Monday, April 26, 1982
Pago 2
Daily Ncbraskan
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hIicii von tiUVtf UH Utile UN
H5(M) (hroiili May Kth.
Sec our complete
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cos! when you suvc us
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our "collection" of
savings service, too.
SAVE & CHOOSE
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Luggage Set
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You Always Get ttRalny Iy" Protection
at
nebrasha Sauings
and Loan Association
LINCOLN 1409 "O "Street 402-475-1409
All account lnurcl to JflOO.OOO by IfiUV.
Bereuter speaks with UNL students
about proposed cuts in financial aid
By Eric Peterson
Rep. Doug Bereuter, a Republican congressman from
the First District, came Friday to the Nebraska Union for
what he called a "listening session" about President Rea
gan's proposed financial aid cuts. His visit was sponsored
by the ASUN's Government Liaison Committee.
'The important thing to remember about financial aid
is that nothing is certain," Bereuter said, noting that
congressional passage of the cuts is uncertain. "We don't
know if Congress will even pass a budget."
Bereuter pointed out that some government agencies
will simply continue to function at last year's funding le
vels if both parties in Congress can't agree on a budget.
"That's not a good way to do business," he said.
Bereuter first outlined the proposed cuts and then
asked for opinions about them. Bereuter said Guaranteed
Student Loans would be affected three ways: the origin
ation fee would be increased from 5 percent to 10 per
cent, all borrowers would be subject to "need analysis,"
and "most controversially, graduate students and pro
fessionals students would have to do all their borrowing
at a 14 percent interest rate and begin repayment of the
loan immediately ." He said this loan program for graduate
and professional students does not even exist in Nebraska.
Pell Grants, a program targeted for the most needy
students, would have the maximum grant reduced from
the current $1,800 to $1,400 or $1,600, Bereuter said.
The College Work Study program would be substan
tially reduced and the Supplemental Educational Oppor
tunity Grant would be eliminated, he said.
Bereuter pointed out that since 1960 the 16 percent
default rate for direct student loans is higher than the
commercial loan default rate of 12 percent, and the higher
student default rate is one reason given for cutting the
programs.
"However, the default rate for Nebraska is only 4
percent," he said.
Bereuter gave several reasons for student defaulters,
such as inadequate collection staffs, colleges which don't
make student borrowers understand their obligations and
students who are not motivated to stay in school after
they obtain the loans.
"Despite these instances, I feel the money was brought
to great use," he said. 'There are a lot of students who
could not have gone to college otherwise or would have
had to defer their educations."
Bereuter said some reductions in financial aid to stu
dent programs probably are inevitable.
"I think we're going to have cutbacks in every area,"
he said, adding that some shifts in assumptions about stu
dent aid are necessary.
"We have to get rid of the idea that everybody is en
titled to a loan regardless of income," he said.
Bereuter said he prefers that graduate and professional
students not be excluded from the loan program "without
some kind of phase-out period." He proposed two differ
ent changes than the Reagan administration outlines.
Bereuter said he would limit the family income of loan
recipients, but slightly less than in the Reagan proposals,
and vary the loan amounts.
"Instead of a flat $1,400 or $1,600, there might be
loan amounts on a certain gradient," he said.
lil 1 Si American Heart
ipr Association
WET?t FIGHTING f-OP YOUU Lift
Football ticket sales begin today
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Choose your "shades" before April 30 and save 20!
We think we have Lincoln's best selection of quality
sunglasses, so of course we have the style you want
now 6.40-80.00
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The 1982 spring sale of student football
tickets begins today at the Athletic Ticket
Office, South Stadium 117. The office is
open 9 a.m to noon and 1 to 4 p.m.
Students applying for tickets are asked
to bring a completed application card. The
cards are available at the Student Accounts
Office in administration 204, the inform
ation desk of the East Union and the ticket
office.
When buying the tickets, students must
present the application card, a student ID
card and cash or a personal check for $36.
Today
is
National
Pig Day!
Checks must show a Lincoln address and
phone number.
Students will draw a lottery number,
and the ticket orders will be filled using
these numbers. The tickets may be picked
up Sept. 7 throught 10 upon presenta
tion of a current student ID showing full
time student status.
Married students may purchase a tick
et for their spouse if they present proof
of marriage. Spouse tickets are $72.
The ticket office has posted notices
around campus with complete information
about the sale.
D BRING THIS AD
rfmD.
Famous brands like: 0
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uarreru" duiicv
Ray-Ban Glacier
Suncloud by I Ski
Champion
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n THIS OFFER ENDS APRIL 30
n GATEWAY 164 G4LERY VWi
0 LINCOLN CENTER 1118 O"
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JtJnnnm
JD'i
JfffiWf SORE
DR'S
HOURS:
GW-10-9, Sat. 10-5:30,
Sun. 12-5
DT-Weekdays 10-5:30,
Thurs. 10-9
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To celebrate - feed your piggy (bank, that is)!
Become a plasma donor!
$10 is paid for each donation and you can donate twice
weekly (but please wait 72 hours between donations).
That's up to $100 a month.
And that can buy a bt of bacon!
New donors bring this ad for an extra $2 for your first
donation.
Call now for an appointment
475-8645
University Plasma Center
1442 O Street
Open Monday-Saturday 8O0am - 6.00pm
federally licensed
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