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Congress has also approved cutbacks in the so-called Pell Grant program for low-income students. The approximately 1000 Harvard students receiving these outright subsidies will receive a maximum of $1670 next year, down from $1750. Other students who qualify for special National Direct Student Loans will have to pay 5-per-cent rather than 4-per-cent interest...

Author: NO WRITER ATTRIBUTED | Title: Loans for the Wealthy | 9/14/1981 | See Source »

...McEnroe held serve and then broke back with a stunning barrage of outright winners, including two top-spin lobs Borg didn't even bother to chase. The sudden attack seemed to stun Borg, who never seriously threatened to regain the offensive...

Author: NO WRITER ATTRIBUTED | Title: McEnroe Defeats Borg in U.S. Open; USSR Topples Canada in Canada Cup | 9/14/1981 | See Source »

...such key Greek business sectors as steelmaking, petrochemical fertilizers and the cement industry, Papandreou has refused to spell out precisely how this would occur or how businessmen would be compensated. As PASOK's election prospects have improved, Papandreou's position has moderated somewhat. He no longer urges outright withdrawal from NATO and the European Community or a shutdown of U.S. bases. Instead, he is calling for a referendum on Community membership and annual negotiations with the U.S. on the status of bases. Although a Socialist government in a country has never before been an invitation to foreign investment...

Author: /time Magazine | Title: A Greek Drama at the Polls | 8/31/1981 | See Source »

Despite their objections, the Governors did not reject new federalism outright. But they warned that it "must be a two-way street," as Georgia Governor George Busbee put it. States will resist the further transfer of federal responsibilities, he said, unless "there is a carefully conceived plan to sort out appropriate roles for each level of government and to balance those with adequate resources." It was not acceptable, Busbee cautioned, for "our friends" in Washington to "pick out the most expensive, the most difficult to manage, the most politically controversial federal programs, and hand them over to the states...

Author: /time Magazine | Title: Gee Thanks, Ronnie, but... | 8/24/1981 | See Source »

...exposure as John Paul's loyal second in command. The other: Giovanni Benelli, 60, the conservative, often abrasive Archbishop of Florence, who was runner-up to John Paul at the 1978 conclave. There are some ancient precedents for a papal abdication. Benedict IX (1032-45) sold his office outright to the reforming Pope Gregory VI; Celestine V (Aug. 29-Dec. 13, 1294) resigned to become a hermit after realizing he was not suited for the job; Gregory XII (1406-15) abdicated as part of a deal to end a schism and reunite the church. But Vatican insiders insisted that...

Author: /time Magazine | Title: Religion: Good News for Pope John Paul | 8/17/1981 | See Source »

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