Word: stipends
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Dates: during 1990-1999
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...Mellon grant, which was created in 1989, offers a two-year, $6,600 stipend to fund student projects ranging from faculty-assisted research to outside internships...
...downtown and poor neighborhoods. Despite appearances of a hefty hand-out, the plan will come with strict budgetary strings attached, cautioned White House spokesman Mike McCurry, who touted the deal as a "plan of tough love." The District, for example, would no longer receive its annual $660 million federal stipend, and would be required to balance its multi-billion dollar budget by 1998, one year earlier than presently required by Congress. Mayor Marion Barry, who has repeatedly clamored for additional federal assistance, greeted the plan as one that could ?help us become America?s First City...
Unfortunately, Hirsch was not Midas, and he couldn't afford to pay his postdocs more than the standard $18,000 yearly stipend. To support his family, Ho started moonlighting in Mass General's walk-in clinics. It turned out to be the right time to be in that place too. "The clinics are where you see the flus, the colds, the common illnesses," Ho says. In the mid-1980s, however, he started seeing gay men with what appeared to be an unusually severe flu. They always got over their illness without any of the hallmarks of AIDS. Still, he wondered...
What can be done? Lots. The Social Security retirement age could be raised higher than the current 65. Benefits could be means-tested so richer recipients would have more of their monthly stipend taxed. The system could be partly privatized, with more people responsible for their own retirement savings. Some of the system's money could be invested in stocks, which could reap a greater return than currently possible, as the trust fund invests only in Treasury securities...
Back when Archie played, football players were given a modest "laundry stipend" of $15. Nowadays they don't even get that, though television-rights fees have increased exponentially, and shoe money has pushed the income of some coaches into seven figures. According to NCAA rules, a player can't hold a part-time job during the school year, lest he neglect his studies, or worse, be given a no-show, easy-money position. The current executive director of the NCAA, Cedric Dempsey, has appointed a special committee to explore ways to help the welfare of student athletes...