1981-01-21; Central Michigan Life

              ■'■J   '. <-Fm>.V   I   I   l.i.l U   HI I »•■! .IH II
"iw't«[»»-"--"--WF"Tr,ir!w'-««»**-
*mmm
-w-T-»~W-epwf"-r—wep
Central Mich
Vol.62   No.48
©1981CMUPE
Mount Pleasant, Michigan 48859
16 pages
Jan. 21,1981
Hostages finally free;
CMU praises release
After 14 and one-half months
of negotiation's, a failed rescue
attempt and countless pleas
from families, the 52.Americans
held hostage in Iran are finally
on their way home.
Their departure Tuesday was
accompanied with confusion,
conflicting reports on the
takeoff and no official word from
either Iranian or American
governments.
The flight plan called
possible refueling stops
several    locations,    but
"/ think the money being given hack
belongs to Iran. They're not getting any
more than they deserve."—Robert
Hoffman, associate professor. Business
Education and Administrative Services
Algerian   plane   carrying
for
in
the
the
CMUKUohnnmttH
Residents of 708 Carey Hall show patriotism for the hostages.
(See related story page 3)
hostages landed for an 80-
minute fueling in Athens,
Greece.
The Boeing 727, carrying the
hostages, a second jetliner with
their luggage, and a smaller
plane transporting Algerian
officials departed from Athens
between 5:25 and 5:30 EST.
As of 9 p.m. Tuesday the
hostages had landed in Algiers
and from there' were headed to a
U.S Air Force hospital in
Wiesbaden, West Germany, a
1,000 mile flight that usually
takes about three hours.
The release of the hostages
came after an order from former
President J ijftmy.Carter tp start
moving frbzeirlranian assets.
Iranian officials promised to
release the hostages after the
money to be returned to them
was in a mutually agreed upon
bank.
Problems with lawsuits that
caused difficulties with previous
negotiations were, for the most
part, solved when U.S. banks
dropped charges seeking
payment of money they contended Iran owed or defaulted
loans, while Iran would use some
of its returned assets to repay
outstanding claims.
Billions of dollars have been
put in escrow for Iran in the
Bank of England, finally
satisfying Iran's demands to
return approximately $10 billion
in assets frozen by Carter
following the Nov. 4, 1979
capture of the hostages.
Robert Hoffman, of the CMU's
Business Education and Administrative Services, said he's
glad the hostages are freed.
"I think the money being
given back belongs to Iran.
They're not getting any more
than they - deserve," Hoffman
said.
He   added    he    thinks   the
agreement makes the United
States look fair in determining a
settlement by just giving the
assets back.
Dale Gust, also of the Business
Education Department said, "I
guess as long as we haven't
given them a ransom, meaning
more or less money than is
theirs, it's a good switch."
Gust added he thinks
everyone is happy to see the
ordeal finally over, but felt the
deal could have been handled
more smoothly.
"This bit with the assets could
have been done easier and
quicker," Gust said. "People
must have had a handle on
things to know what's going on."
Carter reportedly spent his
last night as president in the
Oval Office working on last-
minute bargaining to free the
hostages.
He wanted to welcome the
hostages home, but word did not
come of the arrangements to fly
the hostages out Of Iran until
after Reagan was sworn in as
(See "Hostage"—page 2)
Students seeking loans may be out of luck
by PHYLLIS JENNINGS
LIFE Staff Writer
Students applying for Direct
Student Loans for the rest of
this school year and summer
school are out of luck.
Michigan's Direct Student
Loan Agency is in financial
trouble, according to Ronald
Jursa,    director    of    student
financial assistance services for
the Michigan Department of
Education, and the poor state of
the economy is at the root of the
problem.
With more than four months
left in the 1980-81 school year to
go, the agency will probably run
out of money by April.
As a result, loan application
processing is being suspended
from Feb. 1 to May 1.
Jursa said applications
received in Lansing after Feb. 1
will not be processed.
"We'll process all of the applications we receive by that
date, however long that may
take us," Jursa added.
"We already have a backlog of
four to five Weeks."
CMU's Financial Aids
Director Robert C. Walling said
last week his office "will still
accept SDSL applications, but
we can't guarantee they will
reach Lansing by Feb. 1."
