Word: money
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Dates: during 1960-1969
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...peasants is at best debatable, and perhaps ludicrous. Furthermore, the existence of a compact between Harvard and the Federal government to further the University's expansion appears dubious in view of the fact that, since the advent of the Johnson Administration, the Federal government has been giving proportionately less money to top-rank universities such as Harvard and M.I.T. and more to state universities and junior colleges--to create what Johnson called "regional centers of excellence," rather than only a few major centers of academic work...
...fact is, in the early '60's congressmen from statse such as Missouri and Colorado were not particularly happy to see the lion's share of Federal money going to universities in Massachusetts and California had more than a little to do with the adoption of the "regional centers" policy...
...optimistic about Harvard's chances of gaining substantial Federal aid for construction of the new housing. But Federal aid is never certain and, at least, some Harvard funds might be needed to fill in, as it were, the gaps left by government programs. If the amount of University money needed for housing remains relatively small, it can probably be diverted to this use without much difficulty. But if substantial amounts of Harvard money are needed, the housing program may meet stiff opposition from within the University committee from, for example, Faculty members reluctant to see funds which could be used...
...money to Cleveland, PACE flatly told the city's taxpayers that they would have to come up with $56 million themselves to save their schools...
...made in early 1965. The city schools' fundamental financial problem was clear: the Cleveland school district had a lower tax base to draw from than the suburban schools did, and Cleveland had to pay more of its tax-base revenue for police and firemen. There was simply too little money left over to support any kind of adequate city school system...