Word: affluent
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...middle class income might not have liquid assets, including reoccurring medical bills or a large number of dependents. Does that make a family not worthy of financial aid? It is not like Harvard financial aid is operating on a zero-sum basis—more financial aid for the affluent does not mean less for the poor and lower to middle classes. In fact, lately, it has meant more for all of the above. Given that, and the enormity of the endowment, it is hard to argue that we should deny aid to some middle class recipients in order...
...editors: Re: New Aid Plan Targets More Affluent Families, news, Dec. 11. As a current student at the Law School and a graduate of the College, I view Harvard as a second home and I am proud to be an alumnus. I applauded Harvard’s efforts under former President Lawrence H. Summers to enable all students to attend Harvard by waiving fees for families making $40,000 to $60,000 a year. However, I am deeply dismayed by Harvard’s gleeful announcement today that it is increasing its financial aid for families making...
...scientific debate over global warming may largely be over, but the ethical debate rages on. Some NGOs and their political sympathizers insist that climate change is the fault of the affluent who must atone for the sin of industrialization. No unnecessary travel, thermostats turned down, no luxury homes or supersized SUVs. This call for penance is combined with fantasies of sudden, miraculous technological change. Many too easily accept the argument that only by limiting economic growth can we achieve real solutions. This thinking is deeply misguided. First, the technological quick fix simply isn't coming, and second, it defies human...
...THEY ARE A-CHANGIN’But events in the ’60s happened from the ground up, and, Brokaw claimed, this part of the legacy has unfortunately not been preserved. Most important now, he argued, is finding a way to join the working class and the more affluent portions of society so that America can move forward without leaving any group of people behind. His hope is that the 2008 election will become a referendum on issues from the ’60s that remain unresolved. Brokaw recalled an anecdote about an interaction with Hillary Clinton. When Clinton...
Raising a passel of kids is an enormous financial undertaking even for the affluent. An oft quoted 2004 study by the U.S. Department of Agriculture found that families earning at least $70,200 a year spent $269,520 raising one child--and that's just until the age of 17. Tack on four years of college, and you're looking at a nearly half-million-dollar tab for each, or almost $3 million for six. "If you sit down and write out the numbers, nobody would have children," scoffs Jen Reid, 37, a stay-at-home mom in Berwyn...