Word: aid
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...hope that, across the board, colleges that are strapped for cash think before reducing financial-aid programs and that schools with need-blind admissions policies remain that way. Universities lose more than just individual students when they admit wealthy applicants above equally or more qualified, but less affluent, students. Higher education should not be a business—when schools start evaluating their core priorities in this regard, their intellectual integrity suffers. There is a fine line between keeping a school alive to educate another day and doing long-term damage to its commitment to meritocracy...
...they must reduce their financial-aid programs, universities should be proactive in guiding students toward alternative funding sources, such as private scholarships or government aid. Under the new administration’s budget, students will also be able to take out bigger federally sponsored Perkins loans. The number of colleges whose students are eligible for this loan will increase from 1,800 to 4,000. Admittedly, these proposed benefits will not be available until July 2010, but they will still help...
...Administration's instincts are right to work toward some sort of endgame in Afghanistan - train the Afghan army and police, boost economic aid, do something about the corruption and talk to certain elements of the Taliban, making sure they understand we'll be back if al-Qaeda comes back. But it has to happen very quickly. (See pictures of the battle against the Taliban...
...Chrysler Ordered Out of NASCAR Caranddriver.com "In a move sure to spark outrage, the White House announced today that GM and Chrysler must cease participation in NASCAR at the end of the 2009 season if they hope to receive any additional financial aid from the government. Companies around the globe - Honda and Audi, to name two - have drawn down racing operations, and NASCAR itself has already felt the pinch in the form of reduced team spending. A complete withdrawal from America's premier racing series is expected to save more than $250 million between GM and Chrysler, a substantial amount...
...That is why Obama's comments on Wednesday were so notable. The issue of imbalances is not expected to play a big role in the coming G-20 communiqué, which focuses on regulation, aid to developing countries, protectionism and stimulus. But Obama clearly signaled that the issue is on his radar, and that policy shifts may be coming. In practice, this means measures in the medium term that will encourage greater consumption and spending in developing nations like China, and more saving and less debt in the U.S. Although he was vague, Obama discussed what would amount...