Word: institutionalize
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Dates: during 2000-2009
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And the crisis may be exposing another, more insidious, flaw. As the industry has grown, it has become harder to tell good investment managers from lucky ones - and lucky ones from outright frauds. In a recent paper, Dean Foster, a professor at the University of Pennsylvania's Wharton School, and...
Some 4 million Americans sign up for a distance-learning course each year, whether at an extension of a bricks-and-mortar institution or at an online-only school. Although the latter category is populated mostly by for-profit companies, WGU stands out as a nonprofit funded mainly by tuition...
Next to the four diverse, smiling faces on the Harvard College Financial Aid Office Web site is a prominent statement: “Helping You Meet Your Needs.” Peruse the site further and you will find it is replete with reminders of the financial might of an...
But such a program cannot be conceived without changing government regulations concerning financial aid. Luckily, such regulations aren’t quite so detrimental to Harvard—an institution that can afford to replace loans with grants. But they can be disastrous for institutions that lack Harvard?...
We’re lucky that at the moment, Harvard’s financial situation is bearable. But in a society that has watched an institution as seemingly indestructible as Lehman Brothers collapse, nothing can be certain. Donahue insists that “there won’t be a...