Word: overextended
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Dates: during 1990-1999
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...Members of the administration say Harvard students are in some ways selected for their tendency to overextend themselves...
...lost a combined $58 million in the first quarter of 1997, while most big carriers enjoyed sky-high profits. "You have to find a niche and stay with it," says Bob Reding, Reno's president and CEO. "A lot of start-ups try to grab too much, and they overextend themselves...
...fully funded, and high-income students pay full freight, but it's the middle class that really has a hard time," says Rosovsky. Increasingly, institutions are divvying up their limited funds into skimpy partial-aid packages rather than full grants -- a practice known as gapping. This leads students to overextend themselves by taking on unadvisably large loans or excessively demanding jobs. Both Reed College in Portland, Ore., and Amherst College in Massachusetts, for example, will ask their financial-aid students to kick in about $500 more than last year, either from loans or campus employment...