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When the new program takes effect July 1, students on federal aid will receive a significant financial windfall. As of that date, the maximum interest charged on government loans will drop from eight per- cent to four, according to Hicks...

Author: By Jonathan N. Axelrod, | Title: New Loan Program To Debut At Harvard | 3/8/1994 | See Source »

...lost their homes complain about aid being doled out to illegal aliens. And while President Clinton quickly asked Congress for $6.6 billion in disaster relief, state leaders moved with less alacrity. It took more than a week for state assembly Speaker Willie Brown to propose a one-year half-cent sales-tax increase to raise $1.5 billion for earthquake relief...

Author: /time Magazine | Title: Visions for a Shattered City | 2/14/1994 | See Source »

Even the library fines are exorbitant: one cent a minute for all reserve material...

Author: By Jonathan N. Axelrod, | Title: A Billion Here, A Billion There: Harvard And Its (AAA Rated) Bonds | 2/2/1994 | See Source »

They are obviously, and intensely, unpopular. Yet voters in Washington State approved a $1 billion increase to pay for a new state health-care plan, and in California, the motherland of tax protest, voters made permanent a half-cent increase in the sales tax for hiring more fire fighters and police. Even in New Jersey, anger at the $2.8 billion increase Florio pushed through in 1990 would not by itself have been enough to beat him, in the view of Whitman's campaign manager, Ed Rollins. His attack against Florio focused on the idea that the state's economy...

Author: /time Magazine | Title: No Experience Necessary | 11/15/1993 | See Source »

...something straight: No honest person can describe coffee as "fruity," let alone "full of conviction." A fairer description is "foul, acidic, bitter, tooth-staining, heartburn-causing and chemically addictive." That applies to "Dota Blend" just as accurately as to Dunkin Donuts' 50-cent special. It is instructive to note that for decades, conventional wisdom had it that coffee caused ulcers. (In fact, the real culprit was H. pylori bacteria.) If coffee doesn't rot out your gut, it tastes like it should...

Author: By Benjamin J. Heller, | Title: Square Cafes: The Bitter Reality | 11/13/1993 | See Source »

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