Word: dropout
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Dates: during 1980-1989
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...University of Minnesota dropout, Jacobs started working full time in 1959 for his father, a Russian immigrant, who ran a gunnysack business. In the mid-'60s the company flourished, selling sandbags used to dam floods along the Mississippi. Jacobs early showed a trader's instinct, buying merchandise at business liquidation sales and reselling it. At 18, he got 300 pairs of skis at a U.S. Customs auction for $13 a pair, then sold them right outside the auction hall for three times as much...
...population had dwindled from 5,000 in the 1880s to 500 in the late 1960s, when political activists and dropouts looking for a Rocky Mountain high started moving in. Native Elvira Wunderlich, 70, remembers the hippies as "just a bunch of trust funders and freeloaders." But the newcomers brought along their political savvy and quickly commandeered the town council from the locals, known as the elks (because of their frequent meetings at the Elks Club). Says former Mayor Jerry Rosenfeld, 44, a Denver dropout from the Eugene McCarthy campaign: "We were going to build a utopia here...
...melt from students who keep their options open by accepting places at several colleges. Some deans underestimated the number who would actually come. "The ghosts showed up," says Middlebury's associate admissions director, Herbert Dalton. In addition, at some schools fewer upperclassmen are leaving to make room. The dropout may be fading out. In today's tough job market, observes Dartmouth Admissions Director Richard Jaeger, "there seems to be a growing sense of urgency to start college and stay in college...
After deceiving students and faculty at the Law School for almost two months, a University of Notre Dame dropout posing as a student has been ordered off campus by University officials...
DIED. Peter Kurd, 80, acclaimed artist of the American Southwest whose paintings, murals and lithographs depicted the sere, light-drenched landscapes and unworldly local personalities of his native New Mexico; of complications of Alzheimer's disease; in Roswell, N. Mex. A West Point dropout who studied with N.C. Wyeth and later married the illustrator's daughter Henriette, also a painter, Kurd was a World War II combat artist for LIFE. During the 1950's and '60s he painted more than a dozen covers for TIME, the most notable being that of President Lyndon Johnson...