2The Daily Tar HeelThursday, June 1 1, 1992
r
Study shows University is an
economic advantage for state
By Gerri Baer
Staff Writer
Every dollar invested into UNC by
state government results in $3 produced
by N.C. business, a recently-released
study reveals.
" An impact study, conducted by
Harvey Goldstein and Michael Luger,
UNC professors of city and regional
planning, shows that the University has
a tremendous positive impact on the
state's economy.
' 'The study documented what we all
thought was the case but could never
put any numbers to it," said Wayne
Jones, UNC vice chancellor for busi
ness and finance. "It demonstrated that
the University had a greater impact that
we would have guessed from just a
conceptual view."
University officials distributed the
results to the General Assembly, the
Boardof Trustees, Orange County civic
and business leaders and the UNC Board
of Governors.
- Jones said that although the study
was not intended specifically for the
legislature, its results could help some
legislators understand the importance
of maintaining UNC's reputation.
"The study will be beneficial for the
legislature, but I wouldn't say it was
prepared solely for the legislature," he
said. "It was prepared more to demon
strate the importance of the University
in the state of North Carolina than for
fundraising purposes."
Luger said he expected University
officials to use the study to educate
legislators about UNC's impact. The
study was an objective assessment of
the situation, he added.
"Although we expected that the Uni
versity of North Carolina would have
an economic effect on the surrounding
community, we set out without any ex
pectations, as standard objective re
searchers," Luger said.
The researchers concluded that dur
ing fiscal year 1990, University spend
ing contributed to $766.9 million in
new business for North Carolina and
generated more than 22,100 jobs.
"Spending by University employees
and their families accounted for the
largest share of the total statewide eco
nomic impact" followed by University
purchases and construction, according
to the study.
The state's economy also benefits
from the University's ability to attract
the nation's top students and keep them
in North Carolina, the report states.
"(UNC helps) reverse North
Carolina's historic 'brain drain,' the
exodus of some of the state's best and
brightest to other states with greater
economic, cultural and intellectual op
portunities," according to the study.
Jones said the report emphasized the
effect of outside resources the Univer
sity draws to the state.
"Especially significant are the addi
tional funds that the University brings
from out-of-state," he said. "It means
new money flowing through the state,
instead of just recycling old in-state
money."
According to the study, 63 percent of
Triangle area businesses said intellec
tual, cultural, social and recreational
opportunities the University brought to
the area were important to their companies.
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Lawyers may settle
Yack case out of court
Staff report
HILLSBOROUGH Attorneys
may settler the Yackety Yack em
bezzlement case out of court, although
a trial may be necessary later in the
summer.
Tracy Lamont Keene, who was ac
cused of embezzling more' than
$75,000 from the Yack, UNC's 102-year-old
yearbook, was scheduled to
go to trial in Superior Court this week.
His attorney. Jay Bryan, asked Tues
day morning that the proceedings be
delayed.
B ut Assistant District Attorney Jim
Woodall said he didn't think a trial
would be necessary. "It's not a case
that's up to be tried," Woodall said.
"He admitted to it. He confessed."
Following his arrest on Dec. 5, 1991 ,
Keene told UNC police officers that
he had committed the crime.
Although criminal court cases typi
cally don't involve restitution,
Woodall said he would seek repay
ment for the Yack.
"I'm going to ask for restitution,"
he said. "Whether (Keene) has the
abil ity to pay, I don't know. . . . They're
trying to get some options for the
, judge.
"The Yack, the University, they
want restitution. (But) the criminal
system isn't set up for restitution, it's
set up to send criminals to jail."
If the case is brought to trial, it
would take place either at the end of
the month or in August, Woodall said.
The Yack's financial future is un
clear as it attempts to pay off a
$122,000 debt to Deimar, the Charlotte-based
publisher of the book.
Deimar has threatened to sue student
government and the University if the
Yack is unable to pay off its debts
from the 1990 and 1991 books.
Yack officials are hopeful that they
will receive loans from Student Con
gress or a local bank to help pay
Deimar.
Student Congress may approve the
.. creation of a special emergency dis
cretionary fund, from which the Yack
could borrow money. The fund would
; come from the Student Activity Fund
Office's annual surplus.
In addition, Yack , editor Shea
Tisdale has asked Chancellor Paul
, Hardin for more assistance in raising
money for the yearbook.
Tuition
from page 1
its national reputation, Rhodes said.
"They say we need the out-of-state"
students to bring more culture to this
system," he said. "I'd say a real naughty .
word for that one, starting with bull." '
Rep. Joe Hege, R-Davidson, said he
had reservations about such a signifi
cant increase in the cost for some stu
dents. Sharp rises in tuition can deter'
potential students, he said.
"I expressed a feeling in the commit
tee meetings that while I had advocated
an increase, I also recognized the chance
that there's a point when the increase
could cause a decrease in out-of-state
enrollment," Hege said.
Robinson said the loss of out-of-state
students actually could decrease funds
generated by the University. "If you
raise tuition enough, then they won't
come, and you won't have the rev
enue," he said.
Hege, a member of both the House
appropriations subcommittee on edu
cation and a subcommittee on univer
sity education, said the state should
have decided years ago to pattern tu
ition increases after inflation.
"I wish the issue of tuition increases
would have been discussed 10 or 12
years ago on a more gradual basis," he
said.
rMowauoiasuaaenwe reoeingnu
with significant increases. I am some
what fearful that a significant increase
in one year could have adverse effects."
Campus Calendar
THURSDAY
5:15 p.m. The Black Interdenominational Student
Association will sponsor a bible-study fellowship
meeting in the BISA office, located in the Wesley
Foundation Building, 214 Pittsboro St,
6 p.m. The Presbyterian Campus Ministry will
hold a cook-out at Umslcad Park.
MONDAY, JUNE 15
7:30 p.m. The Durham-Chapel Hill chapter of the
N.C. Network for Animals will hold their monthly
meeting at the Eno River Unitarian Universalis! Fel
lowship Church, 4907 Garrett Road. The topic of
discussion will be vivisection. For more information,
call 382-7311.
ITEMS OF INTEREST
The UNC Vegetarian Club sponsors free veg
etarian dinners every Wednesday from 5-7 p.m. across
from the Franklin-Street post office.
The Black Interdenominational Student Asso
ciation sponsors bible-study fellowship meetings
Thursdays at 5:15 p.m. at the BISA office in the
Wesley Foundation Building. Call 962-3333 for info.
The Campus Y is holding a series of brown bag
lunch-time discussions featuring resource facilitators
throughout the summer. Contact the Campus Y at
962-2333 for more information.
The Presbyterian Campus Ministry sponsors
. studentcook-outseveryThursdayat6p.m.atUmstead
Park. For more information call 967-23 1 1 .
International Student Orientation Counselor
applications are available at the International Center,
next to Great Hall in the Union. Undergraduate and
graduate students who are willing to return to Chapel
Hill Aug. 19 and who would like to assist newly
an-ived foreign students should apply.
Seniors and Graduate Students: If you have
accepted a job or will be going to graduate or profes
sional school next year, please stop by UCPPS, 21 1
Hanes, and complete a follow-up form. If you are still
job hunting, be sure you have resumes on file at
UCPPS, and call 962-CPPS to hear job openings.
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