Word: rich
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Dates: during 2000-2009
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Imagine you are a successful alum several decades out of Harvard or a similarly prestigious institution. You have a few million dollars that you want to give to charity. Where would your donation go? For a high proportion of today’s ultra-rich, the answer to that question is one’s alma mater, along with cultural institutions like museums, symphonies, or operas. It’s not hard to see why—in addition to altruistic motives, the rich reap benefits from giving to these types of organizations. For instance, the benefits of being...
...Professor Reich claims he is concerned about poverty. But it is an educated person who is statistically less likely to ever become poor or dependent on welfare. Reich editorializes against inequality (“America’s very rich are richer than ever”) but after naming the problem, he rejects a proven solution. Higher education is key to social mobility, and more donations have allowed colleges to afford financial aid initiatives. A decrease in donations received due to tax considerations would only hurt lower- and middle-class families...
...undergraduate student body more racially diverse, but aside from the institution of need-blind admissions, no similar steps had been taken to diversify along economic lines—a problem not unique to Harvard, according to Summers. “If you look across the country, dumb rich kids are more likely to go to college than smart poor kids. The message of Harvard’s availability to low-income students was very much a shrouded and unclear one,” says Summers, who is now the Eliot University professor.And so, in February 2004, Summers announced the creation...
...sister suffered worse brain injuries when their family SUV hit a patch of black ice, was making an appeal for President Bush to reconsider his veto of legislation that would have expanded the program designed to provide health coverage to children of the working poor - those who are too rich to qualify for Medicaid but unable to afford private insurance...
...these exquisite little phials - the height of fashion in 18th century Beijing - cast a spell on collectors today. Handcrafted from every material known to the Qing dynasty (1644-1911), including copper, glass, porcelain, jade, ivory and amber, each one is a miniature masterpiece of the applied arts. Rich in symbolism - achieved through decorative techniques such as enameling, stippling and relief carving - they served as courtly gifts and good-luck charms. And their social significance wasn't to be sneezed...