Word: poorer
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Paresky emphasized that relations between SPH and the Business School are good and that she expects some level of cooperation. Some Business School alumni have given large sums to the SPH and other poorer schools...
Given the price tag on a college diploma, even comfortably middle-class parents might be forgiven for wondering where to find $100,000 to send a child to a private college for four years. Many are convinced that if they were much richer -- or much poorer -- money would not be a problem. Some view a private- college education as an entitlement, much like unlimited high-tech health care. Such attitudes harden during difficult economic times and a tight job market, when a degree from a top school becomes all the more precious just when it is hardest to afford...
...problem is the law of unintended consequences; if it is easier to get a loan, colleges may feel free to raise their tuitions even higher. Wealthy parents will be able to borrow at bargain rates. Poorer parents, meanwhile, may be tempted to borrow more than they ever expect to repay; the default rate on government-backed loans is roughly 22% and bound to rise. As for outright federal grants, many more families will be eligible. But Congress has not set aside enough money to cover everyone and so is cutting the maximum grant amount. Neither the states nor the colleges...
...pool brings with it some interesting ethical arguments. While their children struggle over SATs, parents will be sitting down with revamped aid applications, about to be issued, to figure out a host of revised rules that take effect Jan. 1. In many cases, the goal will be to look poorer on paper than they really are. Just how unethical is it, they wonder, to outsmart a system they feel is itself unfair? Parents contend that they are penalized if they save for college or their children take part-time jobs, since such savings reduce the amount of aid they...
...weeks later, Keene and Maes returned to New Mexico 30 pounds lighter and hundreds of dollars poorer...