Word: lowcost
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...free tuition, books, and stipend providedby the government and the lowcost housing offeredby the University enabled Goodman to attendHarvard...
...stock market crash, but missed the boom which followed it as well. Over the period from June 1985 to June 1995, Harvard's annual return was only 13 percent. The Wall Street Journal has commented, "Any schmo could easily have beaten that simply plunking cash down into a lowcost mutual fund that mimics the behavior of Standard & Poor's 500-stock index." Moreover, for fiscal year 1995, the endowment returned 16.8 percent, a fairly paltry rate compared to the S&P's return of 26.1 percent...
...people most at risk from this bill would be people participating in the Section 8 and 707 subsidy programs. Because landlords benefit from extra government rent payments (and the Housing Authority only subsidizes lowcost apartments) about 80 percent of those subsidized tenants now live in rent-controlled apartments. With a law like 1-2-3, any of these tenants seeking rent-controlled apartments would be left out in the cold. Extra rent payments cannot compete with condo profits...
With no frappe and hamburger palaces nearby, Dunster has resourcefully set up a small arcade in the C-entry basement which features, besides ping-pong, pool, and television, a wide selection of lowcost sandwiches, a milk and apple-juice dispensor, and a three-flavored soft drink machine. As the evening progresses the Dunster center of gravity shifts from the well-used common room to the C-entry arcade. The sale of sandwiches indicates that about one-third of the House eventually gathers in there each evening, thus providing another cohesive factor in a naturally cohesive House...
...certain whether Argosy will be able to continue chartering lowcost flights to Europe after this summer. The board originally banned it because it reputedly was taking too much business away from the scheduled airlines...