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Show VOLUME XXXIV • NO. XVI WWW.NETXNEWS.NET MONDAY • JANUARY 23 • 2006 Iri addition to this week's paper see our Bridal Issue on stands J Wednesday Round Ball Wrap-up A12 Remembering Dr. King MLK Commemoration highlighted by SPLC founder Morris Dees John Ditzler enforce the Civil Rights Act of 1964 and the Voting Rights Act of 1965, Dees and the SPLC have won multi-million dollar lawsuits against VSC's 12th Annual Martin Luther King, Jr. Commemoration Jan. 10- such hate groups as the KKK and the Aryan Nation, effectively curtailing their violent 11 began with a screening of MLK activities. Jr.'s famous "I Have a Dream" Dees deplored the recent speech, followed by keynote speaker Morris statement by former U.S. Dees. The first Galbraith/Donner scholarship was awarded to student Joey Mayes, and the Secretary of EducaMLK Jr. Award for the Advancement of Jus- tion and former Drug tice and Human Dignity was awarded to In- Czar William Bengrid Guzman. nett who said on his Guzman is the director of Centro Hispano in syndicated radio talk Provo, which primarily assists Hispanic comshow, "If you wantmunity members struggling through a lan- ed to reduce crime guage barrier to integrate comfortably. ... you could abort According to the organization's Commu- every black baby nity Representative Robert Gosper-Espinosa, in this country Centro Hispano "offers assistance and referand your crime rals for family problems, especially domesticrate would go violence, food and nutrition, cultural activi- down.11 Benties, immigration, mediation and legal advice, nett is the employment, translation, housing and teachauthor of the ing English." best s e l l i n g Keynote speaker Morris Dees is the co- "The Book founder of the Southern Poverty Law CounChad Clark/NetXNews See MLK* A3 cil, which conducts pro bono legal work to SPLC co-founder Morris Dees Executive Editor U Miss UVSC misses the point This pageant has been postponed until March 2, but our Opinions Editor hope; '''y'.-^X- its postponed permanetly. A7, ;^f# . " , . • . _ - , ; • \ . - ' ' - - • * , • > / - • . - - Sundance Film Festival Boys will be boys Whether you are hoping to discover new creative directors and films or just search for the stars, the Sundance Film Festival offers fun for everyone. A7 A Wolverine on Leno? V- UVSC's own Noelle Pikus-Pace stopped by The Tonighf Show recently, and The Wolverine has all the details. All Who needs a significant other? / Am My Own Wife, the story of one man's survival during the 20th century's two most brutal regimes - Nazi Germany and Soviet East Berlin - all in women's clothing. A7 Chad Clark/NetXNews UVSC's School of Business raised money with their annual Pinewood Derby in conjunction with Homecoming Week. Part 2 of a 3 part series Budget cuts threaten financial aid Less money to go around and higher interest rates too Jon Long News Writer To millions of Americans looking to attend school and those that already do, private lenders are willing and ready to finance their education. With the possibility of an interest rate increase and student aid funds decreasing, what will • Career Fair, 10 am - 3 pm, Grande Ballroom the future cost be for education? As the possibility of the biggest cut in • Health risk appraisals, 9 am - 1 pm,-stj^-pfa I financial aid history is decided in February, it could leave some students looking for private lenders to help finance the cost of college. These lenders can be more costly and charge a higher interest • Urah Valley Symphony, 7:30 PM, ''$?£$; y y Provo Tabernacle : v . v rate, which would cause students to inProvo Tabernacle cur more debt to be paid back after they finish school. • Steve Benson, Political Cartoonist, 11 am, A Yahoo search listed over three mil: PE 101 ;.•'•"• :*>$;••*'• :;-r*+-::..\?.i:>>'; -">v>Vy. lion links to private lenders. The dis•"Much Ado About Nothing", 7:30 PM; Provo Theatre Company V: > • advantages of private lenders are the increasing cost of interest on LetUtah'sSenatorsknowhowyoufeel: student loans. Currently the national cap is 6.25 percent; the • Sen. BobBennett'sofficenumberis801 -851 -2525 Budget Reconciliation • Sen. Orrin Hatch'sofficenember is801 -375-7887 Act proposes a raise to 8.25 percent, and some private lenders are already under question for charging a higher interest rate on stu- the market. dent loans. The market of providing student loans One such lender is Sallie Mae, who has become big business. A $30 billion holds the largest amount of student loans a year market that is being bought up by today. A reported $81.6 billion is on Sal- larger lending companies. lie Mae's balance sheets and another $39 The danger comes from a consolidated billion in trusts is not shown, as reported market and the ones that suffer potenby Fortune Magazine. Sallie Mae's stock tially are the low and middle-income has returned over 1,900 percent, making See MONEY »A3 it one of the most profitable stocks on |