided to run because nobody else was,"
Mackie said.
"If students want to vote for your typical student
government types, they can vote for the NOW party,"
Mackie said. "Half of the people running in it are already
in RHA."
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