Word: money
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Dates: during 1960-1969
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...School has begun a genuine program of change. But as Sizer puts it, "it's not revision, it's evolution." The Ed School's upheaval subsided in the face of some very old problems: the need to balance action programs with academic inquiry, and lack of money...
...keep putting band-aids on urban schools. We've got to have some long-range solutions." To get at the problem of training teachers Sizer has applied for a federal grant to fund two clinical training schools and the faculty to fill them. He hopes to get the money by June, but there is no certainty of its coming...
Cleaver, still reported eager to come, has reduced his fee to $750, and the Kennedy Institute anticipates little trouble raising the extra money...
...addition, Chrysler hopes to save money by cutting its two-year or 24,000-mile general warranty to one year or 12,000 miles and restricting it to the original owner instead of the first two. The company will retain the five-year or 50,000-mile "power train" warranty, which it devised in 1963 to cover defects in such things as the engine, transmission and differential...
...still owned 78.2% of TWA and would, in effect, have been paying the assessments largely to himself. But, in a daring gamble that he would not have to pay damages, Hughes sold his TWA shares for $546.5 million in 1966. Thus, if he must now pay up, the money will come out of his millions with which he has lately been acquiring hotel casinos and real estate in Las Vegas...