Walling also predicted there
will be no loans for summer
school, because the program
won't start processing again
until May 1.
Jursa said he thought "most
students have received what
they needed from the program
for this school year anyway, so
not that many will be affected by
this."
The main reason for the
money shortage is simple, Jursa
said. "More students applied for
money this year.
"Last summer our agency sold
revenue bonds to authorities in
the loan market. But due to the
unpredictable and difficult
market conditions since the
summer, we haven't been able to
get bids and sell bonds. High
interest rates and no investors
are at the root of the whole
problem," Jursa said.
Revenue bonds are bonds
issued by a public agency
authorized to build, acquire, or
improve a revenue-producing
property (as a toll road or a
water system) and payable
solely out of revenue derived
(See "Loans"—page 15)
Unidentified donor offers
downpayment for J.R.'s
by JOHN BARNES
LIFE Ass't. News Editor
An unidentified "person in the community" has
offered to donate an approximate $45,000 down
payment to CMU should the Board of Trustees
approve the University purchase of J.R. Win-
fred's, President Harold Abel said late Tuesday.
The Board will be asked to approve an administration to purchase the bar, which is located
at 3695 E. Broomfield Road, at its meeting today,
according to Jerry Tubbs, vice president for
business and finance. The meeting starts at 9:30
a.nu in the President's Conference Room of the
University Center.
The building, if acquired from owner Dave
Hunter, is estimated to carry a price tag of "in the
(
neighborhood" of $500,000, said Tubbs, who has
been negotiating recently with Hunter.
Abel denied the down payment gift would be a
consideration in the Boards discussions today,
saying he instructed the individual "to hold that"
until some later point when conditions might
necessitate it.
Abel, who would not identify the individual he
called "a supporter," said the offer was made
during discussions concerning the possible
purchase of Winfred's.
However, "I stopped him in the middle," Abel
said, adding he told the person that such a gift
may not be necessary.
But Public Broadcast Director William
Grigaliunas, whose department is a chief candidate to occupy Winfred's should the University
(See "Winfreds"—page 15)
Memorial set for student
Grace Meyers, a former
CMU student for two and one*
half years, died Sunday from
bone cancer. She was 20 years
old.
Meyers, of Traverse City,
attended Central from 1977
through 1979. After overcoming a bout with cancer in
eighth grade, Meyers was
again stricken in the fall of
1979 and unable to return to
Central.
A Sweeney Hall resident
for two years, Meyers'was an
active student, participating
on Sweeney's dorm council
for one year. She also enjoyed
several " outside    activities,
including skiing and singing.
A 1977 Traverse City High
School graduate, Meyers
participated in choir prior to
attending CMU.
Meyer's scholastic interests were in the field of
speech. She planned to major
in Communication Disorders
with an emphasis in speech
therapy.
Maria Johnson, Omer
senior, roomed with' Meyer
during their freshmen year in
Sweeney Hall. Johnson
described Meyer as being an
outgoing, friendly and vibrant
individual.
"She was pretty crazy and
she had a pretty good sense of
humor. On our floor, she was
kind of known as the floor
clown. She was a lot of fun to
be around.
"And she was active —she
loved to dance. She liked to
listen to Barry Manilow a lot,"
Johnson added.
Meyers is survived by her
parents, John and Joanne
Meyers, and two brothers.
Jay and Paul.
The funeral is today at noon
at the Immaculate Conception
Church in Traverse City.
Friends of the deceased ask
that donations be sent to the
American Cancer Society.
J
In Brief
The Isabella County Health Department is
sponsoring blood pressure screening and
monitoring clinics at 1220 North Dr. on the
second and fourth Wednesday of every month
from 9 a.m. to noon.
There is no charge for the clinics, but appointments must be made by calling 773-5921.
Campus
CM LIFE photographers
take a look at parking
chaos in the Anspach lot.
page 14
Sports
While hoping to gain
a league victory, the
CMU men's basketball
team hosts Eastern
Michigan Wednesday
night in Rose Arena.
page 11
Index
Arts and Leisure 8
Classifieds. 15
Comment '  4
Doonesbury ............. 4^
Horoscope. 15
Off the Wire  2
Sports ....'. ■, .11
Spotlife 15
i >'=
artMM*
—l____._^_W_—imi——i
1'
■wmm jMu..i»ij