University of Utah Student Newspapers | 2010-02-03 | Page 3

DAILY UTAH CHRONICLE Wednesday, February 3, 2010 3 Business forum Man pleads guilty to brings real-life entering student's home experience to U GROUNDHOG continued from Page 1 Joe Krumm, a sophomore in chemical engineering. Many students also don't believe in the rodent. "I don't really trust a groundhog," said Casey Morgan, a junior in English. "It's Utah—the bad weather is going to happen either way." Corbin said he couldn't care less about six more weeks of winter. "If it were six more years, then it would be different," he said. "The only good thing that came out of (Groundhog Day) was the movie. Bill Murray is fantastic." Although the holiday's plausibility is questionable, it has been continued for years. "I think it's funny," Krumm said. "I like the groundhog." Michael McFall NEWS EDITOR Ryan Howell STAFF WRITER Many of the business world's future leaders converged at the U last weekend to talk shop. The Rice-Eccles Stadium was host to the University Venture Fund's seventh annual University Private Equity Summit, a conference that included speakers from the business world and businessrelated workshops. The summit included entrepreneurs, investors and students from more than 5o universities. Panels looked into various topics such as clean technology, private equity and many entrepreneur-focused topics. The UVF is a pool of money that students and venture capitalists use to give students real-life experience in venture capitalism. Students use the fund to invest in private equity deals with the help of professional mentors, who collaborate with the students to utilize consumer trends and fresh views from the students. The UVF is managed by a board of directors, including Taylor Randall, dean of the Eccles School of Business, and Jack Brittain, vice president of the Office of Technology Venture Development. In addition to the board, students from various universities are enlisted as associates to help the process—more than half of the associates are U students. "The forum is such a great experience and is a great resource to find out about big topics that are in venture capitalism today," said Nathan Cannon, a senior in economics and physics. Cannon is also an associate with the venture fund, which he said is a great tool to prepare him for the next step in life. [e-mail] ASUU continued from Page 1 hiring for the positions would start by the end of the semester. "We've already had quite a bit of interest in it since it's passed," Clough said. "I take that as a good sign." Beyond that, annual events this time of year such as Rock the U and the Conference on Social Awareness—which is Sat- legs. Howell was crouching at the base of her bed, but he ran from the house when Hutchings screamed. Salt Lake City Police Charles Vernell Howell Jr. might spend officers later arrested Howell and sent the rest of his life in prison, giving one U him back to Utah State Prison. "This is basically sending him student peace of mind. Howell pleaded guilty Tuesback to the parole board," said day to attempted burglary, a Matthew Lloyd, the prosecuting third-degree felony, for entering attorney. the home of Kristina Hutchings, It feels good for it to all be over, a junior in vocal performance, Hutchings said. She and her husthe night of July 24. band, Jake Hutchings, a junior in Third District Judge Robin Reelectrical engineering, said this ese sentenced him the same day gives them at least five years withto serve up to five years in prison, out having to worry that Howell Charles Howell on top of the up-to-life sentence is out there. he's serving for raping a woman in 1995. Howell was originally charged with the Howell was on parole for that crime attempted burglary as a second-degree from Utah State Prison at the time of the felony, which carries a sentence of up to 15 attempted burglary. years, but it was lowered to a third-degree Hutchings woke up that night when felony as part of his guilty plea. she felt someone rubbing her feet and [e-mail] m SHUTTLES continued from Page 1 Center keeps me from having to stand out in the cold," she said. Union Services employees said the tracking system seems accurate, and students use it frequently. Shuttles of- urday—usually have large turnouts, and Clough plans to organize another spring event that he hopes can garner just as much interest as previous years. He and Rachel Rizzo, ASUU vice president, also plan to organize a health care forum for students this semester. "A lot of it will be (about) how can you get health care (and) what options are available to you," Clough said. The forum, which he hopes will be intercollegiate, will likely be in late March, he said. A lot of students at the U are parents or financial independents, so there needs to be a discussion about health care and whether it should be mandatory for students, Rizzo said. Clough said he'd like to encourage more student involvement with ASUU, such as the e-mails and calls he's received about the mentoring program. "I don't know that students realize just how powerful their voice is," he said. [e-mail] INVERSION EDUCATION continued from Page 1 continued from Page 1 causes the inversions. But for this study, they will be focusing more on the little details, Horel said. A good snowstorm, followed by clear skies and stable conditions, will set up the inversion, he said. That type of situation causes temperatures to drop near the surface, and