2—The Daily Collegian Thursday. April 12. 19R4
Residence halls celebrate spring
Spring week turnouts have been large in 3 dorm areas, representatives report
By KAREN NAGLE
Collegian Staff Writer
Turnouts for "spring weeks" be
ing held in three residence hall
areas this week have been large,
student government representa
tives from each area have reported.
Students in North, East and Pol
lock/Nittany Residence Halls are
celebrating spring by participating
in the special activities planned for
them by their area governments.
Tami Mohney, president of North
Halls Residence Association, de
scribed the turnout for North Week
so far as excellent. The event began
on April 7 and will end April 14.
The prestigious annual Emperor
of the North contest is off to a good
start with 15 aspiring blue-bloods
seeking the royal throne, she said.
Mohney said the contest is com
posed of 69 events, each with differ
ent point values. The participant
with the highest number of points
will win the contest, she said.
However, the road to the coveted
crown is not an easy one. Mohney
said a. sampling of events includes
"swimming" in the HUB Fishbowl
and making "fishfaces" at the peo
ple there; sitting in front the Penn
State Bookstore on campus and
barking like a dog; crawling on
hands and knees up the mall on
campus; buying an ice cream cone
and smashing it against their fore-
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when you buy a book for Easter.
Spring into books at the
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on campus
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heads; and putting a propeller on
their noses and then flying like an
airplane up the mall.
Mohney said students may still
enter the Emperor of the North
contest, which is open only to North
Halls residents. The victor will be
announced between 10 and 10:30
p.m. •April 14 at Zeta Psi, 225 E.
Foster Avenue.
Events held for North week so far
include a water balloon toss; tug-of
war; the first round of the "room
mate game," which is similar to the
"Newlywed Game;" a blood mobile
competition; a basketball shooting
contest; a dance; and a relay race
called "college capers."
An all-day concert will be held
The Fun Is For Everyone!
GREEK WEEK 'B4
Skits Tonight!
7-9:30
Pollock Rec. Room R• 313
(;_Gri . .. . - •: . • C, : X ..: . .. ii).
c,
Pet Emporium
. 0 ' , - - .;• l ‘'"N
1
) •••._,, ..t , .
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from noon to 7 today on the basket
ball courts. Bands for the event are
BCS, The Deacons, Bookends and
Vitamin Z. In addition, a wrist
wrestling contest and midnight jog
are planned.
Tomorrow, residents will com
pete in a pie-eating contest and the
final round of the "roommate
game." On Saturday, a game called
the "Daily Grind" and a talent show
will be held.
East Residence Association Pres
ident Kori Staudt said 56 of a total of
60 houses in East Halls are partici
pating in activities. The houses are
competing against one another in
the events, she said.
East Halls kicked off its spring
• 6,T,6, • AO • ATA • MD • AL& • AO • OTO• MD • AMA •
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rascals), c.
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4 Our gang is the best in the i .- 3
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<4 We're 0-tay! e
• Love, the Alpha Phi's •
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• MD 0 STA 0 MD • ATA • MD 0 ATA • AO 0 ATA • AvD 0
UNIVERSITY CALENDAR
Thursday, April 12
P.S. Labor Studies Club'presents a Student-Trade Union Conference Day,
10 a.m. to 5 p.m., Room 301 HUB.
Student Assistance Center meeting, 4 p.m., Room 319 HUB.
HUB Eateries, Founders Room special dinner, 5-7 p.m.
American Society of Civil Engineers meeting, 7 p.m., Room 207 Sackett.
New Life Christian Fellowship meeting, 7 p.m., Room 305 HUB.
Health Planning & Admin. Club meeting, 7 p.m., Room 323-324 HUB.
Transfer Laison Corp. meeting, 7 p.m., Room 320 HUB.
Undergraduate Entomology Club meeting, 7 p.m., Room 118 Sackett.
Outing Club-Equestrian Div. meeting, 7 p.m., Room 318-9 HUB
P.S. Water Ski Club meeting, 7 p.m., Room 314 Boucke.
Alpha Kappa Psi meeting, 7:15 p.m., Room 217 Willard.
P.S. Sailing Club meeting, 7:30 p.m., Room 106 Boucke.
Black Students United for Progress in Science meeting, 7:30 p.m., Room
320 Boucke.
Management Club meeting, 8 p.m., Room 217 Boucke.
