Word: lowered
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Dates: during 1980-1989
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...about hunting and listing. He is currently at the top of the big-time birding tree, holder of the records for most species seen in a lifetime (777) and the most species seen in a single year (711) in the American Birding Association checklist area -- Canada, Alaska and the Lower 48 states. The world of listing is presided over by the approximately 8,000- member ABA and its magazine, Birding, which ranks birders by species seen, prints erudite articles on how to distinguish different birds in the field and sets rules for the listing game. One such rule is that...
...that has ranged between 44% and 114% annually for the past four years, vs. 11% to 13% for the 500 biggest companies traded on the New York Stock Exchange. Columbia invested heavily in high-yield, high-risk junk bonds and volatile mortgage-backed securities, which provide greater profits at lower cost than traditional home mortgages. That kind of speculative strategy works well when interest rates are declining, but it could be disastrous in the event of an interest-rate upturn, which is now occurring. In all, thrifts have absorbed more than 25% of the $100 billion in junk bonds currently...
...with the Reagan Administration's pruning of financial aid, paying tuition bills has become more difficult than ever for many students. And as financing a college education becomes more difficult, many administrators and education lobbyists say they are worried that the changes are curtailing the educational possibilities for both lower- and middle-class students...
...than ever before, no one is quite sure what effect new taxes and policies have had on the composition of the student population, and what effect they will have in the future. But even though few statistics are available, many observers of higher education say that higher costs and lower amounts of financial aid account for the decline in minority enrollment over the past decade and could lead to further declines...
Some say that the middle class is feeling the worst squeeze from the rising costs. Because of the nature of the changes in the Reagan Administration's financial aid policies, it is members of the middle class, not of the lower classes, who are less likely to qualify for federal help...