THE INdependent student newspaper at the university of cincinnati
Vol. CXXX Issue 77
monday , may 10, 2010 happy birthday
commandos keep charging
Cincinnati wins seventh straight, besting rival Marion 38-20. page 4
“empire”
Episode V of the Star Wars saga celebrates its 30th anniversary. page 2
Williams’ salary safe from evaluation Gin a. ando the news record
Regardless of the results of an administrative evaluation assessing his first six months in office, University of Cincinnati $ 410,000 / year base $100,000 / year for retirement $ 1,250 / month for automobile $60,000 one-time signing bonus presidential perks
President Greg Williams is entitled to keep every penny of his $410,000 base salary. Williams’ self-evaluation, which is due Saturday, May 15, will outline his first six months in office and include his personal views on successes and shortcomings with “performance goals” of the fiscal year. Under initial contract agreements, Williams receives approximately $34,167 per month. Regardless of his and the UC Board of Trustees’ Board Compensation Committee’s appraisal, under Williams’ five-and-a-half-year contract, the committee is not authorized to decrease the base $410,000 salary. The only way to go is up. If Williams succeeds in many of his set goals and the Board Compensation Committee agrees,
events
he is entitled to a bonus anywhere from 10 to UC has also taken steps to ensure Williams 25 percent of his annual base maintains a public image. salary — $41,000 and $102,500 “As a condition of his employment respectively, to be paid out within as president, the university requires the 75 days of the end of the fiscal year. president to drive, in the performance The average salary of all UC of his duties, an automobile that educators, including tenured appropriately reflects his position,” professors, at UC comes in at just according to the contract. “Therefore, above $80,460, according to Office the university will pay to the president of Institutional Research statistics. a vehicle allowance of $1,250 per Aside from the $60,000 that month for the president to lease was to be paid to Williams as a Greg williams or purchase and maintain such “signing bonus,” former chair of UC’s an automobile.” Board of Trustees H.C. Buck Niehoff and wife Williams was also given a membership to Patti donated a high-rise condominium worth Cincinnati’s exclusive Queen City Club. $2.7 million to the university in 2008 for A club representative declined to give exclusive use as the president’s residence. information regarding membership costs.
CoB nearing final stretch in dean hunt
please don’t hit me
of mice and men when:
8 p.m. to 10 p.m. May 13,14, 15
where:
Corbett Auditorium
The College-Conservatory of Music presents “Of Mice and Men,” based on the classic novel by Nobel Prize-winning author John Steinbeck. Directed by Nicholas Muni, conducted by Mark Gibson and with music and libretto by Carlisle Floyd, the opera tells the timeless story of George and Lenny, two farms hands chasing the American dream. Tickets are $15 and $17 for students, $26 and $28 for general admission. Call 513-556-4183 for more information.
gin a. ando the news record
billiards tournament when:
7 p.m. to 10 p.m. Thursday, May 13
where:
Catskeller
Think you’re Minnesota Fats? Get your stick and chalk ready and come try your hand in Catskeller’s billiards tournament. Entry to the tournament is free with prizes awarded to the winners. All skill levels are encouraged to participate. Get out from behind that eight ball and e-mail Ebahi Ejerekhile at ejerekem@mail.uc.edu for more information. mcmicken alumni gala when:
6:30 p.m. to 11:30 p.m. Friday, May 14
where:
Westin Hotel 21 E. Fifth Street, Cincinnati
Enjoy an evening of dinner, dancing and a program honoring distinguished University of Cincinnati alumni and students. Cocktails and Hors d’œuvres will be served from 6:30 p.m. to 7:30 p.m., with the program from 7:30 p.m. to 8:00 p.m. Dinner and dancing will take place afterward. RSVP online at artsci.alumni@uc.edu or by phone at 513-556-0912.
Student loan lender cuts interest rates
index
1 News 2 Entertainment 3 Classifieds 4 Sports
german lopez the news record
weather forecast
monday
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Coulter loeb | the news record
the lone centurion A Cincinnati Police officer directs traffic on McMillan Avenue Saturday, May 8, as construction takes place to resurface the Clifton Heights thoroughfare.
