Thu03052015

News

Council considers freezing First St. development

Council considers freezing First St. development


Megan V. Winslow/Town Crier
A pedestrian walks along First Street in downtown Los Altos last week. Future construction on the street could soon be barred by an emergency moratorium on development.

Further construction along First Street could...

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Schools

Santa Rita students put on Kranky Kids Radio Show

Santa Rita students put on Kranky Kids Radio Show


Traci Newell/ Town Crier
Neighborhood volunteer Lishka DeVoss, center, introduces members of Santa Rita School’s Kranky Kids Radio Club to their interviewee last week. The students star in the Kranky Kids Radio Show, which airs Fridays on KZSU.
...

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Community

Music for Minors partners with Harvard to expand efforts

Music for Minors partners with Harvard to expand efforts


Palmer

When the thriving Music for Minors began to outgrow its capacity, the local nonprofit organization made new friends.

Beginning in late February, Music for Minors – a Town Crier Holiday Fund recipient – partnered with Harvard Business Sch...

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Sports

Eagles make school history

Eagles make school history

Ellie Van Houtte/Town Crier
The Los Altos High School Eagles defeated Santa Clara High School Tuesday to advance to the Central Coast Section basketball finals Saturday.

The Eagles are headed where no Los Altos High boys basketball team has gone...

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Comment

Dangerous streets: A Piece of My Mind

I’m driving along El Monte Avenue between Foothill Expressway and Springer Road at approximately 6 p.m. on a midwinter evening. In keeping with the “village feeling” of our town, there are no sidewalks and no streetlights.

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Special Sections

Lions, lambs and Cab Franc for March

Lions, lambs and Cab Franc for March


Christine Moore/Special to the Town Crier
Oven fries, a slice of feta cheese and the bite of harissa mayonnaise make for a late-winter, early-spring dinner perfectly paired with Cabernet Franc.

I can’t help but wonder whether March will come in ...

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Business

Los Altos scientist named Inventor of the Year

Los Altos scientist named Inventor of the Year

Alicia Castro/Town Crier
Robert Showen, above, the Silicon Valley Intellectual Property Lawyers Association’s Inventor of the Year, began researching his ShotSpotter technology in his Los Altos home. Sensors are placed around a city, below, and fou...

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Books

French novel

French novel "Hunting and Gathering" offers character-driven suspense


Anna Gavalda is a well-known author in her native France, where she has published six books, most of which have met with considerable praise and commercial success. Her fourth novel, “Hunting and Gathering” (Riverhead Books, 2007), is filled ...

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People

JACK JOSEPH CRANE

JACK JOSEPH CRANE

Long time Los Altos resident, Jack Joseph Crane, loving husband and devoted father of two children, passed away peacefully at the Terraces in Los Altos, Saturday, February 21, 2015. He was 95 years of age. Jack was born on June 22, 1919. He is prec...

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Travel

Seoul of the city: Korean capital offers mix of old and new

Seoul of the city: Korean capital offers mix of old and new


Ramya Krishna/Special to the Town Crier
Seoul’s Cheonggyecheon public recreation space, above, features an elevated pedestrian bridge.

Seoul, South Korea, is a study in contrasts. Having grown quickly, the city is a mix of old and new.

Using...

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Stepping Out

TheatreWorks jumps into ‘Lake’

TheatreWorks jumps into ‘Lake’


Kevin Berne/Special to the Town Crier
Jason Bowen, from left, Adam Poss and Nilanjana Bose star in “The Lake Effect,” opening this weekend at the Lucie Stern Theatre in Palo Alto and running through March 29.

The TheatreWorks production ...

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Spiritual Life

Is your thought life sabotaging your spiritual journey?

My computer started having problems – there seemed to be some sort of malware running in the background. At first it was just annoying, then it began to slow down my computer, interfering with its basic operations. What is it doing? Why can...

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Magazine

Local events serve up family fun

Local events serve up family fun


Courtesy of Peninsula Youth Theatre
Peninsula Youth Theatre’s production of “Pecos Bill: A Tall Tale” is slated to open March 20 in Mountain View.

For families seeking a break from the daily routine, events abound this month and next in Los Alto...

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Foothill student loan rate drops under U.S. Senate act


Ellie Van Houtte/Town Crier
Foothill College students can breathe a sigh of relief after the U.S. Senate voted to lower interest rates on federal student loans.

Foothill College students with federal loans can breathe a bit easier after the U.S. Senate passed legislation to lower interest rates July 24.

The action affects borrowers who have taken out or will take out a new federal student loan after July 1, according to a Senate statement. The bill goes to the House of Representatives for a vote in August.

Students with Stafford loans, usually from lower- and middle-class families, had faced a doubling of interest rates from the previous 3.4 percent to 6.8 percent, effective July 1, when the U.S. House of Representatives failed to take action.

The Senate bill, the Bipartisan Student Loan Certainty Act, garnered support from Republicans and Democrats.

“This bipartisan compromise puts in place a sustainable, market-based solution that ensures access and affordability for students seeking to improve their lives through higher education,” said Richard Burr (R-NC), who introduced the bill with senators Joe Manchin (D-WV), Angus King (I-ME), Tom Coburn (R-OK), Tom Carper (D-DE), Tom Harkin (D-IA), Lamar Alexander (R-TN) and Dick Durbin (D-IL).

“The act essentially ties interest rates to fluctuations in the market, allowing students to take advantage of historically low rates while ensuring that taxpayers will not have to foot the bill for arbitrary rates set by Congress,” Coburn said.

The new legislation lowers interest rates for undergraduate students – accounting for two-thirds of all loans – to 3.86 percent. It includes a cap, with undergrads paying up to but no more than 8.25 percent, no matter how the market performs. The loans are set to the U.S. Treasury’s 10-year borrowing rate.

Local reaction

“My initial read is that is it good for current community college students, who will likely be moving on prior to the readjustment in 2015,” said Kevin Harral, director of financial aid at Foothill College. “The big deal about it is the speed of readjusting that could happen after 2015. As a student advocate, it is hard to say it’s a good deal if it rapidly increases up to the cap within a year or two after 2015, unless the cap is appropriately set. However, these federal programs must be funded and, yes, it is partially off the interest collected from students.”

Still, Harral agreed that the act is a better solution than the previous stop-gap measures – or no action at all.

“Loans are a necessary part of paying for education for many of Foothill College’s upper-, middle- and low-income families,” he said, “and I would much rather there be a reasonable increase (or annual fluctuation) in rates, in step with our overall economy … than the loan program be eliminated or dismantled.”

Harral added that something needs to be done to stabilize the program and prevent eleventh-hour scrambling.

“Even if this deal sunsets in some future year, the topic seems to be rarely discussed until it is about to impact students and a larger solution needs to be compromised on,” he said. “I would love to see a more thorough discussion on the rates, but this deal is something – and better than what happened on July 1.”

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