Sun08302015

News

Enchanté plaza remains open to the public

Enchanté plaza remains open to the public

Alicia Castro/Town Crier
The plaza area at Enchanté Boutique Hotel now serves drinks and small plates.

The Los Altos City Council Aug. 25 voted unanimously in favor of Enchanté Boutique Hotel serving beverages and small plates to the public on t...

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Schools

Mountain View High launches Bring Your Own Device program

Mountain View High launches Bring Your Own Device program


Megan V. Winslow/Town Crier
Mountain View High School staff distribute Chromebooks to students last week. The school is rolling out the Bring Your Own Device program this year, which gives students and teachers around-the-clock access to laptops.

Mo...

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Community

'Rock Back the Clock': End of an era, beginning of new one

'Rock Back the Clock': End of an era, beginning of new one


Town Crier File Photo
Time has run out for “Rock Back the Clock,” the 1950s-themed dance party at Rancho Shopping Center.

After 25 successful years, the “Rock Back the Clock” Committee has decided to end the annual 1950s-themed event held at R...

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Sports

Dean of the badminton court

Dean of the badminton court


Courtesy of the Tan family
Los Altos resident Dean Tan and mixed- doubles partner Jenny Gai stand on the podium shortly after winning the gold at the 2015 Pan Am Junior Badminton Championships earlier this month in Tijuana, Mexico.

Dean Tan began pl...

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Comment

Warning: Useless flood basin ahead

Our water and fire agencies receive much attention (and scrutiny) during the hot, dry days of summer – water for the lack of it and fire for its widespread destruction. During this extreme drought year, we are deluged with water conservation ma...

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Special Sections

A tale of two Los Altos love stories: Country club classic


Photos Courtesy of Kelly Boitano Photography
Lindsey Murray and Christof Wessbecher tie the knot in Los Altos.

Lindsey Murray and Christof Wessbecher grew up in parallel Los Altos orbits, never meeting – he went to St. Francis High School, sh...

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Business

Five thoughts on the current market correction

The 531-point drop in the Dow Jones industrial average Friday (Aug. 21) was certainly headline grabbing in its magnitude. It represented a one-day 3.1 percent drop in the index and resulted in a 10 percent correction from its high in May.

It’s compl...

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People

BRUCE CHARLES MEYER

BRUCE CHARLES MEYER

Bruce Charles Meyer, 81, died Wednesday, August 5th at his home in Carmel, California. He leaves his wife Valda Cotsworth and her daughter Katie Roos; his sons, Bruce and Joseph Meyer from his first marriage and his brother Gordon Meyer; four grand...

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Travel

Carmel Valley Ranch unveils upgrades

Carmel Valley Ranch unveils upgrades


Courtesy of Carmel Valley Ranch
Carmel Valley Ranch recently upgraded its Vineyard Oak suites, which feature sweeping views, rocking chairs and private outdoor tubs for soaking under the stars.

Things are heating up at Carmel Valley Ranch, with 30 n...

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Stepping Out

Open 'House'

Open 'House'


Kevin Berne/Special to the Town Crier
Anna Patterson (played by Kimberly King) accepts a drink from Michael Astor (Jason Kuykendall) in “The Country House.”

TheaterWorks Silicon Valley’s regional premiere of “The Country House” is scheduled to r...

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Spiritual Life

Los Altos native combines Judaism, social justice, advocacy

Los Altos native combines Judaism, social justice, advocacy


Los Altos native Gabriel Lehrman’s passion for Judaism, social justice and advocacy brought him to Washington, D.C., this summer for the Machon Kaplan Summer Social Action Internship program at the Religious Action Center of Reform Judaism.

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Inside Mountain View

MV actress/playwright Garvin wins NY festival award for

MV actress/playwright Garvin wins NY festival award for "Corners Grove"


Courtesy of Undiscovered Countries
Kaela Mei-Shing Garvin received a New York arts festival award for a featured role in “Corners Grove,” a play she wrote.

New York recognized that one of Mountain View’s own can “make it there” when the Planet C...

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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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