SPORTS
Finley done
Nebraska eornerback Clint Finley talks about ice
cream, big hits. Saturday's Texas A&M game and
grow ing up in the Lone Star State. PAGE 7
k I i
Houses of the unholy
Haunted houses have progressed from campy fun to modern
day’ technological terrors. Haunted-house engineers comment
on the trend toward electronically enhanced fear PAGE 9
FRIDAY
October 9. 1998
Rising Against the Fall
Mostly sunny, high 77 Parth cloudy tonight, low 50.
VOL. 98 COVERING THE UNIVERSITY OF NEBRASKA-LINCOLN SINCE 1901 NO. 35
Bill gives
students
loan relief
By Josh Funk
Senior' staff writer
Student loan interest rates were slashed to their low
est le\e! in 17 \ears when President Clinton signed a
higher education hill Wednesday
The bill addressed maty different areas of metier
education ranging from financial aid to teacher's :■ i
leges and research grants
But mam of the reforms required :n the hill are
a l reau\ met m
exceeded b\ the
University cf
Nebraska, admin
istrators said
Thursday.
Unless
Congress follows
through with
appropriations for
these programs,
administrators
said the bill's
effects may be
limited.
“The most sig
nificant thing in
me Din is me interest rates, saia Lraig Munier. uinl
director of scholarships and financial aid.
The bill creates a new interest-rate formula, based
on Treasury bill rates and added points, for student
loans.
As a result, the rate for students would be 7.46 per
cent for graduates starting to repay their loans —the
lowest rate in 17 years. Rates are capped at 8.24 percent.
That equates to a sa\ mgs of S700 oxer ten years for
the average student borrower graduating with SI3.000
IN debt
The measure also raises the maximum authorized
amount for Pell Grants from the present S3.000 to
S4.500 a vear in 1999,2000. and in steps to S3.800 in
2003-2004. But Congress would have to provide the
monev.
The higher authorized amount does not necessarih
mean larger grant amounts.
It is as if Congress raised the limit on colleges' Pell
Grant credit card but that doesn't mean thev will spend
Please see BILL on 2
u --
The most
significant thing in
the bill is the
interest rates."
Craig Munier
UNL director of scholarships
and financial aid
Scott McClurg/DN
MIKE CASE, a senior elementary and special education major, practices disassembling and reassembling an M-60 machine gun
while blindfolded. Case, an Air Force international guardsman, will be competing in a national competition for branches of the
guard in Little Rock, Ark., next week.
Pair shoots for M-60 championship
By Josh Fi nk ^
Senior staff writer
\ couple of self-described Air Force weenies are out to show the
test t'the armed Forces how to shoot the M-OO
\nd the Arm;, gu;. s iiate it when these two w m
l nwersitc of Nebraska-Lincoln student Mike C use and his part
ner Farr;. <ehmid .1 night assistant director of custodial ser.ices. are
on their wa> to tattle Rock. Ark., to represent Nebraska in a national
mihtan. shooting competition
h\er\ state sends a 20-person team to the competition For
National (iuard units
()n each team, eight people shoot rifles, eight shoot pistols, two
shoot sniper rifles and two shoot machine guns.
The team is also broken into 10 experienced or old shooters and
10 new shooters, who ha\e ne\er competed nationally before.
()ld and new shooters are teamed in an effort to pass on skills.
! he pair fh an the !5.';!’ Vcuntx Police unit are teamed as the gun
ner ,md assistant gunner of die \l-o(). but during competition then
roles become interchangeable
1 he \l-oO is a belt-fed machine gun firing .'ox-callher bullets at
a rate of up to 5o0 rounds a minute and accurate!) hit targets at up to
1.100 meters
Please see M-60 on 2
Local, long-distance carriers
split over initiative’s benefit
By Todd Anderson
Senior staff writer
In a campaign to attract support
for a ballot initiative to lower tele
phone access charges, it's local tele
phone companies in a race against
long-distance company AT&T, a
major financial backer of the initia
tive.
According to spending reports
submitted to the state this week, the
group supporting the proposed state
statute has raised and spent the most
money in its campaign to draw up
support for Initiative 414.
With contributions totaling more
than S2 million from AT&T. the
C ommittee to Vote Yes for Lower
Phone Bills has spent S2.2 million tin
a petition drive and. more recently,
advertising to send out its message.
MC I is the group’s onlv other
contributor, with a donation of
S 1.000. Nebraskans to Protect Our
Phone Ser\ ice. the sole group
opposed to Initiative 414. has raised
nearly S800.000 since it started up its
campaign in earlv July. It has spent
more than S575.000.
Its financial support has come
mostly from local phone companies
such as Aliant Communications in
Lincoln and I S West in Omaha, as
well as the IS Cattlemen's
Please see PHONE on 3
Telephone totals
Supporters of Initiative 414, a constitutional amendment that would lower telephone access
charges, have raised more than twice as much as opponents. More than $2 million of the
support group's total was donated by AT&T, while most of the opposing group's total has
come from local phone companies. Figures are rounded.
„ Against the measure
Nebraskans to ?ipppfissiiSf»i* 0oo
Protect Our F ■ - - ■ ' 51
Phone Service ( ) $126,000
For the measure
Committee to ilfiiWlWiaiilllljMga^^ eo
Vote Yes for - ■ —- - ---1 3333 mill,on
Lower Phone ) $1.57 million
Bills (more than -*
$2 million _) $47,000
0 Campaign contributions since January
O Campaign contributions since mid-June (most recent reportinn nencrt'
O Money on hand _ .
Source: State AccountaDmty and Disclosure Commission
•Iox Fk.wk n.\
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