Word: give
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Dates: during 1980-1989
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Like all PR people, these senior gift cheerleaders have no important ideas of their own in this task. But they do have the necessary arrogance to assume that their classmates--who have no income yet--are rich enough to give their parents' money to Harvard...
APPARENTLY, the gift is money donated by the graduating seniors to improve undergraduate life--faculty salaries, the House system, scholarships, and so on. I should give this money, I am told, because "future students of Harvard-Radcliffe deserve your support...
...University calls this money "unrestricted income," to differentiate it from most of the endowment, which is restricted by its donors for specific purposes. This means that even though Harvard has enough money in its endowment to, say, pay every American $20, run Eastern Airlines and give the unions lots of money, or buy a fleet of Stealth B-2 bombers, the University cannot: a) renovate the stinking bathroom in your suite, b) pay junior faculty more since they won't be getting tenure anyway, c) subsidize extracurricular or certain academic programs...
...supposed to give this money? Out of some sense of gratitude that I was allowed to spend my college years at Harvard. Harvard allowed its seniors "The emotional and intellectual growth they experienced, the lifelong friends they made, the horizons opened to them both in the classroom and outside," claims the Harvard-Radcliffe Fund. None of these things would have happened at other colleges, I suppose, especially those without the charming class gift agents swarming about for money, like bees on honey...
EVEN 10 days after Ed Krayer '89-'90 scored The Goal in St. Paul, Minn., to give the Harvard hockey team the 1989 NCAA title, folks around here don't want to forget about the Crimson's unforgettable victory over the University of Minnesota...