October 31, 2012

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ARIZONA DAILY WILDCAT Printing the news, sounding the alarm, and raising hell since 1899

WEDNESDAY, OCTOBER 31 , 2012

VOLUME 106 • ISSUE 52

DAILYWILDCAT.COM

Ariz. grads retain less loan debt Averages here among lowest compared to rest of nation RACHEL McCLUSKEY Arizona Daily Wildcat

Although student loan debt has become a hot-button issue across the country, especially during the presidential campaigns, half of Arizona college graduates are below the nation’s average in terms of how much debt they retain when they graduate. Arizona 2011 graduates fall in the forty-fifth percentile, with $19,950 in debt, compared to the nation’s average of $26,600, according to a financial aid report released by the Arizona Board of Regents. Sarah Harper, director of public affairs for the board, said that although rising tuition costs have been a problem in Arizona, at the same time, financial aid has increased as well. “Despite the fact that there has been increases in tuition at our public universities, we still remain competitive among our peer institutions, so we’re still a really big value,” Harper said. According to Harper, Arizona ranks near the bottom in state-funded aid, but the regents require universities

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to set aside 14 percent of tuition revenues to return to students for need-based aid. In recent years, the regents have asked universities to set aside 17 percent to combat rising tuition costs. In the 2010-2011 school year, Arizona universities provided $391 million in institutional aid and provided grants to 69,069 students, Harper said. Over the last five years, the amount of institutional aid has increased by approximately 74 percent, she added. John Nametz, the executive director of scholarships and financial aid, added that the UA offers students the opportunity to work on campus to earn money and help combat their debt. Additionally, individual opportunity counseling is offered daily for UA students to help lower debt. Nametz explained that more than 4,000 individual changes are implemented to student financial aid cases due to individual circumstances each year. Nametz mentioned that students seeking financial aid should look to the AZ Assurance Program offered at the UA. The Assurance Program’s vision is to empower low-income students to become scholars and contribute to society to improve the educational demographics in the

state of Arizona. Michael Staten is a professor of family and consumer sciences and the director of the UA’s Take Charge America Institute, which provides programs to increase financial literacy. Staten said that taking on some amount of debt is often necessary, and can be viewed as an investment. “We like to think of student loan debt as good debt,” Staten said. “Taking on debt to acquire those skills that allow you to get into that career earnings path is probably a good investment. But for many kids that [loans] was the ticket to get those skills.” Nametz added that, along with the reduced debt students incur from the lower cost of Arizona compared to other schools, the UA is one of the best higher educational opportunities in the country, and that the university returns the investments its students make in their education. “This school invests in students in so many ways,” Nametz said. “So much educational opportunity and advantage falls on students due to the position of this university as a Research I and because of the unique convergence of our diversity of opportunity, student makeup, location, geography and climate.”

TINY HEROES Faculty and staff brought their children to the UA Mall for Greek Life’s Greek or Treat, where fraternities and sororities passed out candy

This day in history

>> 1941: Mount Rushmore is completed >> 1993: Rapper Tupac Shakur charged with aggravated assault >> 2010: A substantially large oil field that is estimated to contain between 8 and 15 billion barrels is discovered off the coast of Brazil

RACHEL McCLUSKEY Arizona Daily Wildcat

Half the proceeds from a skate and costume party at Skate Country on Tuesday night went to benefit a local LGBTQ community center. ASUA Pride Alliance hosted the second Queer Skate Night to raise money for Wingspan, a Southern Arizona LGBTQ community center, and to give students an opportunity to make new friends and mingle. Admission cost $4 and half the proceeds went to Wingspan. The proceeds raised totaled $293. A costume contest for the scariest, funniest and most creative Halloween costumes was also held, and Pride Alliance hosted a booth with information on upcoming events in the LGBTQ community. Queer Skate Night was created last year by Pride Alliance, said the club’s social events chair, Greg Daniels. The idea was to combine Halloween and skating to make a fun event anyone could attend. “We initially knew that we wanted to do an actual skate event,” Daniels said. “But I think for the purposes of visibility, we

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Pride party supports local center

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Elks foundation will donate $2.5M to UA research center YARA ASKAR Arizona Daily Wildcat

PHOTO COURTESY OF DARCI L. SLATEN

JERRY GRIMES, president of the Arizona Elks Major Projects, shakes hands with Fayez Ghisan, the Arizona Steele Children’s Research Center’s director, over a commitment to donate $2.5M to the center.

The Arizona Steele Children’s Research Center will receive $2.5 million in financial support from the Arizona Elks Major Projects within the next 10 years. The project has been supporting the Steele Center for the past 20 years and has already raised about $5 million to fund several different initiatives within the center. One million dollars of the funds will go toward supporting basic research for various disorders, autoimmune diseases, multiple sclerosis and celiac disease, said Fayez Ghishan, director of the Arizona Steele Children’s Research Center.

The other $1.5 million will help establish the Arizona Elks Endowed Chair Research Center in Phoenix, which will provide financial support benefiting children in the future, Ghishan said. The endowed chair will help recruit research leaders from all over the nation to head the center in Phoenix, he added. The Elks project has been a supportive partner in all aspects of the center’s missions, said Lori Stratton, the center’s director of development. “Our mission is to teach and they have supported money for education … and to discover science,” Stratton said. “They have been 360 degrees supportive.” The funding is not meant to duplicate the labs in Tucson, but

to extend the research that works directly to assist the children in the greater metropolitan Phoenix area, Stratton said. “By opening a facility in Phoenix, we can impact more children and move science faster and closer to new ways of treating children with illnesses,” she said. The center in Tucson currently has 27 labs that do basic research, while the center that will open in Phoenix will focus on extending the clinical transitional research, she added. The Arizona Elks has 47 different lodges for 28,000 members that work year-round to help raise funds to support a project that helps improve health treatments for child illnesses,

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