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...Beacon charter schools in Florida and New York had performed above the state and national norms. In Philadelphia, however, Chancellor Beacon became the only management company fired by the district. According to Philly schools chief Vallas, the company failed to "create a presence" and didn't provide teacher training, shrink class size or offer after-school programs--all goals of the reform board that awarded the contracts. Contesting those claims, Chancellor Beacon points to more than $1.5 million in textbooks it purchased, hours of training it offered and in-depth studies it conducted on its five schools...

Author: /time Magazine | Title: Education: Grading The Philadelphia Experiment | 6/23/2003 | See Source »

...sure I'll end up there. Or I'll shrink my head and put it in a glass box in the living room." LISA MARIE PRESLEY, on whether she plans to be interred at Graceland after her death...

Author: /time Magazine | Title: Verbatim: Jun. 16, 2003 | 6/16/2003 | See Source »

There's a perfect storm brewing on Europe's horizon - a combination of tentative markets, sluggish growth prospects, and a demographic time bomb that will see the ratio of workers to retirees plummet dramatically over the next 40 years. The result; as state budgets shrink, Europe's consumers will have to rely more on themselves for things they once took for granted - like retirement benefits and comprehensive health care. For some, that will mean entering the investment culture for the first time - just when the outlook is bleak. For others, it will mean holding their noses and forging ahead despite...

Author: /time Magazine | Title: Surviving the Slump | 6/9/2003 | See Source »

...attempt to remediate at least some of these chronic problems—and especially to shrink its budget deficit and to close the achievement gap—in the spring of 2002, the school district decided to consolidate or close several of the city’s 15 elementary schools...

Author: By Claire A. Pasternack, CRIMSON STAFF WRITER | Title: New Leader to Tackle Troubled City Schools | 6/5/2003 | See Source »

WAGE RAGE Even those who are lucky enough to keep their jobs are seeing their paychecks freeze or, worse yet, shrink. Why are American workers dying the death of a thousand pay cuts...

Author: /time Magazine | Title: Contents: May 26, 2003 | 5/26/2003 | See Source »

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