Word: costs
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...Somehow, airlines need to find a means to increase their revenue. Whether this comes from raising food, beverage, and baggage fees—perhaps now pillows, blankets, and even air will cost money!—or from increasing airfares themselves, is up to the airlines...
...does so within the first two or three years, but now the problems are reaching ever further back. "These older vintages should be out of the woods, but they're not," says Jadlos. That's partly because dropping property values have driven homes, on average, down to what they cost four years ago. Add in all those home equity loans people used to free up cash, and you're left with a situation where more than 18% of homeowners now owe more than their house is worth, according to First American CoreLogic. When the crappy economy causes your household income...
...that is 1.15% of their car's value (up from 0.65%). One increase was avoided. In order to secure Republican Abel Maldonado's vote, a 12 cent on the gallon gas tax was nixed (Maldonado also included an open-primary measure and removed a stipulation that would have cost legislators their salaries during times of overdue budgets...
...means teacher layoffs, fewer school days and more crowded classrooms. Higher education funding will also be cut by $888 million at state schools, where students will be expected to shoulder 10% higher fees. And, according to the new budget, $1.5 billion will be saved by eliminating senior citizens' annual cost of living increases and other health services (again, depending on where the federal stimulus package is spent, this figure could drop to $500 million...
This is a terrible idea on a number of levels, and it is just one more in a series of cost-cutting measures that hit students hardest. From freezing faculty salaries, offering buyouts to Harvard’s longest-standing employees, and serving chicken nuggets twice a week, Harvard is hitting students below the belt. Harvard may be saving money, but at what cost? Granted, this university has never been famed for its fine cuisine, but its gifted faculty, dedicated staff, and world-renowned library system have played a great part in making Harvard the institution it is today. Besides...