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"For a Greater Loyola." THE MAROON ESTABLISHED 1923 VOL. 76 NO. 24 Loyola University New Orleans FRIDAY, MAY 1, 1998 Computer stolen from office in Bobet Hall By MICHAEL GIUSTI News Editor Two more campus buildings have fallen victim to burglary. Someone stole a computer from a professor's office in Bobet Hall Monday. A cabinet housing video equipment in Stallings Hall was also broken into. The video equipment was tied down with a cable, however, and was not taken. Roger Pinac, Public Safety investigator, said the cabinets are not strong enough to prevent a determined burglar from breaking in. "If you got a tool, a big screwdriver, a tire iron, whatever, you could make short work of a wooden door," he said. Pinac said it is hard to say why there has been a recent rise in thefts on campus, but he did say a computer was a logical thing for someone to take. "They are fairly easy to sell," he said. SnapShots GRAND PRIZE: Jessica Navay, communications sophomore. A waiter serves his customers at Cafe Du Monde in the French Quarter as the sun sets behind them. Navay's assignment, from Leslie Parr, assistant communications professor, was to portray the spirit of New Orleans. Increase in endowment stirs debate among faculty, administrators By NEAL FALGOUST Editor in Chief A million dollars never meant so much to Loyola. The university is faced with the daunting task of cutting nearly $1 million from next year's operating budget because of problems with retention and enrollment rates. But some faculty want to take another option and avoid cuts altogether by tapping into the university's $230 million endowment. According to Daniel Sheridan, associate provost, the university cannot adjust the tuition rate, financial aid budget or faculty salary pool because those are contractual agreements fixed early in the year. The only other options, he said, are to cut operating costs or to look to the endowment for extra revenue. Much of the university's endowment is invested in stocks, and the rise in the stock market this past year has sent an unexpected surge of money into the endowment fund, about $40 million. But many financial analysts agree that this trend will not continue much longer. Some faculty and administrators favor a plan to use money from the endowment to cover the projected shortfall in next year's budget while others say Loyola needs to hunker down through the tough times and use caution when talking about taking money from the endowment. Of course, problems exist on both sides. Cutting $1 million would ultimately mean cutting back on faculty and staff positions. But taking money from the endowment would require approval of the Board of Trustees, an unlikely scenario because of the board's Sheridan says 'bye' to Loyola Associate provost to take position as academic vice president at Maine college By NEAL FALGOUST Editor in Chief At any healthy university people come and people go, according to Daniel Sheridan, associate provost and religious studies professor. At the end of this semester, Sheridan will go. He will leave Loyola after 16 years in both administrative and faculty positions to take an administrative position at St. Joseph's College o Maine. David Danahai provost and vie president for Academi Affairs, does not ye know if the universit; will search for replacement for Sheridar He added that he wa happy Sheridan got th opportunity at St. Joseph's. "I'm very pleased," he said. "I think it's a good move for him. I wish him all the best." Sheridan said the offer to move to St. Joseph's came at the beginning of the month when the school approached him and asked SHERIDAN s Moving on to : Maine. TOP TEN STORIES OF 1997 - 1998 OTORREY LAWSON Lawson, communications junior, fought for his life after a severe accident in February. In a show of support, a slew of organizations came to his aid to raise money to help pay his medical bills. In the last few weeks, Lawson has made his way back on campus and has begun registering for classes next semester. 9 PENSION PLAN In order to help cut costs, university administrators dedded to offer a voluntary early retirement plan to some faculty. The plan was offered to full-time faculty whose age when added to the number of years worked at Loyola equals 80. 8 CAMPUS CONSTRUCTION With a topping oft ceremony, the J. Edgard and Louise S. Monroe Memorial Library entered a new stage of construction and took on a more recognizable form. Also, Residentice Life broke ground for a new state-of-the-art resident hall that would feature apartment-style living quarters. 7120-HOUR DEBATE The campus began debating the merits and faults of a plan that would allow departments to reduce graduation requirements to 120 hours. SGA twice passed a resolution in favor of a universitywide change to the 120 how standard. UNDERGROUND SAGA The year began with a promise for a renovated Wolt Pub that would offer computer hookups and a coffeeshop-like atmosphere. The year ended with the project still unfinished because of a slew of mechanical and architectural problems that ended in a flood of the area and another delay. 5 ENROLLMENT While admissions counselors boasted about the largest freshman class in the past 10 years, low overall enrollment problems still plagues the university and caused many to rethink the way Loyola calculates enrollment figures. BLACK STUDENT UNION A year filled with internal conflicts for the Black Student Union allegedly culminated in a fight at a meeting in February. After the confrontation, Vincent Knipfing, vice president for Student Affairs, removed the organization's executive board. Delesslyn Kennebrew was elected last week as the organization's new president. 3 NEW DEANS Robert Rowland resigned as dean in the fall. A year-long search ended in March when Frank Scully of Old Dominion College was chosen as Rowland's replacement. Edward Kvet was named as the new dean of the music school. BEGGARS RETURN Under the leadership of Renny Simno, communicationssenior, the Beggars fraternity, banned because of hazing, returned in the fall after 10 years off campus. 4| BUDGET CUTS Administrators may have boasted about a large freshman class, but low retention rates and low enrollment projections for the law school forced the Rev. Bernard Knoth, S.J., university president, to announce a $1 million cut from next year's budget. Salaries and benefits will face the knife, he said. See CRIME, Pg. 5 See MOVE, Pg. 4 See MONEY, Pg. 4 ' New palm trees replace College students discover Photo contest winners dead ones new outdoor announced. NO MAROON The Maroon will not appear next week. This is the last issue for the semester. We will resume publication in the fall.
|Masthead||The Maroon Vol. 76 No. 24|
|Publisher||Loyola University (New Orleans, La.)|
|Coverage||United States; Louisiana; New Orleans;|
|Source||Loyola University New Orleans Special Collections & Archives (http://library.loyno.edu/research/speccoll/) New Orleans, LA|
|Subject||Loyola University (New Orleans, La.)|
|Rights||Digital rights are held by Loyola University New Orleans. Copyright is retained in accordance with U.S. copyright law.|
|Creator||Loyola University (New Orleans, La.)|
|Relation-Is Part Of||http://www.louisianadigitallibrary.org/cdm/search/collection/LOYOLA_UMN|
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