Word: less
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Dates: during 1970-1979
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...right and that your results might be useful." Pellechio says, "but you can't go on the assumption that they will be used." In his study of the effect of social security on retirement, he notes that a "retirement effect" induces people to retire early or work less to receive more benefits. He says that, although there is a lot of concern about how social security should be financed, "if social security induces people to retire early, it's sort of chasing its own tail in trying to finance it." He, like other researchers at the bureau, is building...
...loans. Across the nation, NDSL has been plagued by students defaulting on their loans, and Congress dislikes the program. Nor did a 60 Minutes expose of the NDSL's problems in the fall help its reputation. Next year, Harvard will receive $440,000 in NDSL funds, 26 per cent less than this year's allotment. However, Radcliffe will get more because this year's allocation was unnaturally small, after Radcliffe failed to loan out all the 1977-78 funds. Martha C. Lyman, director of financial aid, says, "It's not the end of the world when...
Lyman says cuts in federal aid programs will hurt Harvard and Radcliffe less than many smaller institutions because the University has two other areas from which it can draw financial aid resources. Income from restricted private grants from 300 separate accounts approaches $3 million annually, and the office of financial aid supplements these funds with money from the Faculty of Arts and Sciences. Lyman says she hopes she can reduce the dependence on the FAS funds. Despite the significant increase in awards for next year, FAS will supply in 1979-80 the same amount...
...also calls in his report for increased integration of teaching with research at the school. He says faculty members may do better to spend more time researching new fields and less time in painstaking preparation of case materials...
...policy of apartheid is abhorrent--and feigns a deep concern about American corporate support of the South African status quo. At the same time, however, it advises Harvard to do as little as possible to pressure companies in which the University owns stock to reform their employment policies, and less to withdraw from the country entirely...