ARHS Central Court meeting, 8:30 p.m., Room 307 HUB
week on April 6 with a dance. Other
events have been an all-day con
cert, an ice cream social, a coffee
house, a pie-eating contest, ice
skating and a talent show.
Tonight, residents will take ad
vantage of the nice weather with a
water balloon toss and all-night
movies. Tomorrow evening, houses
will struggle against one another in
a tug-of-war in the Findley Quad.
Volleyball preliminaries and an
obstacle course game called "Late
for a Date" will be held on Satur
day. The final volleyball games will
be played on Sunday.
In Pollock/Nittany residence hall
area, activities began April 7 with a
semi-formal.
d•~~-eEru?%r
Proposed appeal to ICC
may OK bus fare increase
By DAN LEVINE
Collegian Staff Writer
Although the Pennsylvania Public the proposal to the ICC next week and
Utilities Commission rejected Grey- the Commission will have 60 days to
hound Bus Lines' proposed rate in- decide the case'.
crease, Pennsylvania may still see its
bus fares increase.
Greyhound plans to submit an ap
peal to the Interstate Commerce
Commission next week which, if
passed, would raise the. company's Robert Longwell, assistant counsel
'state fares 15 percent. • to the PUC, said the ICC has over4 i
The increase, which would give the turned a substantial number of cases •
company an additional $1.2 million in which the PUC rejected.
annual revenue, was rejected by the "Almost every time the state ha
PUC on March 16 on grounds that the not allowed a rate increase and thq
company had not proven the need . for common carrier has appealed, thd
the rate hike. ICC has allowed the rate, increase to
"The PUC.believes the company's go through," Longwell said. "The e
current revenue is sufficient because ICC consistently overturns the state's
the firm is saving money from recent decision and allows the rates to in-:
wage cuts and from the dropping of crease."
unprofitable routes,", John Frazier,
information spokesman for the PUC, Frazier said the controversy over
said.
Greyhound's proposal began in Fetid
~.
Greyhound, however, still believes ruary when PUC Administrative Law
its increase is legal and reasonable Judge Robert A. Christianson recom
and will propose the same rate in mended the PUC reject the rate .in
crease because the company had ij
crease to the ICC.
Leslie White, director of public proven the need for additional reve
. , <
relations for Greyhound, said the Bus nue.
Regulation Reform Act, passed b y Greyhound disagreed with Chris-
Congress in 1982, allows companies to tianson and filed exceptions which
raise their intrastate fares to the stated the judge's errors in his me - ,
level of their interstate fares. ommendation, Frazier said.
"We are not doing anything that is When the PUC reviewed the case'on
not reasonable, especially given the March 16, the Commission decideci;fp
status of the Bus Act," White said. uphold Christianson's recommend
" Greyhound has shown a need to tion.
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raise its Pennsylvania fare to the
level of the out-of-state fares."
Although White could not predict
whether the ICC would overturn thet
PUC's ruling, she said the ICC over;
turned similar cases in Arkansas and
Tennessee.
1630 S. Atherton St.
(At University Drive)
White said Greyhound will submit
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1984 Ponderosa, Inc.
Plastic cash cannot replace the real thing, prof says
''By TANJA KOR
Collegian Staff Writer
The concept of an American "cashless
''society" that became popular with the in
-I'2 ception of credit cards could not become
'/ reality because too many transactions re
quire currency, a University assistant pro
fessor of finance said recently.
"Credit cards could replace currency only
cif every transaction can be completed with a
credit card," Gautam Vora said, citing
vending machines, lending and many small
)?purchases as examples of transactions that
'cannot be carried out with credit cards.
Vora said credit cards could not replace
currency because the cards do not perform
,:all the functions currency performs.
,;: "Credit cards are essentially a line of
.Lcredit," Vora said. "The company has to be
persuaded of your credit worthiness. The
::.medium of transaction is the credit, not the
Survey shows most students use aid to pay tuition
By ANITA J. KATZ
etilleglan Staff Writer
• Among 1980 high school graduates
enrolled in postsecondary institutions
inil9Bl-82, 75 percent used some form
offinancial assistance to pay for their
education, a recent survey shows.
,4 survey conducted by the National
:enter, for Educational Statistics
(N.CES) reports that 11 percent of the
gtiidents used three forms of financial
The Knothole
11 1
Vora added that the card, because it is a
symbol, is neither a standard of mea
surement nor a store of value. Because not
every person in the country can possess a
credit card, it could never replace cash, he
said.
