Word: annualized
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Last week, Camerino tuned-up bikes for the 30th Annual Rosarito Beach-to-Ensenada Fun Ride set for April 18. The event, a notorious madhouse of semi-serious riding and beer drinking along the toll road between the two spring break towns south of the border, was more subdued this year. Normally, 6,000 arrive for the event, but this year crowds were only half that size. Other events, like a professional surfing competition, have been delayed or cancelled altogether due to the violence...
...James Duderstadt, UM president from 1988 to 1996, has argued for years that it is a misnomer to call schools like the University of Michigan "state universities." The state's annual contribution to the school's operating budget is now less than 6%, about half the share that California puts into its state schools and roughly the same level as Virginia. "The state is our smallest minority shareholder," says Duderstadt. (See TIME's special report on paying for college...
...bodyguards, has ousted half his old police force through drug tests, polygraphs and other "confidence exams." Under his pact with Calderón, Reyes now has to recruit more than 2,000 new cops, who, he says, will be among Mexico's best paid and educated. (Aside from a starting annual salary of $9,000 - twice the usual pay for a local cop in Mexico - they'll receive subsidized housing and other perks...
...often unfortunate, especially at Harvard—a place accustomed to abundance. Yet these cuts are also probably highly prudent and necessary, though it is difficult to be sure, since the university’s true financial picture remains cloudy. The decision made earlier this semester to reduce annual FAS departmental budgets and annual House budgets by 15 percent was a difficult concession, but likely sensible in the current environment. The recent announcement, however, that each of Harvard’s 12 Houses will be required to cut spending by an additional 10 percent—25 percent in full?...
Harvard’s Recycling and Waste Manager won an annual Environmental Merit Award from the U.S. Environmental Protection Agency’s New England divison today at its Earth Day celebrations in Boston. At the event, presenters highlighted Robert M. Gogan, Jr.’s commitment to recycling at Harvard, a cause he has championed for over a decade and a half. The program specifically cited Gogan’s efforts to distribute reusable office supplies and furniture to non-profit organizations such as Habitat for Humanity. It also mentioned Harvard’s annual Valentine?...