Word: reductionism
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Dates: during 1990-1999
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The committee proposes keeping the loan origination fee paid by students at its current level of 3 percent. And it proposed maintaing the interest rate reduction on new loans scheduled to take place in July, 1998.
The House committee released a plan late last week calling for reduction of a federal subsidy to guaranty agencies, lenders and other secondary markets. That measure would save $4.9 billion.
The other direct way to make Medicare less costly for the government is to make it more costly for the participants. The Part B premium, for example, was originally intended to finance half the cost of the health care it provides. But now it covers less than a third. Raising...
HUCTW is not the only organization to expressunhappiness with the proposed benefits changes.Earlier this year the Faculty of Arts and Sciences(FAS) protested the changes, especially a onepercent reduction to the University's pensioncontribution.
The Marsden committee recommended rolling backthe one percent reduction in benefits and imposinga "soft cap" to link the University's contributionto post retirement health care coverage with risesin health care costs.