University of Michigan - Michiganensian Yearbook (Ann Arbor, MI)

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-O. Gal -N. Ross 4 lntro

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, -N. Ross Intro 3

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Economic Survival LT Shines Through The University of Michigan is alive and well, and thriving in Ann Arbor. Amidst threats of layoffs and budget cuts, the tasks of research and educa- tion continue. Despite the unstable economy, students and staff still find ways to make ends meet. Now, stu- dents are forced to budget not only their time, but their money; the 13 per- cent raise in tuition, inflated grocery bills and ever increasing housing costs send students to join the exasperating lines at the Financial Aid Office to ne- gotiate college on credit. In November, both students and staff breathed a sigh of relief when several tax slashing proposals, which would have inflicted massive cutbacks on the University, were defeated. Financial problems were not lessened, however, and the freeze on hiring and heavy budgetary restraints remained. Never- theless, the University perpetuates as a result of it ' s creative and intellectual wealth. Realizing that the purpose of the University is to encourage young schol- ars to develope their intellects and al- low them to expand their horizons, persons committed to reaching these goals are not deterred by financial problems. Along with respected faculty members, prominent alumni bring rec- ognition and financial support to the University, encouraging achievement of these scholarly objectives. Endowments have permitted expan- sion on North Campus; construction of the Gerald R. Ford Library has been completed near the sight of recent ground breaking for the Dow Building. Although financial constraints may alter the University, it will not cause it ' s dis- integration. New buildings, like all oth- ers on campus, are constructed on the solid foundations of tradit ion and pres- tige of the University of Michigan. B -Shelly Ziska -E. Koo