Maroon

              maroon sdfasdf Erratic stock market no problem for students GRETCHEN MC MAHON Staff Reporter Loyola is not the place to look for potential stock market investors. In a recent straw poll, only five percentofthe Loyolastudents interviewed said they directly invested in stocks and securities. But almost 55 per cent of those students whose parents invest in the stock market also own stock that was bought for them by their parents. About 90 percent of the parents are investors. For those students who do play the market, utilitiesandfixed income securities such as treasury and corporate bonds were the favorite investments. None of the students polled had ever considered any of the so—called glamour stocks such as Polaroid and Avon, because they felt them to be too great a risk. This type of stock fluctuates the most in an unstable economy. And with the market suffering its worst year since the Depression, and inflation eating away 12 cents of every dollar each year. .. .there is no doubt that the economy is unstable today. Most Loyola students do not really keep up with the stock market's condition. The main source of knowledge of the market among students is television news shows. On the other hand, students whose parents own stock said their parents do keep up with the market's progress. And most of the students said the faltering market did notaffectthe amount of money they received from home. Apparently the investments are not made to finance an offspring's education, but rather to provide financial security in the future. The students whose parents play the market felt that allowances from home were based more on a student's need rather than the success of the stocks. Loyola students ara not haavy stock market investors, a MAROON survey shows. 0 u 1 5 5 2 O o £ a Probation aid offered but not accepted MOLLY HOADLEY Staff Reporter Because of last year's MAROON investigation on the quality of Loyola's probation system, the college of A&S has initiated a new probation system. However, only one student is taking advantage of it. The series of articles that ran in the MAROON in April of last year voiced complaints of probationary students about the system. According to Walter S. Maestri, assistant dean of A&S, "the MAROON's articles directly stimulated this office, myself in particular, to look into the probation office to see if this information was valid." He found that complaints were valid and so initiated a new system offered to all probationary students in A&S. Under the new program a student can work on an individual, one—to—one level with Sister Mary Grace Swift, asst. prof, of history, who has been given one less course to teach in order to handle this assignment. Sr. Grace helps individual students who have requested her assistance. Dean Maestri said. The assistance is "therapeutic in nature" and designed for students with study problems in which "Sr. Grace and the student could work together to solve the particular problem," the dean explained. From one to three hours of credit would be received for the student's participation. This summer, letters were sent to all 25 students on probation requesting them to come to a meeting concerning the new system . Seven students responded to the letters and attended the meeting during registration with Dean Maestri and Sr. Grace. Of these seven students, only one was interested enough to follow through with the program. Sr. Grace said she believed the system is working out, but had no explanation for the lack of student response. Army wants Loyola classrooms LINDA DELERY Staff Reporter Renting space in Bobet Hall to the Army Reserve Training Schools (ARTS) is being considered as one possible way of reducing Loyola's deficit. But the space will only be rented to the Army after space priorities for on—campus organizations have been met, according to Loyola's President, Rev. James C. Carter, S.J. Loyola's financial crunch was outlined in last week's MAROON in an article which explained that the tuition hike proposed last spring may not cover the university's deficit. John D. Lambert, Jr., Councilman, District D, and Commanding Officer of the 4152 nd U.S. ARTS, made the initial request for space in Bobet upon completion of its renovation. The ARTS is looking for a new home since they have been asked to vacate their present location at Camp Leroy Johnson barracks as soon as possible. 'Time is of the essence," said Councilman Lambert. "The barracks are in bad condition and no repairs are foreseen, so we must get out sooner than we thought." In a letter to Lambert, Fr. Carter said he was receptive to the idea of renting space. He was advised, however, by Loyola's architects and the Standing Committee for Academic Planning not to makea definite commitmentuntil campus organizations were given preference to available space. The letter said a certain amount of ipace had to be retained at all times "to provide elasticity of movement." Fr. Carter added that definite reply could not be given until an in—depth study concretely outlined the space situation in Bobet Hall. Lambert sees the locating of the ARTS in Bobet as beneficial to the university from an academic as well as a financial standpoint, as several courses taught are on the doctorate level. Fr. Carter sees the move as aij alleviation of Loy ol a's economic problems, but "only after we have sufficient flexibility in planning without damaging or cramping any program on campus." "If the Army comes," he explained, "it will be on arrangment that they leave if the space is needed." (Related editorial, page four.) The United State* Army Reserve Training School may become a part of Loyola's campus if a request is approved* I o o « CD D n o o