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Loan company sues Sallie Mae for anti-trust violations

The massive nation wide loan company, Sallie Mae, allegedly used coercive methods in its loan consolidation processes, according to a lawsuit filed Monday in federal district court in Alexandria, Va. The lawsuit, filed by competitor College Loan Corporation, accuses Sallie Mae of employing monopolistic practices, all of which violate the federal Sherman Antitrust Act, the Virginia Antitrust Act and the Higher Education Act. Sallie Mae has engaged in "anti-competitive behaviors," most importantly in their interpretation of the single-holder rule, said James Trefil, a member of the outside litigation counsel representing CLC.


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New fraternities appreciate dry atmosphere

Few of those familiar with the University's Greek system would dispute that drinking remains a prevalent activity at fraternity social events. Yet with the establishment of two alcohol-free houses -- Phi Delta Theta fraternity and Phi Gamma Delta fraternity -- and the enforcement of alcohol policy reforms, many Greek leaders say they anticipate the declining importance of alcohol at fraternity functions. Phi Delta Theta President Steve Reis said that as fraternities face the legal complications of serving alcohol -- including the potential loss of individual chapter charters -- Greek organizations are beginning to de-emphasize drinking. The Inter-Sorority Council passed a resolution in 2000 banning alcohol at sorority events held on fraternity property. In addition to Phi Gamma Delta and Phi Delta Theta, the national headquarters of four other University fraternities have implemented some variation of alcohol-free housing, Reis said. According to Reis, other fraternities plan to phase in these changes as well.


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News in Brief

Report finds more colleges offer morning-after pill A report in the latest issue of the "Journal of American College Health" showed more than half of college health centers offer the "morning-after" contraceptive pill.


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Tour of Grounds promotes bond vote

In a media tour of dilapidated University buildings yesterday, deans from the College pointed out the necessity of state money for renovation projects. The tours are part of the College administration's effort to raise awareness of the proposed $846 million General Obligation Bond on the Nov.


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The writer on Carr's Hill

Many students can claim familiarity with several items of President John T. Casteen III's curriculum vitae: new building construction, successful capital campaigns and his management of a billion-dollar budget, for example.


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Democrats rally student votes on steps of Rotunda

The University Democrats joined 5th District Congressional candidate Meredith Richards on the steps of the Rotunda yesterday afternoon to launch the Youth to the Booth campaign. Youth to the Booth is a nationwide effort by the Democratic National Committee to encourage young voters and college students to participate in this November


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Lawyer calls for suit to halt Ivy garage

A local attorney has asked the city of Charlottesville to sue the University to stop construction of a parking garage near the intersection of Ivy Road and Emmet Street. Attorney David Franzen said his clients, about a dozen local residents, want to stop construction of the garage, which would be built on the University


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City discusses approval of new bridge over Emmet

Charlottesville City Council held a public hearing Monday night on a proposed pedestrian bridge over Emmet Street near Massie Road. The bridge, which also would include 2,000 feet of paved walkway and 350 feet of elevated walkway, would connect Lambeth Commons to the area near University Hall. University Architect Pete Anderson, who called the current situation that requires students who park at University Hall to find other transportation to Central Grounds


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Conference studies all sides of being human

Scholars from around the world gathered at the University last weekend to confront the question of what it means to be a human being -- a concept called ontology. Creston Davis, a University graduate student in the department of religious studies, began planning the conference last summer.


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Fifteen percent cuts cannot close deficit

When Gov. Mark R. Warner estimated an unexpected shortfall of $1.5 billion in the Virginia budget one month ago, he immediately ordered state universities and other institutions to submit three budget plans accounting for possible funding cuts of 7, 11 and -- in the worst case -- 15 percent. "That prediction came a month ago," said Del.


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Professor challenges value of MBA programs

How far can an MBA degree get you? Not far, claims Jeffrey Pfeffer, a professor at Stanford University's graduate school of business. In the lead article of September's issue of the Academy of Management's Learning and Education Journal, Pfeffer downplayed the importance and necessity of the MBA degree to business success. Co-written by Stanford doctoral student Christina Fong, "The End of Business Schools?


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News in Brief

Hispanic festival attracts both political parties Prince George County, Maryland's annual Hispanic festival attracted both Democrats and Republicans eager to garner support from the state's growing Latin American population.


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Latest Podcast

The Organization of Young Filipino Americans is one of many cultural Contracted Independent Organizations at the University, and their mission is to create a supportive community for Filipino students. Danella Romera, the current president of OYFA and fourth-year College student, discusses the importance of OYFA as a cultural organization and how OYFA plans for this year’s Culturefest, an annual multicultural showcase. 

Listen to the episode here.