Word: cent
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Under the GSL program, the government guarantees the loans against default and pays banks the difference between the student interest rate, now set at 9 per cent, and market interest rates, which stand at 15.5 per cent. The government also pays the interest while students are in school...
...lines and prices decrease ridership on the "T" by more than 10 per cent, the fare hike will automatically be revoked, DiNatale said, adding that preliminary studies of passenger load are being conducted throughout the early fall...
...Coddington and his fellow education lobbyists have already succeeded in countering Budget Director David A. Stockman's campaign to reduce or eliminate programs. For example, Congress decided against proposed spending ceilings for the National Institutes of Health (NIH) and National Science Foundation (NSF), which together support about 90 per cent of biomedical research at universities. In the case of NIH, researchers have long opposed any specific spending limits, fearing that restrictions could subject the institutes to political pressure to pursue particular fields. Calling the decision a "major victory," Coddington points out that the continuing absence of ceilings also gives Congress...
...shortfall President Bok has estimated at about about $500 million. Bok was out of town last week and could not be reached for comment, but in his Commencement Day speech last June he said that over the past 15 years federal funds for laboratories had fallen by 50 per cent in constant dollars because of inflation. He predicted that "If we neglect our facilities, the initiative in science will simply pass to other countries that have chosen to make a more determined effort to provide the best environment for scientific work...
...addition, University officials and some economists agree that large tax reductions designed to spark growth in the private sector will probably discourage private contributions to Harvard rather than aid fundraising, as the Reagan administration claims it will. By cutting maximum personal income tax rates from 70 per cent to 50 per cent, for example, the administration raises the net "cost" of donating money to Harvard. Under the old law, a person in the highest tax bracket keeps only 30 cents out of every dollar earned, so if he gives a dollar to Harvard--a non-taxable gift--it costs...