Word: pays
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Dates: during 1990-1999
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Against this line of reasoning comes the argument that Harvard is arbitrarily rich and should pay out more without charging students more. This is not the place for an extended analysis of how Harvard prioritizes various current needs and its obligation to pass a healthy institution along to future generations. I would only note here that as to direct expenditures on behalf of students, financial aid--which is money directly into the pockets of many of our students--has in recent years been the number one priority. A bit more than a year ago the financial aid budget was increased...
...surcharges are particularly galling to pols and consumer groups because they seem to amount to blatant double dipping. For example, a nondepositor who pays $1.50 for ATM cash often pays his own bank a $1-to-$2 fee for the same transaction. Such fees more than cover the cost of the transaction, which opponents put at 27[cents] per withdrawal. Says Santa Monica's Feinstein: "The banks say there is no free lunch for a service, when in fact they are asking us to pay twice for lunch...
...things wrong with the Gore campaign is that Gore chose to pay a feminist such as Naomi Wolf $15,000 a month so he can figure out how to act like a man [NATION, Nov. 8]. But the Vice President might really need to cultivate the women's vote, because at this rate he is surely going to lose the men's. GERALD PARTIDA Chino, Calif...
...board majority agreed really are in prospect. At TIME's meeting, Summers indicated that the $3.5 trillion public debt would be wiped out completely if all the Social Security surpluses and part of the non-Social Security surpluses projected to emerge over the next 15 years were used to pay it off. That would create a host of new challenges for economists and currency traders. What kind of security, for example, could replace the 30-year Treasury bond as the bellwether of bond trading and as a particular magnet for foreigners who accumulate dollars in trade with...
...better return on their retirement income. Ursula Linke, 60, of Silver Spring, Md., and her husband, tired of earning a relatively paltry 4% to 6% on their annuities, moved their entire life savings of $700,000 into viaticals sold by Liberte Capital Group of Toledo, Ohio, which claimed to pay 14% on a one-year maturity. "We wanted to have a sound investment, retire and have some peace and tranquillity," says Linke. After the first few quarterly payments arrived from the company, the money suddenly stopped coming. Liberte Capital blames its escrow agent for the problem. Now Linke...