Word: costs
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...paralyzing strike had started Oct. 1 over "a matter of principle": Should the steel companies foot the whole bill for employees' pensions and insurance (as proposed by President Truman's fact-finding board), or should the Steelworkers chip in for some of the cost? But as time passed, as distress hit the steel towns and major segments of U.S. industry began to stifle for lack of steel, Phil Murray and Bethlehem decided to get down from abstract principle and talk cents...
...quietly in New York City, Murray and Bethlehem's tough and practical President Eugene Grace hammered out peace terms. The company, which for 26 years had provided employees with free pensions (now $50 a month at 65), would increase them to $100 a month and bear all the cost (an estimated 9? an hour, in contrast to the fact-finders' proposed 6?. Murray agreed in turn to have Bethlehem's 80,000 workers pay half the cost of a new 5?-an-hour insurance and hospitalization program...
...university, Harvard and Radcliffe are having their troubles in the economic downdrift. Neither is feeling as bard a pinch as many a U.S. school, but each is facing the same worries. Gifts, invested endowment, and, in some cases, tuition incomes are sliding downward, but wages, salaries, and equipment costs are still clinging to inflation-high levels. In other words, the "cost of education" is too high for an increasingly large segment of America's educational institutions...
...main sources of college and university income, of course, are tuition and other students fees, and today across the country these are at their peak. However, the higher rates aren't having their full effect in narrowing the cost-income gap because enrollments are falling. In Harvard's case the enrollment dip simply reflects the University's decision two years ago to slash war-swollen figures. Many other colleges, however, would like to continue with a bigger students body but can't because fewer and fewer men today have enough money to pay the expensive bill...
...failure of the recession to lower appreciably the major expenses added to college and university problems. Although a few such items as food cost Harvard a bit less, wages and salaries continued to rise. The individual increases were small but of big overall importance, for wages and salaries are 60 per cent of the University's total outlay...