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Story On Page 8A
Patterson
OST
Black Community99
LUt.RATtVE BLACK MARKET CALL 376-0496
___ Thursday, February 5,1987 Price- 50c
Jammie Caldwell
«JC8U student
_S Caldwell
i .When talking about her career
' goal* in a Johnson C. Smith Uni
versity dormitory, Jam mi# Cald
well project# a clear ftiture as a
successful businesswoman.
"I've always wanted to have my
own business," recalls the 19
year-old marketing major.
"Eventually, I would like to have
a boutique that would have a va
riety of designer clothes. Hike
clothe# and Tm very fashion con
scious, but my career alternative
is to earn my degree and obtain a
job in my field," she enlighten#
; with sparkling smile.
; A native of Oreehville, 8.C.
where she was a 1985 graduate of
. Greenville High School, this
; weeks beauty enrolled at Johnson
; C. Smith in January of 1986 after
a brief experience at U9C
Vocal Competition
The Charlotte Club of the Na
tional Association of Negro Busi
ness and Professional Clubs,
Inc. will sponsor its sixth annual
‘ Vocal Art Competition on Sun
day, February 8 at 8 pm. at the
Johnson C. Smith University
Church, 100 Beatties Ford Road
and is flee to the public.
This competition offers to
young gifted operatic artists an
opportunity to compete for
NANBPW’s national scholar
ships, the highest of Which is the
Leontyne Price $2,000 award to be
used for further training. The
national competition this year
will be in Reno, Nevada the Drat
week in August. V ' -
NANBPW is a community ser
vice organisation which provide
service sldlle which will help in
dividuals increase their self
image and self-awerenaaa and to
rahancc the life of the oemuraid
You can't go in tha wrong
direction and arrive at tha
right domination.
lor told me about Smith and my
mother encouraged me to attend
dnce I have relativee who attend
ed school here. Since coming
here, I haven't seen as much of
the dty as I would like to, but the
parts that I have seen are nice,"
asserts Caldwell.
Although Jaromie is still ad
justing to college life, she is orga
nising to become more active on
campus. "Next year, I plan to
join the chorus and the year book
etaff," points out Jam mis, a
J.C.S.U. varsity cheerleader.
At Greenville High she was the
1984-86 Homecoming Queen,
Class Beauty for three yean,
cheerleader, softball player,
member of the drama dub, pep
club, year book staff and student
coundl.
This semester, she is taking 17
hours of general courses which
indude, 8odology, English, Mu
sic Appreciation, Math and two
Physical Education dasaes. "I
like it here because the daaaes
are small and you get individual
attention. ’If I was at a larger
university, I would not'be getting
the needed attention from my in
structors,- she explains.
The daughter of Andrew and
Katie Caldwell of Greenville, shi
has two older sisters, Linda, 2u,
and Theresa, 23.
When not busy, this 5'4 beauty
enjoys the outdoors, going to the
movies, jogging, skating, model
ing and looking through maga
zines like ES8ENCE, VOGUE
EBONY, COSMOPOLITAN aid
JET. "I especially like the crea
tive ads in these magazines.
Although I'm short, I still have
•ome experience in primp model
ing, but not in any magazines,"
mentions Jammie who was born
under the sign of Cancer.
When she graduates from
Smith, her immediate goal is to
go to Barbizon Modeling School.
Since there are a few black owned
women boutiques in Charlotte
like Vivians, Deanie's and So
phisticated Lady, maybe Cald
well will gain some experience
in one of these local shops before
breaking into the market for her
self.
Are Minority Students
Vanishing From Colleges?
Princeton, NJ - Some colleges
could go out of business if the cur
rent trend toward attrition and
declining minority enrollment
ie not reversed. A research report
by Educational Testing Service
(ETS) looks at effective retention
< efforts by four institutions and
describes a model to help colleges
retain their minority students.
“By the year 2000, a significant
percentage of the college-age pop
ulation will likely be non-white,
but if steps are not taken now to
reverse the current pattern, black
and Hispanic students are not go
ing to be on campus," notes Bea
trix Clewell, ETS researcher and
co-author of "Improving Minori
ty Retention in Higher Educa
tion: A Search for Effective Insti
tutional Practices."
Clewell Joins other researchers
in forecasting that, based on cur
rentJWTtlm^^^rendsandmi^m*;
tion statistics, the ethnic composi
tion of the college-age population
should change notably.
Clewell and co-author Myra
Ficklen analyzed the successful
minority retention programs of
four predominantly white institu
tions—Boston College, California
State University at Fresno, Pur
due University, and the Univer
sity of North Carolina at Greens
boro where up to 83% of the minor
ity students who enroll in the re
tention program go on to gradu
ate. The researchers identified
key factors common to all four
institutions-among them, the
presence of a well-defined mi
nority retention policy; a high
level of institutional commit
ment; comprehensive services,
including recruitment and coun
seling; dedicated staff and strong
- faculty support.^^
According to U.S. Census Bu
reau statistics, the percentage of
black high school graduates go
ing on to college-down from
33.5% in 1976 to 27% in 1983
continues to decline steadily. The
Hispanic rate is also falling
(from 35.8% in 1978 to 31.4% in
1983).
There are several forces at
work here—the drop-out problem,
declining enrollment, and a pop
ulation shift," says Clewell.
