Word: minimum
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...certainly hasn’t been a dry year, especially on college campuses. And with that in mind this summer, presidents and chancellors from colleges and universities across the country introduced the controversial Amethyst Initiative to the public, calling for a reassessment of the current minimum legal drinking age of 21. As of this writing, 130 leaders in higher education have signed on. While the signatories prescribe no single policy solution, they do agree that current age restrictions are not working effectively and could even be encouraging certain harmful drinking behavior on college campuses. Unfortunately, University President Drew G. Faust...
...passage of the Federal Uniform Drinking Age Act (FUDAA) in 1984 placed pressure on states to adopt a minimum legal drinking age of 21 by October 1986, or sacrifice 10 percent of their allocated federal funding for highway construction. Many states had lowered their drinking age from 21 to 18 in the 1970s—coinciding with the passage of the 26th Amendment by which citizens age 18 and older were granted voting rights. A primary aim of the FUDAA was to reduce typically high teenage TFRs by limiting access to alcohol for this age group. TFRs...
...Grassley, an Iowa Republican, has floated the possibility of mandating a minimum five-percent payout rate for higher education endowments, similar to the current standards for foundations and other charities that receive tax-exemptions...
...higher education in the last year as Senator Charles E. Grassley, the ranking member of the Senate Finance Committee, began attacking what he saw as “hoarding” among schools with large and fast-growing endowments. Grassley, an Iowa Republican, floated the possibility of mandating a minimum five-percent payout rate for higher education endowments, similar to the current standards for foundations and other charities that receive tax-exemptions. Harvard sets five percent as its payout goal, but it has exceeded that mark only once in the past 10 years. This is in large part...
...Hong Kong voters. Inflation is creeping upwards, and many Hong Kong residents worry about a widening chasm between rich and poor. The most surprising result of the election was the ouster of a number of long-time pro-business legislators in favor of those supporting populist measures, like a minimum wage...