Word: moneyed
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...college savings plan is designed to be a tax-deferred investment tool for higher education. The beauty and simplicity of the plan is that the government has a very limited ability to obstruct or intervene when it comes to who can donate to or benefit from the plan. Money for school and basic expenses are met using a simplified investment vehicle not perishable to the vagaries of market forces and unscrupulous human behavior...
...herein lay the problem of most scholarships. A grant and scholarship exists to provide an education using a fixed amount of money. An education is an investment and so is a high school graduate. If we take a high school graduate, the money we put into his education, and the school he attends all as investment vehicles, then scholarships should be turned into college savings plans that pump an initial volume of funds into a portfolio that is guaranteed to bring a positive return...
...there was one major obstacle separating the Harvard women from their dreams of cannolis, gondola rides, and top-notch European soccer—money...
...main source [of revenue] was selling our Ivy League Champions t-shirts,” Sheeleigh says. “Then we had some players work at a swim meet to make extra money. We also held an event at Uno’s Grill one night, where all of the proceeds went to the Harvard women’s soccer team...
...Merkel has so far been unmoved. She says that Greece, which has enacted stiff austerity measures to slash its budget deficit, does not need an influx of outside money yet. She is backed by the German public, which is reluctant to spend its hard-earned cash bailing out a country it sees as reckless, feckless and even corrupt...