the air higher up will be warmer and trap pollutants because the air does not mix, he said. During the next few months, researchers will scout areas in the Salt Lake Valley where they can collect data concerning wind, temperature and moisture, Horel said. After February 2011, they will input the information into simulators so they can analyze the data and how it changes from the surface of the valley up to crest of the mountains, he said. Horel said he hopes to recruit both undergraduates and graduate students to give them the opportunity to participate and gain experience in field research without having to travel across the country, he said. The U is offering a special course Spring Semester to have students do the beginning work of the research, he said. "Some of our graduate students go to various places across the country to participate in field research," Horel said. "Since this one will be here in Utah, it will be much easier to participate." Students who want to learn more about the study or to volunteer can become a fan of PCAPS on Facebook. class education," Obama said during the speech. "We eliminate a wasteful subsidy to banks that lend to college students and use that money to revitalize community colleges and make college more affordable. This will help us reach the goal I've set for America: By 2020, we will once again have the highest proportion of college graduates in the world." The most drastic change for U students is an increase of $17 billion toward the federal Pell Grant system, bringing the total aid to $35 billion nationally. For Utah students, that means $334.6 million in grants for tuition, living costs and books, according to budget documents. "We don't know yet how they came up with that number and how that will impact eligibility for students," said John Curl, director of the Financial Aid and Scholarships Office. "Right now, the number sounds great to students, but we're not sure how that money will affect U students." For the 2009-2010 academic year, nearly 5,600 U stu- [e-mail] 7////////////////////////////////////h SUBSCRIBED? Become a fan of The Chronicle on Facebook } Follow The Chronicle on Twitter { ten do not show up at the exact times printed on the route schedule, but they do show up right when the monitor shows they will. Maureen Keelin, a shuttle driver, said that for the most part, shuttles are on time. "During the busy parts of the day, traffic can slow us down, so it's impos- )tillir dents used $20 million in Pell grants. The grant, which formerly only allowed students to receive aid during the Fall and Spring semesters, was changed in 2009 to include the Summer Semester, which could increase the amount used by students, Curl said. Prior to the passing of the Federal Recovery Act and the 2009 appropriations bill, the maximum amount allowed to students in the United States was $4,750 per year, but that amount was increased to $5,550 for 2010. The new budget will increase that amount further to $5,710 per academic year, meaning a student could potentially receive $2,855 per semester, including the Summer Semester because the amount resets each year, according to the budget documents. "The buying power of the Pell grant has been diminished over time because of the increasing costs to students of tuition, living costs and books, so it's good to see the Pell going up to help students again," Curl said. "We have to be cautious because we know that sometimes they look for other places to pay for the program. I'm just wondering if other programs will be cut to allow for this." [e-mail] BILL continued from Page 1 fire here." Hillman referred to the bill as "irresponsible and very destructive," since the federal government could cut Utah off from all federal Medicaid funding as a response to the legislation. Kim Wirthlin, U government relations director, told the committee the School of Medicine and U health care system could face severe consequences, such as an inability to train medical residents, if such a nightmare were to be realized. The medical college had to cut 20 seats from its incoming class last year because the Centers for Medicare and Medicaid Services discontinued $to million of its funding for the college. The college also raised individual tuition by 15 percent. At the time of the funding fallout, Wirthlin said she $26,00 to $156,000 a year or more, it's up to you... Insulation Specialists 2010-2011 New Student Enrollment Lottery February 19th - Call Now! 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Besides that, Hillman said losing Medicaid funding would mean an "unraveling of the health care safety net." Emergency rooms and health care providers wouldn't be able to function, she said. Now that the bill has passed a House committee, the full House must give it a second approval before it moves to the last legislative hurdle, the Senate. "It is the duty of the state of Utah to fight against encroachments on the state's sovereign power," Wimmer said. It's time for the state to take a stand, he said. NE LY OPENED da ily newsletter Too Good to Remain Salt Lake's Best Kept Secret! ing.utah.edu/shuttles/shuttleTracker/ index.html. [e-mail] twCtte.r.co-mitheClewco-vvy I Register for The Chronicle's } CITY ACADEMY sible to always be right there when we are supposed to," she said. Anyone with an Internet connection can use the live shuttle-tracking system on the U's website. 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