Word: fees
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...It’s a big room with a DJ and beer and people dancing,” said Hurvitz. “There isn’t a whole lot more to it.” Sounds just like a d-hall party, minus the seven-dollar entry fee...
Wall Street also seems unhappy about a fee for being big. Financial executives don't like the idea of having to pay a too-big-to-fail tax, but nonetheless I think they get it. Banks pay for deposit insurance - this just extends the idea to the rest of the bank's liabilities, which get covered by implicit too-big-to-fail guarantees. What a lot of firms don't like is the idea of having to pay a financial-crisis-responsibility fee for the next decade, as Obama has proposed to recoup TARP loans to AIG, the auto industry...
Waived Application Fee! No Required Essay! Priority Scholarship Considerations! Quick Admission Decision!” These are not the spectacular exclamations of the newest credit card offer or online university. On the contrary, these advertisements are emblazoned on the front of University of the Pacific’s Distinctive Candidate Application. These garishly-colored papers comprise one of 30,000 such mailings sent out to high school seniors, offering students the opportunity to apply to college using a pre-filled application that doesn’t require an essay or candidate profile—just a signature. This method...
...otherwise ignored. Bright students might discover that great universities are not found only on the front page of U.S. News and World Report; as a result, lesser-known schools could attract more intellectually gifted students who might otherwise base college decisions on name recognition alone. Similarly, waiving the application fee attracts students who find the cost of applying to college prohibitively high, which increases the accessibility of higher education...
...twisted logic" of Wall Street executives who keep awarding themselves giant bonuses while resisting government efforts to recoup the cost of their industry's bailouts. "Instead of sending a phalanx of lobbyists to fight this proposal or employing an army of lawyers and accountants to help evade the fee, I suggest you might want to consider simply meeting your responsibilities," the President warned...