In addition, Vora said that while currency
has only an opportunity cost, the credit card
has two costs; the cost accepted by the user
and the cost accepted by the buyer.
"The store accepting the credit card has
to pay 3 to 7 percent of the transaction to the
credit card company," he said. Therefore,
many small businesses do not accept credit
cards.
Also, Vora said store owners can now
legally impose service charges to credit
card owners.
"The law forbidding the service charge
has expired," he said. "So at the moment,
store owners can charge lower prices to
cash payers."
Credit card owners will discontinue using
aid earnings, grants and loans to
pay for education costs. Twenty-six
percent used combinations of two
forms, and 37 percent used only one.
Only 25 percent used none of the
forms and presumably relied on their
parents to fund their education, the
survey said.
C. Dennis Carroll, chief of NCES's
longitudinal studies branch, said the
survey was one of several studies
based on the same group of students.
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Carroll said base-year data for the
study were collected from a sample
of high school seniors in spring 1980.
Questionnaires completed by the
same students in 1982 about how they
financed their postsecondary educa
tion formed the basis for the center's
report.
NCES is a federal agency' that
"generates the numbers used by poli
cy analysts, educational analysts,
researchers and academics," but is
107 E. Beaver Ave.
234-3314
Daily 9:30-5:30, Thursday until 8 p.m
the cards if the law is not reinstated, Vora
said.
"It is proven beyond a shadow of a doubt
that the public wants to control its own
account and that's only possible through
checks." David B. Lee, president of Peoples
National Bank, 117 S. Allen St., said.
"It was thought that credit cards would
alleviate the problem of paperwork," he
said, "but the cashless and checkless socie
ty has not progressed like people thought it
would."
Lee said that while credit cards did not
become as universally accepted as was once
thought, automated tellers have become
much more popular than expected.
"Younger people seem to prefer automa
ted tellers," he said. "Twenty-five percent
of our transactions are done on the automa
ted teller."
Lee said there is currently no charge for
using an automated teller but a charge may
be imposed in the near future.
not involved in policy decisions, Car
roll said.
According to the survey, earnings The survey also reports that for all
were the major part of student contri- family income levels, the use of more
butions to education costs. Twenty- than one source of funds tends to
four percent of the students used only increase with higher education costs.
earnings, and an additional 56 per- More students attending private
cent used combinations of earnings, and public four-year institutions rely
loans and grants, to finance their on multiple sources of aid than do
education. those attending vocational schools
"Earnings," as considered by the and public junior colleges, the survey
survey, include wages from employ- shows.
preparth.
You wouldn't go camping without a tent, show up at an exam
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"Right now, the banks will absorb the
costs of educating the public we don't
want to scare them off." he said.
James Herendeen, University professor
of economics, agreed that credit cards have
not completely replaced currency because
they cannot be used in every transaction.
"The credit card owners must face the
danger of paying 20 percent interest if they
don't pay their bill in the 30-day grace
period," Herendeen added.
However, he said credit cards will be used
even when the cash discount law becomes
valid.
"Travelers use a lot of credit cards be
cause outside their local community they
can't cash a personal check," he said. "The
only thing that may replace credit cards are
cash cards." •
"People will use cash cards instead of
writing checks," Herendeen said. "A com
puter in, say, San Francisco will be able to
immediately check your account in State
ment and work-study programs and
gifts from relatives.
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The Daily Collegian Thursday, April 12, 1984
`Credit cards could
replace currency only if
every transaction can be
completed with a credit
card!'
—Gautam Vora, University
assistant professor of finance
College."
Atta Walk, owner of Walk's Arco station,
535 University Drive, said she has not ac
cepted credit cards in two years and "busi
ness has gone up."
Randall Edwards, employee of the Skat
Oil Co., 2146 E. College Ave., said that sales
have neither increased nor decreased since
he stopped taking credit cards. Edwards
said he will continue the .cash-only policy.
Borough will
flush mains
The State College Borough Wa
ter Authority will begin to flush
area water mains on Monday,
April 16, a spokeswoman for the
authority said yesterday.
Bonnie Fohringer,, office man
ager/secretary, said the flushing
will begin in the Shingletown area,
continue for about 10 weeks.
—by Dan Levine