Word: interestingly
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Dates: during 1950-1959
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...graduating now as about three quarters of a million dollars. This means that the the costs of repayment would be less than one per cent of lifetime income, assuming that the student borrows for three years (that is, the four college years sans summers), and the interest rate is kept low. Payment would be spread out from twenty to forty years, with option, of course, to repay as soon as one desired. Approximate rates of interest are four per cent on a twenty year loan, and two per cent on forty years...
Perhaps if Harvard combined its scholarship funds with the interest from its investments and had an outside company administer this fund as a loan program, the government could be avoided. But there are other problems. The bookkeeping alone for such a program, keeping track of thousands of thirty and forty year loans, would be of epic size. A great quasi-Social Securities office would have to be set up, and with an inevitable upward rise of secretary salaries and of business equipment, the plan could cost more than it's worth...
...Textbooks," Skinner remarked, "are of little help in preparing a program. They are usually not logical or developmental arrangements of material but strategems which the authors have found successful under existing classroom conditions. The examples they give are more often chosen to hold the student's interest than to clarify terms and principles. In composing material for the machine, the programmer may go directly to the point...
Both the drives "aim at the same area of interest," she said, but the Radcliffe and Harvard committees "represent those interests in different charities...
Perhaps Mr. Moss, in his whimsical way, is kidding. Perhaps he is really interested less in reality and illusion than in money, which most of his characters spend their time discussing. (His heroine is the richest woman in the world, a sharp old cookie in gold slacks, who makes her associates jump through all sorts of hoops in hopes of getting their hands on some of her money.) But Mr. Moss has little of interest to say about money, unless it be that money is very important to people, and that they talk about it a lot. Because the play...