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KNOW KU

RESEARCH MATTERS

Robert DeYoung, Capitol Federal Professor in Financial Markets and Institutions, is one of the first to study the often-controversial industry known as payday lending. Offering loans for no collateral other than a personal check, payday lending has grown into a $28 billion industry. DeYoung has found that most people who use payday loans are chronic borrowers, not one-time consumers. However, these loans can work for some despite their potential pitfalls, he found. For more, and to listen, visit www.researchmatters.ku.edu.

TOPONYMS

Robinson Health and Physical Education Center opened in 1966 on Sunnyside Avenue. It retained the name of the first Robinson Gymnasium, which was completed in 1907 (Wescoe Hall is now on the site) and largely designed by physical culture professor James Naismith. The building was named for Charles and Sara T.D. Robinson, who originally owned the land it stood on. They were founders of Lawrence, and he was the first governor of Kansas. For more, see www.buildings.ku.edu.

KU HISTORY

On Dec. 7, 1972, Ron Evans became the first Jayhawk in space. Evans was part of the 12-day mission to the moon on Apollo 17. During the trip he did not walk on the lunar surface but did take an hour-long space walk, pilot the craft in lunar orbit and saw the Earth from 240,000 miles. For more, visit www.kuhistory.com

NOTABLE ALUMS

Lufkin Industries, which manufactures machinery such as oilfield pumping units, electrical equipment and trailers for trucks, has named 1974 KU journalism graduate John “Jay” Glick as its next president and CEO. The Texas company made $617 million in sales last year and has 3,000 employees, including vice president and KU grad Paul G. Perez. The company is No. 72 on Forbes magazine's List of America's 200 Best Small Companies.

RESEARCH MATTERS

Robert DeYoung, Capitol Federal Professor in Financial Markets and Institutions, is one of the first to study the often-controversial industry known as payday lending. Offering loans for no collateral other than a personal check, payday lending has grown into a $28 billion industry. DeYoung has found that most people who use payday loans are chronic borrowers, not one-time consumers. However, these loans can work for some despite their potential pitfalls, he found. For more, and to listen, visit www.researchmatters.ku.edu.