Word: moneyitis
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...budget cuts, one student organization—the Leadership Institute at Harvard College—just received a $50,000 cash infusion. The grant from the Flora Family Foundation, which supports public service initiatives, will be given to the student group in two yearly installments of $25,000. The money will be used to expand the Leadership Institute’s existing programs as well as develop new curriculum. The student-run Institute—started in 2004-2005—seeks to provide concrete leadership training to supplement academic education for students. The organization holds skill-building workshops...
...classmates is an Olympic gold medalist. Another won a Nobel Prize. One donated enough money to the university that a building was named after him. One caused a change in the course of U.S. history. Only the first of these events was predictable during college. On the other hand, my guess is that 10 percent of my classmates are in poor financial straits. When one such tried to speak up at a reunion, he was ignored...
...astonishment, the customs had no clue about my transporting the robot to Sri Lanka. They decided to detain it in the airport and ordered me to bring a special letter from the Ministry of Defense to reclaim the box. They also told me to bring along enough Sri Lankan money to pay a fine and tax. I agreed to the fine but questioned why I should pay tax on a university prototype with no commercial value. Based on arbitrary criteria, one officer estimated a value of 5,000 rupees for the parts, and another estimated a value...
...meet in Pudukkottai, where she returned after losing her medal. "It was difficult but now finally I feel O.K.," she says with a laugh. The state government of Tamil Nadu awarded her a television set and a cash prize as a show of support after Doha. Soundarajan took that money - a little more than $30,000 - and in 2007 started a sports academy in Pudukkottai. About 68 students now train there, including two who she says won medals at the Chennai marathon. "I like to train children who have not much money but lots of talent," she says...
...country being wealthy, Libyans are relatively happy - even though they have little free speech and no democratic elections. Health care and education are free, and the prices of staple foods are controlled. Unlike Libya's neighbors, Egypt and Algeria, the country has "no big urban proletariat with very little money," says Dalton, who sees little threat to Gaddafi's continued rule, despite his astonishingly long reign. (See pictures of Africa...