Word: bigs
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Dates: during 2000-2009
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Spike Lee, Director-producer "I'll Be There" I loved him as a solo artist - I had a big Afro like he did, and I hoped that the girls would like me the way they liked him - but I have a special place in my heart for the stuff he did with the Jackson...
...several kids who had been coming to camp for years but hadn't signed up yet for 2009. He heard details about grandparents who had footed the bill for camp losing their money to Bernie Madoff. He heard about parents who worked on Wall Street no longer getting a big enough bonus to cover camp. And the list went on. To keep his loyal campers coming back, he cut some deals: while everyone paid the same, more families than ever set up payment plans. "In the macro picture, we're in the same place we've always been...
Summer camp is big business, a multimillion-dollar industry that provides child care (not to mention a break for beleaguered parents) for more than 3 million campers every year. But much like buying a car or choosing a college, this year parents have been more apt to shop around and try to find the best deals. "We've seen a great increase in parents going to camp fairs," says Peg Smith, executive director of the American Camp Association. "We think that is encouraging, because generally the last dollar a parent is going to cut will be one they spend...
...maximum Pell Grant and a reduction in the interest rate on new federal loans, arrive at a moment of seemingly runaway college costs on one end and a dismal economic outlook on the other. The Obama Administration is trying to lessen the pressure on aspiring students in ways both big and small. Last week, Secretary of Education Arne Duncan announced a plan to simplify the Free Application for Student Aid (FAFSA) - the form to apply for federal dollars - cutting at least 20% of the questions and making it easier to fill out online. For months now, Duncan has discussed...
...big upside is likely to be a reduction in the number of people who default on their student loans, a financial disaster that can destroy credit ratings and hike up interest rates on future loans. "In this economic recession, a lot of students are having a difficult time just paying for normal things like groceries or rent," says Carmen Berkley, president of the U.S. Student Association, an advocacy group. "This is really going to make sure that students are able to keep up with their loans and don't have to default. We want to be able to have good...