Word: 80s
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Dates: during 1980-1989
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...Alexander Astin, head of the Los Angeles-based Higher Education Research Institute: "Many students don't feel they can call themselves liberal and want to make money. But it's less conservatism than materialism." Says Lillie Dollinger, an economics major at Texas A & M: "In the '80s the issues are money and jobs, and the conservatives are the ones getting students stirred up." At the same time, there has been a distinct cool ing on college campuses toward affirmative action: students tend to view special help for minorities as a threat to their own chances of success...
...true that if the Social Security system can somehow stay afloat through the '80s, it will sail into calmer waters for a long period beginning around 1990. For one thing, a 1% tax increase-half a point each on workers and employers-goes into effect that year. For another, the number of people retiring from 1990 through the rest of the century will be held down by the low birth rates of the Depression and World War II years. Meanwhile, members of the 1946-64 baby-boom generation will be hard at work, presumably earning rising incomes and paying...
...General Revenues. Liberals, and others opposed to any reduction in benefits, argue for using income tax and other revenues to make any payments that cannot be financed by the payroll tax. Former Social Security Commissioner Robert M. Ball contends that the system could get through the '80s with relatively small "borrowings," which could be repaid, with interest, out of the reserves that the pension fund will again begin to accumulate...
Strategy for the '80s: tight management, academic excellence
...kinds of students who used to prefer Harvard, the kind of alumni giving once mainly associated with places like Yale, and the kind of national attention that could make it a case study in how a private university can survive amid the mounting economic odds of the'80s...