Word: profits
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...reductions in excess of $300 billion, the number of layoffs is growing and jobs in these prestigious institutions are becoming increasingly difficult to come by. Perhaps this will convince more students to consider other options after graduation, namely serving their country and people through public service, politics, or non-profit volunteering. If President Eliot’s call to “serve thy kind” refers to human kind, then the past year surely has echoed that sentiment, with the natural disasters in Asia and South America, a global food crisis, various election crises in Africa, ongoing...
...Thankfully, elsewhere, policies are being implemented that will increase access to education for low-income students. Tufts University announced a program to financially assist all students who enter careers in public and non-profit sectors, independent of their school and concentration. Princeton University has entirely eliminated student loans from its financial aid packages. These types of creative, progressive policies should serve as models for Harvard and other universities...
...Currier House master at the time, Dudley R. Herschbach, noted that video game addictions caused by the study might help House Committees to profit on the game machines...
...eventual removal of Craigie Arms from the rent control roster did not have the feared negative impact on affordable housing in Cambridge, since the University invested much of the profit from the sale of the apartments in 1985 to the Harvard Emergency Loan Program (HELP) fund, a half million-dollar program designed to rehabilitate deteriorated low-income housing...
...Harvard Student Agencies, Inc. (HSA) was founded by then-Director of Financial Aid John U. Monro ’34-’35, who envisioned a means of opening the University to all students regardless of financial need. The private, non-profit organization chartered in Dec. 1957 would provide an opportunity for students to defray the cost of attending the College...