Word: downturn
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Such a stipulation works well during prosperous economic times, but has not helped during the downturn in today's tighter economy, Anderson says...
While a loss to the Bulldogs is ordinarily painful, this game marked Harvard's sixth straight loss and a dramatic downturn from its previously competitive showings...
Where once employers hired interns and summer associates in droves, the economic downturn has forced college students who once easily found high-paying employment to scrape for opportunities...
...recession and gulf war have cemented the trend. First, the economic downturn struck some people as a just punishment for a dizzy era of excessive borrowing and spending. Many consumers saw the recession as a warning that their behavior had to change. Cutting back and putting away the plastic seem only prudent. Unemployment, currently at 6.5%, has risen steadily for eight months. Some people who used to ride in limousines are now driving them for a living. Then the life-and-death reality of the war came along and made the pursuit of glitz and status seem even more trivial...
...Fitzsimmons added that he is not surprised that Harvard has fared better than national demographics might predict. "With the economic downturn, colleges that are well-known and that have strong financial aid programs will usually hold their own," he said...