Word: lowcost
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Dates: during 1990-1999
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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...