Aj(j Continued from Page 1
Anderson believes that the
new program may help students
after graduation but would
prefer to see the government
modify existing programs rather
than spend the effort to create
new programs.
"If the government wants to
reduce student indebtedness, a
new loan program may not
necessarily be the answer."
Anderson said. “What students
may need is an increase in grant
money and other financial aid.
"Instead of reducing in
debtedness. the government has
been increasing the total
amount that can be borrowed
and increasing the amount ow
ed." he added.
The furor over students
defaulting on their loans is
somewhat exaggerated. Ander
son said.
”1 think we put too much em
phasis on percentages. There
may he an 8 or 9 percent default
rate, but what about the 91 per
cent that are paying their loans?
•‘Overall. 1 think we're doing
well." Anderson said.
Anderson believes the
government will try to em
phasize cost containment by
limiting financial aid. he said.
This will lead to some institu
tions going under because they
do not increase their tuition,
while others will become mom
frugal, he said.
Jeff Lee of the Oregon State
Scholarship Commission has
some fears about the new pro
gram. he said.
"It is perhaps one of those
theories that looks good on
paper, but doesn't work in prac
tice." l,ee said "Students may
have a tendency to borrow more
than they really need, and cer
tainly more then they can af
ford. We encourage that. We of
fer them the money, and
perhaps students are not fully
aware of what repayment will
be like.
"Students are not the cause of
defaults, the programs are." he
added.
University financial aid
Director Ed Vignoul was out of
town and unavailable for
comment.
VRC
Continued from Page 1
owner of Literary Lion
bookstore.
Valley River Center mer
chants took in about $120
million in sales last year,
while downtown merchants
rang up about $100 million.
Brink said.
Although Brink admitted the
$20 million difference is
substantial. “It's not the huge
gap that a lot of people probably
would perceive it to be.”
Some of the stores in the two
shopping areas do attract the
same market, such as
downtown's The Bon, which
may attract people who also
shop at J.C. Penney's and Meier
ft Frank in the mall, and the
Sear's store downtown, which
draws the same audience as the
mall’s Montgomery Ward store.
Brink said.
Dick Hansen, the maid's
general manager, said the
renovation made the mall airier
and added new storefronts, a
fast-food pavilion with 11
restaurants and new
landscaping.
The 17-year-old Valley River
Center eventually will gain
about 20 more stores, bringing
the total to about 120.
Some expansion also is taking
place downtown like the
remodeling of the public space
in the downtown mall.
One of the downtown mall's,
most successful elements is its
"streetscape" atmosphere,
allowing shoppers to walk nest
to stores, Brink said.'It is an
aspect more and more malls are
incorporating into their
designs, he added.
"The really important aspect
of successful retailing is the
merchandise." Brink said.
"What shopping centers have
recognized maybe better than
downtowns is that stores really
do make the difference."
Continued fron page 1
were able to attend voted on
who they support," with the
results recorded for those GTFs
who were unable to attend,
kerlin said.
University Assistant Vice
President for Administration
Muriel jackson said the GTFF
has filed a grievance against the
University, but it is inap
propriate at this point to discuss
the actual details.
kerlin delivered 900 GTF
newsletters to University cam
pus mail on Oct. 29 for distribu
tion. University Mail Services
supervisor Mary Potter inform
ed kerlin Oct. 31 of the decision
not to distribute the
newsletters.
kerlin then removed the en
dorsements from the newsletter
during the weekend and
reinserted a new cover page by
the next Monday.
Campus mail delayed
delivery of the newsletter for
five days, and as a result, many
of the GTFs did not receive their
newsletters until after the elec
tion. kerlin said.
"It took us completely by sur
prise. and we want a reversal."
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