Word: hike
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...spring of 1994, UC President Carey W. Gabay ’04 was not in a good place. Under fire for not doing enough to promote campus life, Gabay had pushed a $10 termbill hike through the Council—only to be blocked by another UC rep who rallied the undergraduate body against him. Facing searing scrutiny, Gabay rescinded the bill and settled for the small budget he had before...
...name artists this year, just as other colleges are delighting in the springtime visits of The Shins, Ben Folds, and Ludacris, among others. We are terribly let down. On the heels of a greatly increased council budget following the UC’s contentious push for a termbill fee hike last year—a hike that its proponents justified in part by promising bigger concerts—this failure does not bode well for the UC’s campus credibility...
Last spring, we admonished former UC President Matthew W. Mahan ’05 for his zealous attempts to raise students’ annual termbill fee 114 percent on the grounds that the UC had yet to prove the need or the capacity to warrant such a considerable hike in the council’s budget. But, we were hesitantly optimistic. Our words: “A substantial increase in the council’s budget might be warranted. More money would allow the council to organize bigger and better campus-wide events, bring top name bands to perform more...
Given that the council emphasized that the fee hike was warranted because it would allow them to bring big-name bands to campus, securing a great show for Springfest should have been of utmost concern to the UC. Whereas the council’s other notable achievements this year seem to have entailed much forethought and planning, this is a case in which it unfortunately failed to do so. We hope members of the UC realize the significance of this disappointment and work to ensure that it does not happen again...
...that's changing. Empty nesters increasingly view the housing market--even with a recent hike in federal interest rates--as a safe bet. For them, the term boomer might as well refer to housing boomers, who are building their own personal retirement homes instead of parking the cash in the stock market. "These people have the desire--and the money--to trade in the house that they lived in for 30 or 40 years and move into a home that has all the bells and whistles they've ever imagined," says Leslie Marks, executive director of the National Association...