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2 The Daily Tar Heel Wednesday. March 27. 1985
Credit cmd : Oonnt leave school wMtoonit it
By LAURA VAN SANT r
Staff Wntet 1 -
Credit card companies, are stepping up efforts to
attract college students while they are still in school
because students today are more responsible than their
predecessors, an American Express spokeswoman
Sarah Muller, who manages the American Express
graduating students department, said her company
sponsored everything from campus talent shows to
film festivals to tables in the pit, in an effort to push
their product to UNC graduating seniors.
If a person gets a credit card early in their career,
they are likely to use it longer and more often than
someone who got a card later in life, she said.
"Students are our most financially responsible card
owners," Muller said. "The paybook rate is impressive
and futuristic, because we will probably have that
customer for a long time.'"
Eor a student to get an American Express card
without a parent co-signing, the student must be a
graduating senior who has accepted a "career
oriented" job that pays at least $10,000 a year and
must have no negative credit history, Muller said.
Visa or MasterCard, which are available through
bank accounts, are easier for a student to get and
pose more of a credit risk for the banks, said Phil
Davis, NCNB credit and collections manager.
"Most students have no established credit, no
income, no permanent job and no credit history,"
Davis said, "but they're still a good market because
they'll be with us for a while."
Like American Express, NCNB has a separate
application for students. Instead of being based on
post-graduation income, it looks at a student's grade
point average, major, checking account and part-time
Davis saiH thev cave cards primarily to juniors,.
seniors and graduate students, but sophomores could
get a card if their parents co-signed the account.
There are exceptions to these guidelines. Clem
Seifert, a senior from Henderson, successfully applied
for a Mastercard while in high school.
Seifert said he was not sure why Mastercard gave
him an account.
"The application asked what I would use it for and
I said it was to help cash checks away from home,"
Seifert said. "At first, they set a $500 limit, but as
I've used the card, that's gone up."
For students, credit cards can help with more than
just cashing checks.
"It serves as a fallback when you're caught without
money and, most important, it helps to establish a
credit file early," Davis said.
"Students are not different from anybody else,"
Seifert said. "Credit is credit. Everybody needs it. The
sooner you get it, the better."
Cobey opposes project inMamdolph, Guilford counties
By JOAN CLIFFORD
Fourth District" Congressman Bill
Cobey will testify Thursday against
funding for the Randleman Dam before
the House Subcommittee on Energy
and Water Development.
On Feb. 6, Cobey asked the subcom
mittee to delete $2.2 million from the
president's fiscal year 1986 budget that
would be used to begin construction of
the dam, affecting Guilford and Ran
dolph counties. Rep. Tom Bevill, (D
Al.), subcommittee chairman, granted
"I appreciate Chairman Bevill giving
me the opportunity to explain why I
oppose funding for the Randleman
Dam," Cobey said. "This will give me
a chance to outline the exact reasons
why I and many others do not believe
this project should be fnnHfH M
Steve Long, Cobey's press secretary,
said the dam was only one of many
proposals that could control flooding
and increase the water supply for the
Although flood control, a greater
water supply and recreation are benefits
of the proposed dam, they would
unequally affect the two counties
involved, Long said. Guilford county
would receive 72 percent of the benefits,
whereas Randolph county would get
only 28 percent, he said.
"The costs are greater than the
benefits," Long said. "There's the
environmental factor, where the project
would flood 10,000 acres of Randolph
County land. Then there's the human
factor the reservoir would displace
300 to 600 people. And the financial
cost, which rfrtp: rio cpm prent up
front, has hidden tax rates and security
costs," he said.
Long said Cobey wanted to look at
possible alternatives, such as innovation
transfers, conservation measures and
pipelines, instead of building the dam.
"There's no guarantee that they won't
go ahead and fund the dam," Long said.
"The president's $2.7 million is for
"We are asking for funds to be
deleted," Cobey said, "because if we go
ahead with the funding, the situation
will be irreversible. We should wait and
consider other alternatives and have
more water studies. There are many
"We do look at the dam as a
possibility, but not the only one," he
Cobey said the subcommittee could
not reserve time for other opponents
of the Randleman project to testify.
However, the congressman has asked
Darrell Frye, chairman of the Randolph
County Commissioners, and the Deep
River Citizens Coalition to submit
statements to the subcommittee. Both
the Randolph County Commissioners
and the DRCC oppose funding for the
"With local officials now looking at
alternatives for meeting future water
needs in the Randolph County and
Greensboro areas, I believe this is a
good time to re-examine the Randle
man Dam proposal," Cobey said. "I'm
hopeful that my testimony will help do
that. If so, it will benefit the people in
Randolph County and the other areas
that would be affected by construction
of the dam."
from page 1
contract by not allowing us access to profits or else the company would not
their records and contracts," he said. remain at UNC.
Mills said ARA had to be making "All this mandatory meal plan will
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- j - - -
108 Henderson St.
Chapel Hill, NC
Walk In or call FREE Mon-Fri.
for appointment CONSULTATIONS 10-7:30 pm
do is boost their profits sky-high over
what they're already making," he said.
"They're not doing this (providing
UNC's food service) out of the goodness
of their heart," he said. "They are a
private, capitalist company."
