Purdue Best Bets
September 5, 1997
JOURNALISTS: Here are some newsworthy Purdue events during the next two weeks.
Video available on the hazards of fishing for loans
"Into the Shark Tank: Surviving the Loan Closing Process," is a video designed to
make borrowers aware of some of the pitfalls involved in closing a loan. Barbara
Rowe, Extension Specialist in Consumer Sciences and Retailing at Purdue, and doctoral
candidate Paul Camp, created the video to help borrowers get the loans they want. The video,
available throughout Indiana from local Extension Service offices, is accompanied
by a pamphlet that explains many of the video's concepts. "We want people to understand
what is being presented to them when they borrow money," says Camp. "The Truth in
Lending Act says that certain materials, like the finance charge and the annual percentage
rate (APR), must be presented, but there are no requirements for how they should
be presented, and that can complicate the whole process." Rowe says the video points
out techniques sometimes used by lenders to confuse or rush consumers into making
credit decisions they might not otherwise make. CONTACT: Barbara Rowe, (765) 494-8316
or Paul Camp, (765) 494-8292.
Events
Tuesday, Sept. 9.
Golden Taps, a ceremony to recognize deceased students, will be conducted at 10 p.m.
in Spitzer Court, Cary Quadrangle. The ceremony will be conducted monthly when a
member of the student body has died the month before. It is sponsored and coordinated
by Pendragon, the Cary Quadrangle student leadership honorary. CONTACT: Tom Paczolt, manager,
Cary Quadrangle, (765) 494-2472.
Friday & Saturday, Sept. 12 & 13.
UNITE -- An outdoor team-building program designed to help masters' students in the
Krannert Graduate School of Management explore team dynamics and examine team problem-solving
approaches. 8 a.m.-5 p.m. each day, Camp Tecumseh, Brookston, Ind. CONTACT: Kate Walker, Purdue News Service, (765) 494-2073; e-mail, kate_walker@purdue.edu
Friday, Sept. 19.
Indiana Council for Economic Education luncheon and awards presentation. 11:45 a.m.
Indiana Roof Ballroom, 140 W. Washington Street, Indianapolis. Michael Moscow, president
of the Federal Reserve Bank of Chicago, will speak at the luncheon on the role of
education in sustaining regional economic growth. Teachers, students and business
leaders from across the state will receive awards. CONTACT: Harlan Day, executive
director of Indiana Council for Economic Education, (765) 494-8545.
Friday, Sept. 19.
Board of Trustees meeting. 1:30 p.m. Room 304 (Anniversary Drawing Room), Purdue
Memorial Union. President Steven C. Beering and members of the Purdue Board of Trustees
will be available to answer questions in Purdue Memorial Union Room 256 immediately
following the meeting. CONTACTS: Jeanne V. Norberg, director, Purdue News Service, (765)
494-2084; e-mail, jeanne_norberg@purdue.edu, or Joseph
L. Bennett, vice president for University Relations, (765) 494-2082;
e-mail, joe_bennett@purdue.edu
Purdue News Service: (765) 494-2096; e-mail, purduenews@purdue.edu
To the Purdue News and Photos Page