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Other changes include increasing the faculty size, improving loan forgiveness for graduates who go into lower paying jobs-—often public interest—and requiring students to do pro-bono service while...

Author: By David H. Gellis, CRIMSON STAFF WRITER | Title: Students Applaud HLS Restructuring | 3/18/2002 | See Source »

...school has already begun work in all three areas. Last spring the school expanded its loan forgiveness program to include jobs outside the legal profession. Two new professors were hired last week. And Rakoff says he hopes to have the pro-bono requirement in place for the class entering next fall...

Author: By David H. Gellis, CRIMSON STAFF WRITER | Title: Students Applaud HLS Restructuring | 3/18/2002 | See Source »

...Immediately, the bank kicked up controversy. It refused to bail out Sogo, a hopelessly debt-ridden but beloved chain of department stores, forcing it into bankruptcy. And the bank initiated bankruptcy proceedings against First Credit Corp., Japan's biggest mortgage-loan specialist. Aside from overhauling its investment-banking business, Shinsei also launched a retail business featuring fee-free, 24-hour services at its network of 56,000 atms?a concept considered revolutionary here. Shinsei offers savers returns higher than those of traditional banks, at which, Yashiro notes, the annual interest income on a 1 million yen deposit?about...

Author: /time Magazine | Title: Foreign Invaders | 3/11/2002 | See Source »

...Hong Kong company, Tom.com will have to race against globe-spanning titans if it is to realize its vision. The company has a war chest for acquisitions; Hutchison Whampoa granted Tom.com a loan of more than $100 million late last year. Previously dismissive bankers now believe that the company's target of achieving a half billion dollars in annual revenue by 2004 (a large sum by the standards of Asia's fractured media industry) can be met. "This is a very hot company," says an analyst at one investment house. "The European and American banks are telling their people...

Author: /time Magazine | Title: Uncle Tom's China | 3/4/2002 | See Source »

...course, any increase in aid would draw from the University’s financial reserves. But Harvard’s endowment exists to further the academic cause of the University, and allowing students to pursue their education unhindered by loans or work during college should be a major priority for the administration. Indeed, there is no sense in Harvard having an endowment at all if it cannot be drawn upon in order to attract the most talented students in the world, regardless of their financial situations. Once these students arrive they should be able to focus on their studies...

Author: By The CRIMSON Staff, | Title: Overdue Aid for Students | 2/27/2002 | See Source »

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