Word: coops
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...individuals in question were residents of the Dudley Coop, whose “study break,” involving taking off clothes down to their undergarments, has become a pre-finals tradition for them...
There are important initiatives that will help defray the costs of coursework, like putting needlessly expensive coursepacks online, and giving students the tools to purchase the cheapest books at locations other than the COOP. But it’s only an initiative like C-CAP that is going to assist the students dealing with the worst financial hardship, some of whom use their work-study money not just for themselves but to send home to their families...
...language of economics might even rear its head in buying textbooks. A student who has discovered a textbook online for half the cost that he could get it at the Coop might describe this situation to a friend as an ideal “arbitrage opportunity...
...COOP, of course, would then raise prices. It would not be a gross outrage of a price increase; it is a business, not an evil empire. Using the low estimation of a student’s annual textbook cost, the COOP already makes six million dollars a year off the College. When the better part of C-CAP’s proposed $200,000 in handouts reach COOP registers, the price increase will be slight—two percent, maybe even five percent—but an increase in its bottom line nonetheless...
...would save some of its beneficiaries a little time and money, though not the full value amount printed on their checks. It would cost everyone else a little extra, both at the COOP counter and on the termbill increase that will pay for the C-CAP program. And it would make the COOP’s profits a little fatter. Or, the COOP would argue, make the COOP’s annual rebate recipients a little richer—but forgive me if I am not thrilled about getting 7 percent of my money back a year after I wasted...