Word: deficitsã
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...Knowles cited aid increases during his deanship in the early-1990s—amid FAS budget deficits??€”as an indication that making Harvard affordable has always been a priority of the institution...
...aggressive fundraising effort, which they said would raise an extra $15–$19 million in 2010. Increased financial support from the University, in the realm of $18–$23 million, would also help pay for the deficit.At the meeting, top administrators were quick to tie the budget deficits??€”which could exhaust the Faculty’s reserves by 2008, according to the committee report—to a period of rapid expansion for FAS. Dean of the Faculty William C. Kirby referred to recent years as “a time of truly historic investment...
Neither HSPH nor HLS finished out FY03 with deficits??€”in fact, both were left in the black, though not by as much as desired...
...economy. The federal deficit, representing 2.7 percent of the nation’s gross domestic product, could potentially lead to increased interest rates, endangering future economic growth. While presently low interest rates have protected middle-class homeowners from the economic downturn by allowing them to refinance mortgages, large government deficits??€”and spiked interest rates—would leave these families without such a safety net. Higher interest rates will also deter businesses from borrowing, leaving capital investment stagnated as well...
...deficits??€”the highest of any school at Harvard—resulted from years of expansions of KSG faculty and programs made possible by a strong economy in the 1990s and large increases in payouts from Harvard’s endowment...
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