North Carolina Newspapers

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 said. 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 jobs. 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 Staff Writer 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 the request. "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 growing region. 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 buying land." "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 unanswered questions." "We do look at the dam as a possibility, but not the only one," he said. 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 dam. , r CGC "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 ii 1 1 ii 1 1 irii Hilllll ftMLM 1 1 III 1 1 1 II L- M I I I 1 1 1 1 1 1 1 1 ITTT HAIRLINES - j - - - 108 Henderson St. Chapel Hill, NC 968-4327 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 week. Senior class marshal applications available 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 Tuesday. 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. Investigation ordered WASHINGTON General 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 tankers. 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 contracts. 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 day night. Miles Forman received a best director award for the movie, while Sally Field won her second Oscar as best actress in "Places in the Heart." Civil suit begins WINSTON-SALEM Opening arguments have begun in the $48 million civil suit arising from the 1979 shootings in Greensboro that left five communist demonstrators dead. 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 WASHINGTON President Reagan has resubmitted a proposal to allow employers to pay young people a sub-minimum wage during the summer, claiming it could create 400,000 jobs. 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 Chicago Cubs. 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 international organizations." 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 toll-free 1-800-672-1678 Nationwide, call toll-free 1-800-334-1656. The Aprtmpnt People SALES REPRESENTATIVES ACADEMIC PRESS, Col lege Department, a leading publisher of college text books has openings for energetic, enthusiastic, sales representatives. Can didates must possess im peccable communication skills. College graduates only. Territory coverage re quires approximately 60 overnight travel. We offer salary, bonus, expenses, and a company car. Candidates should apply in writing to: SB Leslie Miller Academic Press College Division Dept. SR-APC Orlando, FL 32887 An Equal Opportunity Employer fa MEDIICULOUS!! ALL YOU CAN EAT IMMBEQUE MEHF WES Every Wednesday Night 5-9 pm Served with Salad, Baked Potato and Garlic Toast The Carolina Union Performing Arts Committee, Curriculum in Folklore, and (0jr Fine Arts Festival A present TRADITION IN MUSIC DANCE Friday, March 29 7:30 pm Great Hall Free! "i. SE 208 West Franklin St. 942-5149 l-i" (hi u - M - " t i i-wA-!5i5i!;sNV'"'-"-- f mm ONLY s005$ A -.great way to shape up for summer! Offer good through March 31, 1985 503C West Main St. Carrboro 933-9249 GOURMET MEXICAN 967 7145 NCNB PLAZA CHAPEL HILL Hi iH 7 s 1 Wednesday; March 27 - t: Village Cable Channel 11 10 p.m. "Campus Profile" The Band Murder at Royal Park Carolina Traditions 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 OPEYO Dancers Ebony Readers 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 Upstairs Lounge! 6 E3 REAL PIT BAR-B-Q 1 iwrBfc CZr- 15-501 Bypass at Eliiott Rd. in Chapel Hiil 933-9243 t S)A I A pLNalcamichi ff 1 WAS $26995 NOW $24995 THIS MONDAY. TUESDAY A'D WEDNESDAY ONLY SOUHDHRUS 1108 Broad St Durham, NC 285-2222 113 N. Colombia St Chap H!il. NC 942-3162 Cameron Vlila Ralalsh. 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