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...house mortgage loan. In this case, the 'mortgage' is on the anticipated earning power of the college graduate. By his own calculations, Harris sees the lifetime income of a man graduating now as about three quarters of a million dollars. This means that the the costs of repayment would be less than one per cent of lifetime income, assuming that the student borrows for three years (that is, the four college years sans summers), and the interest rate is kept low. Payment would be spread out from twenty to forty years, with option, of course, to repay as soon...

Author: By David M. Farquhar, | Title: 'Education on the Cuff' | 11/28/1958 | See Source »

Arguing against Dogherty's position, Dennis D. Barber '60, pointed out that "we don't exist to repay favors to the student body for the money we receive." The Council's link with the students, he said, was "one of ideas rather than money...

Author: By Richard E. Ashcraft, | Title: Council Votes For Creation Of New Trust Fund | 11/25/1958 | See Source »

...found his talent depleted, his nerves unstrung, his wife Zelda mad, and he faced a literary fate that to a writer can be worse than death-public and critical neglect. In 1937 Fitzgerald packed himself, like "a cracked plate," off to Hollywood, not to recoup his life but to repay his $40,000 debts. There, across two dinner tables in a crowded restaurant he saw handsome Hollywood Columnist Sheilah Graham and said, "I like you." There was to be another act for Fitzgerald, after...

Author: /time Magazine | Title: Books: Honi Soit Qui Malibu | 11/24/1958 | See Source »

...National" products, the 12,150 employees all start the day by lining up and reciting the Seven Commandments of Matsushita. They range from "Be just, cheerful, correct and broadminded" to sharp reminders to "improve yourself through hard work" and exhortations to appreciate employee benefits, e.g., "Be grateful and repay kindness." Recitation over, employees break into a martial company song, The Song of National, that urges them: "For the building of the new Japan, unite your hearts, unite your efforts. Give your all. Let us send our products to the people of the world in an unending stream." Employees then tree...

Author: /time Magazine | Title: BUSINESS ABROAD: Amps in the Pants | 9/29/1958 | See Source »

Stirring Snooper. But any probe that sails a respectable distance into space will repay the sweat and strain. If it soars just 2,500 miles above earth, it will top all artificial satellites, and its instruments will be snooping in regions unknown to man. A probe that got within 50,000 miles of the moon would be an enormous scientific success. Its instruments could record meteorite density, perhaps reveal whether the moon has an atmosphere. Even more important, it could tell some of the secrets of the source of earth's magnetism, and of the thickness of the radiation...

Author: /time Magazine | Title: Science: Reaching for the Moon | 8/18/1958 | See Source »

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