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R.E.M. rocks out Alltel: Pete Yorn supports with a killer setlist Bringing the Series home: Q UNCW pitcher related to Marlins manager | w w October 16, 2003 Volume LV, Number 7 SerVing UNC Wilmington since 1948 Book revenue goes elsewhere Sarah Broders News Editor The inevitable question of where to buy your textbooks, on- campus or off, has finally been investigated. There are small textbook price differences between the two stores, and they go either way. These price differ ences can be attributed to several things. Prices vary depend ing on what depart ment the class is in, how many used versus new books are available, what vendor the store uses and how many students sold their books back the previous semester. There is also a difference between the two stores in where their money goes. The on-campus bookstore gives 10 percent of sales back to the university, it gives out $15,000 in scholarships to UNCW students each year, and it offers a “one-stop-shop” for stu dents, meaning that the on-cam- pus bookstore has a commitment to provide students with every thing they could need, as opposed to “cherry-picking”. “The other store gets to pick what is going to make more money for them - they don’t sell everything,” Shaffer said. The price of textbooks, regard less of what store is selling them, is determined by the publishers. “Publishers control the overall cost of textbooks, and they increase their prices each year, which inevitably gets passed on to the students,” said Andy Shaffer, manager of the on-cam- The margin for the on-campus bookstore is 25 percent, so a $50 book would cost the student $66.65. After working at three other university bookstores, Shaffer said that UNCW’s book- 1. Publisher 67% 2. Author 9% 3. Freight Company 2.5% 4. Bookstore Earnings 2.5% 6. Bookstore Employee Salaries 10% 5. Revenue given to uni versity expenses 9% Source: UNCW Bookstore pus bookstore. The bookstores then mark the books up a certain amount, called a margin. “Our contract with UNCW calls for a specified margin on new and used textbooks, as well as course packs,” Shaffer said. “This margin is well in line with the industry standards and aver ages across the country, and the UNCW bookstore is actually below the national average mar gin on course packs.” Shaffer added that the margin that the on-campus bookstore uses was decided upon by both the bookstore and the university prior to signing the contract. store has the best prices. The amount of used books available to students at the begin ning of each semester is largely driven by two factors: the amount of books from the previous semester bought back from stu dents during buyback and the professors’ book orders. If a professor gets their order in on time and it’s the same book that was used the previous semester, then students can sell their books back to the bookstore and get some of their money back. Students buying their books for the upcoming semester will then find more used books on the shelves as well. Leutze not retired, still receiving pay Marie Mitchell Staff Writer James Leutze has retired - which has led to some confusion after finding out he still gets paid full salary. There have been some ques tions brought up by other news media and students about whether or not Leutze has retired and if he is still being paid, what his retirement package entails. “Effective July 1, 2003, he will receive his full salary of $190,000, and then effective in July 2004 he will then go into phased retirement,” said Mimi Cunningham, assistant for the chancellor for university relations. Leutze is currently on a one- year research leave with full salary and he will return to UNCW to teach in the fall of 2004. At that time he will then go into a nine-month salary at 60 per cent of his most recent salary. Leutze retired from being chan cellor, but not from teaching. “In March 2003, when Rosemary DePaolo was named as chancellor a press release was done and in the release, it was stated that Dr. Leutze would take a research re-assignment and return to teaching. Somehow, the I Star-News failed to read that or the release, nor did they ever ask me a question about his retirement package. There was absolutely no intent to keep anything from the press,” Cunningham said. “I guess in retrospect, I would have written the press release to incorporate that statement ‘retired as chancellor’ and not from teaching. It would of saved a lot of people a lot of heartache,” she said. “(The sabbati cal) is typical in higher education, professors get it and retiring deans get it,” Cunningham said. “The intention of this one-year research assignment period is to leam what is current in the field - it is used to get individuals ready to go back into the classroom,” she said. Leutze announced his retire ment in July of 2002. A press release was sent out stating that he was planning to retire in July 2003. “I sent out a press release stating his plans to retire in 2003,” Cunningham said. “At that time there were no provisions made in the press release that stated what would be done for him when he retired.” courtMy of WWW uncw. «du James Leutze See leutze, Page 3 Visit Us www.theseahawk.org OP/ED 4 Inside This lssu« UNCW Life 5 Classifieds 8 Sports 9 Contact Us Editorial: 962-3229 Ads: 962-3789
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Oct. 16, 2003, edition 1
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