European Stars And Stripes (Newspaper) - January 22, 1987, Darmstadt, Hesse Page 14 columns the stars and stripes thursday. January 22. 1987 borrowing for College a Gamble today s crossword by Ellen Goodman they May nol look like inc tort of people who play for High stakes. You May never see them at the Rou Lelle table idling the dealer to put the whole wad on number eight. But increasingly College students arc gamblers they re gambling that the degree they earn on Bor rowed Money will bring a payoff later. They re Gam bling that education will improve their future More than the ictus will Burden in. And All of us Are gambling with them. Today one third to one half of All College school in debt. The debtor class of Public col graduates owe an average of �6,685 apiece and in 1986 dollars what hey borrowed ten years ago. The portrait of these new High rollers emerged in report commissioned by the joint economic com Mittee of Congress it was not a Surprise to parents school or Public policymakers who have watched the numbers grow. But it brought same Subtle questions to Page one what will be the human costs of College debt for this generation As of Jan. I the ceiling on guaranteed student Loans has been raised so that a student can graduate owing More than si7,000. Yet the student who borrow this Money cannot predict How easy or hard it wit be 10 pay Back. Call the loan an investment if you pre Fer but it s also a Roll of the Dice. As the author of the report Janet Hansen writes at the Point ofarrow ing under loan programs As presently constituted Stu dealt cannot know what the real Burden of the Deb they Are assuming Wilt be they cannot know at 18, 19 or 20 what wages the will Cam at 25 or 30, they cannot know the future Rale of inflation that Friend of the debtor an future economic conditions Hansen writes arc not Only beyond heir knowing but beyond the knowing of our most sophisticated economic forecasters As the irony is that we have supported this Structure of Naves and have not those who have and have not debts out of a democratic desire to promote have Long regarded education especially College As the greatest Seveler up. The poor could educate their Way to equal footing. Indeed Lyndon Johnson the great Friend of student Loans borrowed his own Way through school. There is to this Day enormous Public support for borrowing if he goal Isa College degree. In the Reagan Era when outright Federal Grants tothe needy have been curtailed Loans have become the primary Way we offer equal educational opportunity10 the needy. But it is obvious that a Bachelor of arts with a 110,000 Lien on life does not begin Post Grad uate life on equal footing with one who owns the future free and Clear. Debt taken on to achieve equal Opportunity May become a greater Burden for women or minorities whose wages have been generally the Necit to pay this debt dictate career choices marital timetables numbers of children for this group wiil the debtors still be paying for school while their classmates arc saving for houses. How will debt color their economic attitudes toward further debt saving lanes social Security even Phi Lantro Phy we just Don t know. Given the Choice Between a do tort degree or none millions of our most ambitious Young Lake a dunce. But the recognition thai it is a Chance a risk a Gamble is gaining attention and anxiety. Hardly a week Goei by without some school or state or organization announcing an Experiment in alternative financing. Paying for College is at the top of Man family Agenda and it will surely nuke the issues list of any presidential is a country that has been All Loo casual per haps Loo optimistic about debt. The Federal govern ment is deeply in debt and so Are its citizen Consumers. Yet the very first lesson our Young May Lear from their higher education is How 10 borrow Money. Pc Bothi a Jota Wuhan Gen bit time running out on Oral Roberts by Joe Murray Lufkin Texas maybe like me you re concerned for Oral Roberts having read in he newspaper that Ood is holding him Ransom for 14.5 million. That s what in said. Moreover that s what . Last summer he warned his followers thai god bad old him he would not be on this Earth much longer if donors did nol provide scholarships for students a his cily of Faith medical and research Center. Now it seems Hal Lime is running out. Oral will be69 on Jan. 24. He Lold Hie television audience this past sunday he needs the $4.5 million in it s a Mailer of the Quick and the dead. I m asking you to help me extend my life he said. We re Al the Point where god could Call Oral Roberts he needs si00 million immediately. Nothing was mentioned about it having to be in Small Bills the rest can be pledged for payment during february an March. Listen scoff i can All but hear he scoff cars among you. But not me. I Don l doubt for one Momeni that cod would kill Oral. He is on record a that kind of cod. J be read All a boil it in a publication even More reliable than the newspaper involving a group dearer to cod than even Oral s medical students. The children of Israel were wandering in the wilderness fuse my among themselves about whether Moses was truly called by Ood to Lead them. Some Fellows by the name of Koran. Dalban and Abir Arn thought he was t. They thought wrong. That was too bad nol Only for them and their followers but Accord ing to who i read their wive and sons and Little great fissure swallowed them up along wit their tents and families and the Friend who were standing Wilh them and everything they owned. Sothey Well Down alive into sheol and the Earth closed upon them and they if thai seems unfair to you so also did in to the survivors god had allowed to live but the very uni morning All the people began muttering against Moses and a brother Aaron saying you have killed the lord s people the lord however saw in differently. Soon a great Tui Len mob formed suddenly a they looked toward the Tabernacle the Cloud appeared and the awesome glory of the. Lord was s anger went out among them and this time he unleashed a plague that killed no less than 14 700and that was with Moses pleading with him to go easy Bui Don t take my word for it. Check out the word itself chapter 18 of the Book of numbers As quoted above from the living course maybe it would have been a different Story had they been Able to come up with �4.5 Mil lion like Oral is trying to do. In his own Way i guess he is no different from Moses or moreover Korah Dathan and Abiram each trying to do god s will As he sees in. The Only problem is As noted cod May see things differently. 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