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...billion. During her final year at UC, the state of California cut funding levels for the university by 20 percent, or $813 million, as it scrambled to close a looming $26 billion budget gap. Lapp and her team put together a plan that would allow the university to absorb the impact of the funding shortage. Administrators raised student fees by 9.3 percent, laid off more than 700 staff, and implemented a furlough and salary reduction plan. Under Lapp's leadership, the university also eliminated or consolidated services that resulted in nearly $100 million in savings. "These were really tough choices...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Harvard Fills Vacated Executive VP Position | 8/20/2009 | See Source »

...surprised to read how quickly babies seem to absorb the culture that surrounds them. For instance, you say Japanese babies tend to be more anxious than babies from other countries. That's another thing that studying babies can help make us realize. Many of the things we just take for granted, that we just think are parts of our [personal] backgrounds, are really things that we've learned...

Author: /time Magazine | Title: A New Look Inside Babies' Minds | 8/14/2009 | See Source »

...think the auto industry should not have been bailed out? If GM was on the verge of bankruptcy, it should have been shut down. There's all this capacity in the production of cars, but there isn't a market that can absorb all that these firms are prepared to produce. If jobs are lost, then jobs are lost because these are firms that cannot exist, because there is insufficient market demand for their product. And if there is no such market demand, they should not be allowed to exist. Let the market decide if these firms deserve to exist...

Author: /time Magazine | Title: Advice from an Economist Who Saw 1929 | 7/9/2009 | See Source »

...cleaning up, keeping quarrels to a simmer, not a boil. Now and then - in moments that genuinely did seem unscripted - Kate would wilt, leaning against the kitchen counter with a cup of coffee and seeming, for the twinkling of an eye, as though she were allowing herself to absorb the shock of it all. But then she would shake it off, plow forward, harass Jon into making himself a lower-calorie lunch and go back to wiping down the counters and giving orders. (See the top 10 skanky reality shows...

Author: /time Magazine | Title: Is There Hope for the American Marriage? | 7/2/2009 | See Source »

...chorus of voices in Florida and the rest of the nation still fears that bullet trains, despite the federal largesse, will turn out to be a white elephant whose costs have been lavishly underestimated by the Obama Administration. Even the Orlando Sentinel, which covers a city that would absorb a large share of the $1.5 billion Florida will seek to help fund a $2.5 billion Orlando-Tampa HSR line, warned in a recent editorial that the Sunshine State is "really not a strong candidate for high-speed rail." The reason: its local commuter-train lines - which HSR would need...

Author: /time Magazine | Title: U.S. Stimulus Puts Bullet Trains on the Fast Track | 6/22/2009 | See Source »

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