Word: monroe
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Dates: during 1950-1959
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Director of the Financial Aid Center John U. Monro '34 last night praised the proposed house bill which would allow students to earn unlimited amounts with out losing their dependency...
...That'll help us a lot," Monro said, referring to a proposal which is part of a comprehensive tax bill now before the House Ways and Means Committee. "A lot of our boys stop work when they hit the $599 limit." Stop work when they hit the $599 limit." If a student makes $600 during a year his parents lose him as a dependent...
...next $150 he makes all go to the government. Because of the loss of dependency, a boy has to make around $750 before it really brings in any money again," Monro said...
Princeton, represented by Minot Morgan, had pressured Congress for such a bill and had indirectly worked for the other Ivy colleges, according to Monro...
...average boy can make between $700 and $800 during the summer although some make a lot more. Now, they won't have to quit in mid-summer," Monro said...