Word: institutionalize
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Dates: during 1980-1989
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Few expenses are spiraling out of reach faster than college costs, which have been increasing about 7% annually. How is a family's nest egg supposed to keep up? A new special-purpose financial institution, the College Savings Bank of Princeton, N.J., is offering a novel solution: a certificate of...
It certainly does not live up to the standards of an institution that considers itself a bastion of idealism. "People apply a different standard to Harvard's commercial real estate operations than they would to a commercial developer," says Gladys Gifford of the Harvard Square Defense Fund.
GSAS's efforts will leave Harvard a more diverse institution. But they also highlight a deeper problem. Minority students are underrepresented at all levels of education. That's a problem for society. The goal of diversifying the Harvard faculty and graduate student body cannot be placed on GSAS alone. The...
The mood seemed remarkably upbeat for the headquarters of a company that has been hemorrhaging money for two years. Workers danced in the hallways. A manager who had submitted his resignation five days earlier changed his mind. All in all, an air of elation last week permeated the Houston offices...
In the view of Hawaii Governor John Waihee, "It's not the origin of an investment dollar that makes it good or bad, but how it is invested." Takeovers that encourage U.S. competitiveness and efficiency and refurbish aging plants and equipment, in other words, are usually good, whoever spends the...