Word: effective
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Dates: during 1990-1999
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...been called the "Chivas Regal effect." In the '80s a new ethos evolved among university officials--and parents--that equated price with quality. A collateral force ensured that tuition would not only rise but also rise at the same rate for comparable schools. Colleges in the Ivy League have always kept close watch on one another, setting their tuition to make sure no one school became so much of a bargain that it drew the best students just on the basis of price. Less prestigious schools set their prices in relation to what the Ivies charged. Says Meyerson: "We were...
...underlying premise of the Chivas Regal effect proved to be correct. "The theory of it was, basically, we will raise the tuition as much as the market will bear," says William Massy, a former Stanford University finance officer, now a consultant on the subject. And parents bore it. Throughout the '80s, says Meyerson, parents came increasingly to feel that a college education was a necessity, a direct conduit to a high-paying job. Easy financial credit, moreover, made it possible for parents to borrow large sums of money; doing so for college became more socially acceptable. From 1983 through...
Waters said students who search for role models among women and minorities cannot wait for turnover to take effect...
...Jews for Conservative Politics] will tackle political issues from a Jewish standpoint," said Adam M. Kleinbaum '98, chair of the Hillel coordinating council, and a Crimson editor. "Practically, we will talk about Israeli and American politics and its effect on Jews...
...measures, which will go into effect April 7, "will affect every person who works in a PBHA program or is served by one," said Roy E. Bahat '98, president of PBHA...