Wallace said she was concerned
about whether students would ' be
informed enough to vote on the meal
plan because there was so much doc
umentation on it for students to read.
She and Mills said copies of the meal
plan report would be put on reserve in
House Undergraduate Library later this
Senior class marshal
Senior class marshal applications are
available at the Union desk and are due
by 5 p.m. Friday. Senior class marshals
will form a core group of seniors for
planning, organizing and implementing
senior class programs and will partic
ipate in the May 1985 commencement
activities. Anyone graduating in May
1986 is eligible to apply.
U.S. seeks help for 'Star Wars'
From wire reports
LUXEMBOURG The U.S. has
formally invited other Western
counties to participate in President
Reagan's proposed "Star Wars"
defense system, said officials at a
NATO defense ministers' meeting
Defense Secretary Caspar Wein
berger asked other NATO delegates
to contribute scientific and technical
skills to the development of the
spaced-based anti-missile program.
Dynamics Corp. Chairman David
Lewis has ordered an internal inves
tigation to determine whether the
company improperly received fed
eral subsidies of $15 million on the
construction of liquified natural gas
Lewis also testified before a House
Energy and Commerce subcommit
tee Monday that the company has
dropped its $23 million in claims
against the Navy for shipbuilding
Arms talks continuing
GENEVA, Switzerland Super
power arms talks in Geneva went
into the complex negotiating stage
with three hours of meetings Tues
day, but neither side would reveal
what progress was made.
The negotiations were not affected
by the shooting of an U.S. Army
officer in East Germany several days
ago. "We do not expect the incident
in East Germany to affect the talks,"
a U.S. delegation spokesman said.
Amadeus takes Oscars
HOLLYWOOD The Mozart
epic "Amadeus" won eight Oscar
Awards, including best picture and
best actor for F. Murray Abraham,
in the 57th Academy Awards Mon
Miles Forman received a best
director award for the movie, while
Sally Field won her second Oscar
as best actress in "Places in the
Civil suit begins
arguments have begun in the $48
million civil suit arising from the
1979 shootings in Greensboro that
left five communist demonstrators
Federal and local law enforcement
officials, along with Klansmen and
Nazis, are named in the suit, which
alleges government officials knew
violence would break out at the rally,
but did nothing to prevent it.
Lower wage for young people
Reagan has resubmitted a proposal
to allow employers to pay young
people a sub-minimum wage during
the summer, claiming it could create
At a meeting in the Cabinet room
that was attended by several black
mayors, Reagan proposed a $2.50
per hour minimum wage for people
under 20 years old who are disad
vantaged and unskilled. The lower ,
minimum would apply from May 1
to Sept. 30.
Cubs won't get a night light
CHICAGO Colorful Cook
County Judge Richard L. Curry
Monday upheld an old Chicago
tradition and turned down a chal
lenge to ordinances banning lights
at Wrigley Field, the home of the
Claiming fans have an aversion to
night baseball, the judge said "Wri
gley Field is indeed a Mecca for the
baseball purist," and the installation
of lights at the field would detract
from the fans' enjoyment of tradi
tional Chicago Cubs baseball.
Westerners leaving Beirut
BEIRUT, Lebanon Westerners
were reportedly moving out of
Moslem areas in large numbers
Tuesday, as authorities searched for
both a kidnapped French bureaucrat
and a U.N. official.
An independent French news
paper said the abductions triggered
an exodus of foreign nationals from
predominantly-Moslem West Bei
rut, "especially those working for
Avoid the lottery blues. Apply now!
All apartments on the bus line to
UNC. Fantastic Social Program Call
today for full information. 967-223 1
or 967-2234. In North Carolina call
Nationwide, call toll-free
The Aprtmpnt People
ACADEMIC PRESS, Col
lege Department, a leading
publisher of college text
books has openings for
sales representatives. Can
didates must possess im
skills. College graduates
only. Territory coverage re
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overnight travel. We offer
salary, bonus, expenses,
and a company car.
Candidates should apply in
Orlando, FL 32887
An Equal Opportunity Employer
ALL YOU CAN EAT
IMMBEQUE MEHF WES
Every Wednesday Night
Served with Salad, Baked Potato
and Garlic Toast
The Carolina Union Performing Arts Committee,
Curriculum in Folklore, and
(0jr Fine Arts Festival
Friday, March 29
Great Hall Free!
u - M -
" t i
A -.great way to shape
up for summer!
Offer good through March 31, 1985
503C West Main St.
Wednesday; March 27 - t:
Village Cable Channel 11
10 p.m. "Campus Profile"
Murder at Royal Park
The Crew Team
Sports Entertainment Updates
10:30 p.m. "This Is It"
A Special Tribute to Black Culture on
the UNC Campus!
Featuring: The Step Show
Guest Host Wacko Walker!
Watch Wednesday at Mr. Gatti's or
Sadlack's ... or Catch STV Tuesdays,
Thursdays, 12:30 p.m. in the Union
REAL PIT BAR-B-Q
1 iwrBfc CZr-
at Eliiott Rd. in
THIS MONDAY. TUESDAY
A'D WEDNESDAY ONLY
1108 Broad St
113 N. Colombia St
Chap H!il. NC