Tue01272015

Schools

MVLA revisits prospect of ninth-grade PE exemptions

MVLA revisits prospect of ninth-grade PE exemptions


Ellie Van Houtte/Town Crier
The Mountain View Los Altos Union High School District Board of Trustees is scheduled to vote on a proposal to exempt ninth-grade student-athletes from taking PE. Students take part in a physical education class at Mount...

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Community

Midnight Express offers late-night rides from SF

Midnight Express offers late-night rides from SF


From Midnight Express Instagram
A group of millennial-aged Santas celebrating a night on the town prepare for a safe ride from San Francisco to their South Bay homes, courtesy of Cory Althoff’s new Midnight Express shuttle.

It’s no understatemen...

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Comment

More open than ever: Editorial

One of the Los Altos City Council’s objectives for 2015 is implementing an open-government policy. The title of the policy may be somewhat misleading, because it’s not as if the city has had a closed-government policy. But the new proposal goes beyon...

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Business

Cassidy Turley, DTZ plan to combine

Cassidy Turley, DTZ plan to combine


Ellie Van Houtte/Town Crier
Cassidy Turley, which has offices at 339 S. San Antonio Road, is combining with DTZ following its recent acquisition.

Commercial real estate services companies DTZ and Cassidy Turley have joined forces to operate as a sin...

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Books

Gawande's

Gawande's "Being Mortal" proves an important book on aging


Books about death and dying are usually not on my list of “must reads.”

I couldn’t resist, however, the best-selling “Being Mortal: Medicine and What Matters in the End” (Metropolitan Books, 2014) by Atul Gawande.

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People

JUDY HOFFMANN

JUDY HOFFMANN

Judy Hoffmann passed away unexpectedly October 17, 2014 in New York City. It was only fitting Judy would be traveling and enjoying special adventures in so many different places until the very end.

Judy has lived since 1969 in Los Altos with her h...

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Travel

Cuban photographer slated to appear at Foothill

Cuban photographer slated to appear at Foothill


Courtesy of Raúl Cañibano
Cuban photographer Raúl Cañibano is set to appear at Foothill College tonight. His work – including the image “Series: Guajira’s Land, Viñales, 2007,” right – is on display at the KCI Gallery t...

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Stepping Out

TheatreWorks launches '2 Pianos' in Mtn. View

TheatreWorks launches '2 Pianos' in Mtn. View


Suellen Fitzsimmons/Special to the Town Crier
Christopher Tocco stars in TheatreWorks’ “2 Pianos 4 Hands,” which opened last week.

TheatreWorks’ production of “2 Pianos 4 Hands” is scheduled to run through Feb. 15 at the Mountain View Center fo...

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Spiritual Life

Start something great by ringing in the new year with prayer

There is a tradition, which I’m told originates in the Midwest, that calls for people to pray in the new year. A few years ago, I was invited to a friend’s house and a number of people stayed up until midnight (approximately two hours pa...

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Magazine

Christmas At Our House home tour celebrates 26 years

Christmas At Our House home tour celebrates 26 years


Courtesy of Christopher Stark
Homes on the St. Francis High School Women’s Club’s Christmas at Our House Holiday Home Tour showcase a variety of architectural styles.

The days grow short on sunshine but long on nostalgia as the holidays approach...

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Hikes in student-loan interest rates concern Foothill College officials

As lawmakers bicker, Foothill College students face the prospect of higher loan rates.

After the July 1 deadline expired, students applying for federally subsidized Stafford Loans face interest rates that have doubled from 3.4 to 6.8 percent for the 2013-2014 year.
    Federal lawmakers are working to lower the interest rates, which many Republicans and Democrats agree are too high, but partisan bickering over how to address the matter leaves no solution in sight.
‘Disappointing outcome’
    That doesn’t sit well with officials in the Foothill-De Anza Community College District, whose low- and middle-income students benefit from such loans.
    “It saddens me that Congress did not maintain the 3.4 percent on student loans at this time,” Foothill College President Judy C. Miner said. “The economy has yet to recover fully enough to benefit the most recent
college graduates, and underrepresented communities show even more of an economic gap.”
    Kevin Harral, Foothill’s director of financial aid, added, “The doubling of the Subsidized Direct Loan interest rate is a disappointing outcome to say the least. At this time, there does not seem to be much momentum to get it back down in the short term, but hopefully our elected officials are hammering out a long-term solution for student-loan interest rates.”
    The good news, however, is that Harral does not expect an immediate impact on students borrowing money to attend Foothill.
    “The unsubsidized interest rate has been 6.8 percent for several years, and the dollars borrowed last year are almost the exact same as dollars borrowed from the subsidized program, despite the significant interest-rate difference,” he said.
    Harral reported 1,400 borrowers of $2.26 million in unsubsidized loans, compared with 700 borrowers of $2.33 million in
subsidized loans.
    “The interest rate is not front and center for most students,” he added. “Even when told the rate, the impact is often a bit abstract until they go into repayment, often years down the road.”
    The Republican-controlled U.S. House of Representatives passed a bill requiring that interest rates reflect the condition of the economy. The U.S. Senate last week considered a move to restore the 3.4 percent interest rates on the Stafford loans for one year.
    “There is some dissension among the Democrats regarding what to do. Republicans are not the only ones holding it up,” said Howard Myers, president of Conservative Forum of Silicon Valley. “Many Republicans want to tie the student loan rate to an index and some Democrats don’t want to give up the revenue.”
    “I think most people are not averse to the rate being able to adjust up and down in reasonable increments, as it was set up to do just about a decade ago,” Harral said. “But the fact that this rate just doubled, and really much more quietly than it was going to last year, when other lending rates are still very low and the economy is still depressed, just doesn’t seem reasonable.”
Local impact
    Rep. Anna Eshoo (D-18th District), who represents Los Altos, Los Altos Hills and Mountain View, estimated that approximately 8,500 students in her district have taken out low-interest loans.
    “If they’re just starting out, the double rate applies,” Eshoo said. “If the student’s in the middle of loan, it does not need to be renegotiated. Interest rates are fixed for the life of the loan.”
   Eshoo said she found it “befuddling” that the Stafford interest rates were allowed to double. As a result, she added, students could pay nearly $2,000 in interest.
    “Our society and nation cannot secure its own future unless we have an educated population,” the congresswoman said. “Instead of creating a plus and a win, this represents a subtraction sign.”

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