Word: planned
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Dates: during 1970-1979
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When Sen. Edward M. Kennedy '54 (D-Mass.) brought his plan for fighting rising college tuition costs to a public hearing in Boston yesterday, he ran into opposition from some unexpected sources - some students, a college president, and the department of Health, Education and Welfare...
Kennedy, in his capacity as chairman of the Senate subcommittee on education, arts, and humanities, took testimony at Boston University on the Tuition Advance Fund (TAF) bill, which he is co-sponsoring. The plan calls for federal student loans up to $15,000 for undergraduate education; after graduation, participants would repay 150 per cent of the loan through a salary withholding plan at an annual rate of 2 per cent through their working careers...
Available only to sophomores, juniors and seniors, the TAF would create a "revolving education fund" much like Social Security provides a revolving retirement fund. The TAF plan, first formulated by John Silber, president of Boston University, would supplement existing government loans and replace the controversial tuition tax credit plan which died on the Senate floor earlier this month...
While stressing that she was not speaking for the Carter administration, Berry added that HEW suspects that inflation would result in "a huge effective subsidy from the taxpayer" and that some aspects of the plan "would intrude into decision--making processes of private institutions...
...Peoples, co-head shop steward for the Harvard dining halls, said yesterday the kitchen workers do not plan a walkout or work slowdown to protest the contract, but "are going to start compiling demands for the next contract...