Pepperdine University - Promenade Yearbook (Malibu, CA)

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12 Activities

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Friedman speaks to Pep Associates Milton Friedman, The Nobel Prize winning economist, spoke at the first annual dinner of the newly formed Pepperdine Associates. Held on the nineth anniversary of the kick-off dinner for the Malibu campus, the dinner was attended by more than 500 guests. In his address, Friedman stressed that the nation is losing its economic freedom. “The United States is still a predominately free society today, however, freedom is becoming more limited. We live in a free enterprise, but how free is anyone to set up an enterprise? He blamed well-meaning people for being the chief cause of economic problems. Each Pepperdine Associate supports the university with $1000 annual membership gift. During the Associate’s first year, seven donors received lifetime memberships by donating $10,000 each, while one anonymous donor matched all others with a contribution of $550,000 to the university. Up With People presented a two hour musical production in Firestone Fieldhouse in January, which featured a surprise guest solo by Chancellor Young, during a selection entitled, “It’s a Memorable Tune.” His solo drew a thunderous ovation from the audience of nearly 700. Up With People, a group of students who travel throughout the country, presented a program of soft ballads mixed with lively selections accom- panied by choreography. Selections from around the world were also featured. The goal of the performance was to emphasize the importance and equality of people. The concert in the final outcome lost the SGA approximately $3500, which leaders tried to ignore. Their attempted cover-up of the cost of the concert and mistake of telling the Graphic during an assembly meeting that the concert lost an estimated $1000 caused a great deal of student controversy. Another concert which was to have featured England Dan and John Ford Coley, was cancelled at the last minute due to a poor return in ticket sales. The promoter of the event, Terry Joy, was slow in returning money to ticket purchasers. Faculty salaries received a long a-waited increase of six percent throughout the university, with an additional three per cent granted to Seaver College faculty. Tuition increases were announced which raised tuition from $110 to $119. Additionally, dorm room and board charges for double occupancy were announced to increase from $800 to $880. According to Banowsky, faculty raises were not a major part of the increase. Perhaps most importantly, the year at Seaver College has been one of growth and learning for the university’s students as they prepare for the years in life left to come once they have graduated.

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Campus activities... Activities 13