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Higher education loan giant Sallie Mae announced May 4 it will be cutting interest rates on student loans. Beginning May 10, the company will lower interest rates on its Smart Option Student Loans and eliminate disbursement fees. The Smart Option Student Loans are set up so students will have to pay their debts faster, but the plan allows students to save 52 percent on loans, according to Sallie Mae officials. The announcement also states that starting in the next academic year, Sallie Mae will introduce a plan that will let students make back 2 percent of their in-school interest payments just by paying back their loans on time. “Our experience shows that our student customers are successfully managing their monthly payments,” said Joe DePaulo, executive vice president of Sallie Mae. “In fact, customers who selected Sallie Mae’s Smart Option Student Loan over the last year and continue to
“Our experience shows that our student customers are successfully managing their monthly payments.”
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The University of Cincinnati’s College of Business is zeroing in on its future dean. Monday, May 10, will mark the final day in which administrators are interviewing potential candidates. Currently, Ralph Katerberg, an associate professor of organizational behavior and head of the management department within CoB holds the post of interim dean. Katerberg was officially appointed to the position Aug. 12, 2009, when former dean Will McIntosh resigned from the post July 1, 2009, after holding the position for fewer than four years. Carlo Montemagno, dean of UC’s College of Engineering and Applied Science is chairing the committee, which met and interviewed three applicants during College of Business dean search luncheons. As of press time, Montemagno was unavailable for comment. Witt/Kieffer, a national executive search firm with offices all over the United States, is leading the effort and has been accepting applications since March 1. Although dozens of candidate applications were filed, four were accepted as possibilities until one dropped out, said Teri Ambrosius, executive staff assistant of the CoB dean’s office. The search will continue, however, until the position is considered filled, according to Witt/ Kieffer announcements. The incoming dean will oversee academics for the College of Business’ approximate 2,800 students, seven separate affiliate centers and 123 faculty members. CoB operates on an annual $20 million budget, according to the job description. Among other requirements, the new dean must have a “strong record of leadership and advocacy in the university context” and possess “grace under pressure and an unfailing sense of humor,” according to Witt/Kieffer’s official job description. The next dean will be CoB’s ninth in its almost 100-year history.
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—Joe DEPAULO
EXECUTIVE VP OF SALLIE MAE
College living online Check out the College Living section of today’s paper as it examines intimate partner violence and Mustache May.
Senior send-offs
make on-time payments are on track to save an estimated $1.1 billion in total over the life of their loans.” The good news for students is coming largely thanks to better economic conditions, DePaulo said. A report by Wells Fargo agrees that the economy’s turnaround is loosening up credit, stating that credit is “likely hitting a turning point.” The shift in the economy created a slight rise in consumer credit in March, and it will allow financial institutions to make loans more freely in the future, the report said. The news also comes at a time when Sallie Mae is facing competition from the federal government. With the passage of the health care law, the federal government created a student loans plan that will cut subsidies to private lenders and let the federal government directly give loans. The plan would let the government set lower interest rates on student loans by cutting out the middleman, said President Barack Obama. The plan will also let Americans who file for bankruptcy have their student loans forgiven, something that wasn’t possible in the past, Obama said. Sallie Mae, however, is critical of the government’s new plan. This past month, Sallie Mae announced that the new plan would force the company to cut 2,500 jobs to make up for the lost subsidies. Obama singled out Sallie Mae when he said the plan will hurt private lenders, but it will ultimately be better for students.
TNR POLL
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Want to congratulate that special senior graduating this year? Give them a senior send-off! For $4 you can have a letter and picture placed in a special online section of The News Record to say good luck. E-mail extra.newsrecord@gmail.com.
coulter loeb | the news record
the many affected UC students are a part of the thousands impacted by Sallie Mae’s loan plan.
pride week Go online and check out a photo slideshow of LGBQ’s Pride and Visibility Week events on campus.