Recent studies show that if His
panic immigration continues at
its current rate and if the non
minority birthrate does not in
crease, the non-Hispanic white
population could constitute less
than half of the U.S. population by
the year 2080. At any rate, the
onus is on the colleges to begin to
implement some successful mi
nority retention strategies or face
^ ....
Dr. and Mrs. BID Cosby at a dinner in their Man
hattan home presented a eheok in ezoeee of d mil
lion to Dr. Henry Ponder, president of Flak Uni
versity. Upon seeing the check, Dr. Ponder said,
1 know it is good because it has Camille Cosby's
signature on it." Bill Cosby said, "Fisk ia one of
the gems of the world. It just needs to be polished
and illuminated." Shown with Mr. Cosby are
from left to right: Dr. Eunice Ponder (wife of Dr.
Henry Ponder), Dr. Ponder, Mrs. Cosby, Dr. and
Mrs. James Cheek (president of Howard Univer
sity).
Mortgage Interest Rates Have
Reached Bottom
Charlotte - The precipitous de
cline of the U.8. dollar, investor
uncertainty about the mounting
trade and federal deficits, and the
specter of renewed inflation may
mean that mortgage interest rates
have reach bottom.
"There ate growing indica
tions that we have seen the bottom
in the decline of mortgage loan
interest rates," says JA. Abbott,
president of Cameron-Brown
Company, the nation's ninth
largest mortgage banking firm.
"There are several specific indi
cations that bring about this pre
diction. Pint, there is still a fear
that federal deficits have not been
brought under control. Congress
has increased its efforts in this
area evidenced by Gram
Rudman-Hollings, but much of
the recent improvement resulted
from the government's ability to
finance its debt at reduced inter
est rates."
Abbott says that investors have
concern over renewed inflation,
which will certainly be on the in
crease by 1988.
"Then, there is the picture in the
value of the U.8. dollar," he says.
"'Olio will ultimately impact in
flation through increased prices
of goods to consumers and, also,
decrease the desire of foreign in
vestors to purchase U.S. private
and public debt instruments."
Finally, Abbott says, political
uncertainties do not promote in
terest rate stability.
"All these concerns impact the
willingness of investors to accept
yields less than those we are cur
rently seeing," adds Abbott. "For
example, were seeing 7.26% to
7.60% yields on 30-year Treasury
Bonds, and 8% to 8.26% on gov
ernment guaranteed mortgage
backed securities."
Karl Mendenhall, senior vice
president of residential market
ing for Cameron-Brown, says
that he expects no further easing
of monetary policy by the Federal
Reserve Board.
"In fact, monetary policy may
Management Board To Vote On Recommendations
Raleigh * The Governor's
West* Management Board will
meet at 10 am. on February 10, In
the Albert Coates Local Govern
ment Center, 215 N. Dawson St.,
Raleigh.
The Board will hear reports
from it committees and vote on
recommendations to the Govern
or and tho General Assembly on
policy Issues end on ways to im
prove the waste management sys
Mra lit the etate, Items for sonald
eratioti includs potential legisla
tion on idantification and claan
J,. a jl'i. t1 •'
up of inactive hazardous waste fa
cilities, and funding for the
Southeast Waste Exchange. The
Board will also discuss the state's
progress toward siting a low.
lavel radioactive waste disposal
facility. .
Pour of the Board's committees
met in January. Three of the
committee meetings will be held
in Room 415 of the Albemarle
Building, 525 N. Salisbury St.;
Legal Committee, February 6, 9
a.m.; the Public Information/
Participation Committee, Febru
ary 10, 2 p.m.; and the Industrial .
Liaison Committss, February IS,
1 p.m. The Technical Committee
on Hazardous Wasts will meet on
February 19,1:80 p.m., In the Al
bert Coates Building.
The Waste Management Board
was created in 1981 to study and
dbvslop a comprehensive waste
management program for haz
ardous and low-level radioactive
waste generated in North Caroli
na. The Board also advises and
makes recommendations to the
Governor and General Assembly
on waste management policy in
the state. All Board and commit
tee meetings are open to the pub
lic, and public comment is wel
come.
, Tax Seminar
WomanReach will offer a time
ly seminar called 'All I Need To
Know To Prepare My Tax Re
turns, Saturday, February 7,
from 1041:80 a.m., facilitated by
Beth Morris. Ifcis seminar will
be held at the WomanReach Cen
ter, Suite 606, The Gallery, Outlet
Square Shopping Center.
have to become slightly more re
strictive to stop the deterioration
of the dollar," Mendenhall says.
'Given euch an environment, we
would expect the yield on 30-year
Treasury securities to increase
by 50 to 75 basis points over the
next three to six months."
Mendenhall says this trans
lates to mortgage loan interest
rates of up to one full percentage
point higher.
"The increase would be due to a
final surge of refinance activity
by people who have been holding
out for the bottom of the interest
rate cycle," he explains. "This
surge in the supply of mortgage
backad securities would tend to
widen the spread relationship be
tween mortgage-backed securi
tise end Treasury securities, thus
magnifying the increase in
mortgage interest rates."
Cameron-Brown, which chang
es its name to First Union Mort
gage Corporation effective Febru
ary 9, is headquartered in Char
lotte, NC. As a full-service mort
gage banker, Cameron-Brown
arranges and services long-term
conventional, FHA and VA mort
gage loans, and also finances m,
tome-producing property uid
construction projects.