Word: higher
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Dates: during 1950-1959
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...decision to expand, the most important question the University must decide is when the costs of expansion will be applied. If it continues to concentrate the costs of education, as it has in the last three years, instead of spacing them, Harvard may well find itself with new buildings, higher faculty salaries, and a student body of stock holders...
Despite its request for $250,000, the University yesterday received a grant of only $26,807 for long-term student loans under the National Defense Education Act. The money is to assure that "no student of ability will be denied an opportunity for higher education because of financial need...
According to Wallace McDonald '44, Director of the Financial Aid Office, colleges in Massachusetts received only $249,680, though total requests from institutions of higher education in the stated totaled over $2.3 million. Thus, each college was given about 10 per cent of its request...
...corresponding hike in the prime rates. Said Hanover Bank's President R. E. McNeill Jr.: "I would not be surprised to see an increase in the discount rate. There is a high level of business, inventories are down, money is fairly tight, and banks are well invested." With higher rates ahead, U.S. bonds had another sinking spell last week, reached the lowest level in years; many Treasury issues now yield more than 4%. Furthermore, future Treasury issues may meet only a tepid reception, because Government bond yields are now bumping against the top legal limit...
...award because Philadelphia was then an area of "substantial unemployment." But under a 1954 Executive Order by President Eisenhower, even substantial unemployment is not a valid argument if a domestic company's bid is 12% or more above the lowest foreign bid. B.L.H.'s bid was 21% higher than English Electric's. ODCM Chief Leo Hoegh got around that by arguing that a contract award to B.L.H. was necessary for clear reasons of "national security." He said the U.S. needed to maintain and keep in good working order the huge machine tools, called "elephant tools," used...