Word: defrayment
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Other criticisms of the current climate have focused on debt, bemoaning that gargantuan loans for law school aren't exactly easy to defray. According to the American Bar Association, the average law-school student who graduates this year will do so with a little more than $73,000 in debt. Larry Kramer, dean of Stanford Law School in Palo Alto, Calif., acknowledges there's a problem. "Something about the way the system works has to give," he says. "If you're going to defer someone for a year, there really needs to be a certain degree of loan forgiveness...
...competition is intense, participation counts: organizers present the last-place musher with the "Red Lantern" award as a tribute to his persistence. (The slowest Red Lantern winner, John Schultz, took more than 32 days to reach the finish line.) Each finisher also receives more than $1,000 to defray travel expenses. (See pictures of the science of snowflakes...
...accessibility does carry a higher price tag. Leone acknowledges that Boundless Playgrounds do cost a community more. The organization raised more than $2.5 million last year to help defray the additional expenses in several municipalities. Rockwell and Kaboom! are exploring how royalties from the Imagination Playground in a Box - the portable wonderlands cost approximately $6,500 a pop - can fund an endowment to cover one rather significant, ongoing cost: a paid Play Associate, i.e., a trained adult who can help direct play while ensuring that those loose parts don't go missing. "It's a model we've borrowed from...
...party in each House every week. “There’s only so much non-alcoholic purchases at a party,” he said. For her part, Flores wants to increase the scope of the Student Events Fund to “help student groups defray costs associated with ticketing at the Harvard Box Office,” according to her Web site. No matter what happens, candidates will likely face a limited budget given that many of Harvard’s schools have been making cuts following the University’s $8 billion in endowment...
Although $3.5 billion is a huge sum, NBC will foot only a fraction of the total bill. The Blackstone Group, Bain Capital, and NBC will reportedly pay just $600 million each upfront, and finance the balance. The Weather Channel's estimated $175 million annual earnings should help defray the debt...