1994_04 The Daily Collegian April 1994

              **
Thursday, April 28,1994
THE COLLEGIAN
News—5
Credit cards: Students charge their
way from graduation to bankruptcy
I
College Press Service
Carbondale, 111. — As many
as one-third of college students
have the potential for serious
credit card abuse, according to
a study at the University of 111 i-
nois at Carbondale.
Although many students
graduate with debts that they
expected to pay, such as educa¬
tional loans, some could risk
going straight from graduation
to bankruptcy because of unex¬
pected financial burdens that
result from poor use of credit
cards.
Connie J. Armstrong, assis¬
tant professor in technical and
resource management, and M.
Joyce Craven, visiting assistant
third showed credit attitudes and
behaviors -that indicated future
financial trouble.
"A credit history can become ver^s)
well-known,It could hurt graduates
in their future careers because em¬
ployers have access to credit rat¬
ings."
—Joyce Craven	
professor in health care profes¬
sions-management, surveyed
243 students and found that one-
Some of those factors include
owning a large number of credit
cards, having multiples of the
same card, making minimum
payments on balances and be¬
ing unaware ofthe cards' inter¬
est rates.
"A credit history can become
very well-known,*" Craven said.
"It could hurt graduates in their
future careers because employ¬
ers have access to credit rat¬
ings.** A company might not be
as willing to hire a recent gradu¬
ate who has reached the maxi¬
mum 1 imits on all of his or her
credit cards,, compared with
someone who makes regular
payments.
Armstrong and Craven also
found that most students in the
survey were in debt not because
of educational expenses, but be¬
cause they used plastic to pay
for clothes, gas, entertainment,
travel, groceries and eating out
Only 3 percent of the charges
were for books or tuition.
They encouraged students
to avoid running up large
credit debts by limiting the
number of cards they hold,
shopping for jow interest
rates and paying off the bal¬
ance every month.
"Remember that the money
you're spending today is
tomorrow's income,'*
Armstrong said.
The Division of Graduate Studies
Announces
CALIFORNIA GRADUATE EQUITY FELLOWSHIPS
for
1994-1995
Grains ranging from $500 to $4,500
per Academic Year to Underrepresented
Graduate Students who qualify:
i
African American, Chlcano/Latino, Mexican American,
other Hispanic, Native American, Eakimo, FttUpino,
Padflc Islander, Wornerfand Studetri with Disabilities |
APPLICATION DEADLINE: Tuesday, May 31,1994
Contact: Helen Gal van, Thomas Admin. Bldg.,
Room 132,278-2448
y \
Chavez, from page 1
~^_j
me to forget everything, every¬
thing except love."
Another touching line was
from Tomasa Pacheco who was
in the nursing home. She brought
to life the reelings that many of
us probably r'on" t realize about
how it feels to be old and forgot¬
ten. "I want to go to sleep and
never wake up again," she said.
But.what was even more
amazing was the realistic qual¬
ity Chavez brought to each char¬
acter.
Joanna Bueno, a pre- med
major here at Fresno State*-said,
the characters of the little girl
and the older woman Were very
v
Look for the
NEW
COFFEEHOUSE
MENU
realistic to her She said "I liked
it because it was realistic, the
characters and their lives."
Bueno, who has worked with
children and nursing home resi¬
dents, said, "I see myself in
some of the characters.**
Chicano and Latin American
studies professor Dr. Juan Felipe
Herrera said he also enjoyed the
performance and connected with
Jtome ofthe characters.* He said
it allowed the audience to be
"able to connect us with our
own extended families," those
in society and family.
He also said he saw many of
his family members in the char¬
acters. He said he saw his aunt,
his mother and even a grand¬
mother that he never knew, "In
a sense I got to meet her," he
said.
Herrera said he felt mat with
Chavez' characters, people were
able to "meet lost souls," of those
who may have been forgotten in
society.
Another important part ofthe
performance was the issues it
seemed to bring up.
Psychology professor Dr.
Thomas Breen said the charac¬
ters and meu messages jwere: a
"vehicle*>stm*la*lltoe-ghtarid
dialogue about our culture ste¬
reotypes and getting beyond
that."
In a question and answer por¬
tion after the performance,
Chavez seemed to/agree with
Breen. She said one message
her characters are try ing to show
-is that "more than [just] the
fabric of our bodies," makes us
who and what we are.
THE COLLEGIAN
Home of real gum¬
shoe jourfialism
v
U
.
.
Be sure to get your
VINTAGE DAYS
$1.99
Mug
NURSES: $9,528
ayear
to train.
Nurse anesthesia or operating room training can get
you a $9,528 annual stipend with the Army Reserve's
NewSrjedalizedTrainWAssistariceP^       (STRAP).
STRAP can also help you complete your B.S.N.- or
earn a master's degree.
Thinkaboutit Then think about us. Then call us
toSTRAPyourselfin: ^
1-800235-2769! ext321
BIAUYOUCAMBC
ARMY RESERVE
c   •  ■
*: