Word: succession
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Dates: during 2000-2009
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...About to be thrust into a daunting bear market, members of Harvard’s graduating class have doubtless pondered the ultimate meaning of their hard-earned diplomas. For 17-odd years in the classroom, success has been relatively easy to define: Good work is, in theory, awarded with good grades; the higher the grade, the more consummately the student has achieved her task. Quantified through its positioning in an alphabetical hierarchy, academic success is seemingly straightforward. Yet, once we depart from the academic bubble, the only quantitative measure available to translate the abstract concept of success into an intelligible...
...consulting job is decidedly slimmer than in recent years. Even graduating students who have managed to finagle their way into finance realize that Wall Street is no longer (and perhaps never was) a stable route to mega-millions. Having dutifully planned out their lives based on assumptions of monetary success in the banking world, graduating students are finding that these assumptions no longer apply and, more often than not, that the banks no longer exist...
...these high earnings to our alma mater or simply to ourselves. Although Harvard’s educational program makes an ambiguous contribution to the future net worth of its students, a Harvard degree remains a strong predictor of high earnings later in life—yet it cannot guarantee success. Attempts to place a dollar amount on human life offend our moral sensibilities; success, too, is insufficiently captured by the callousness of a quantity. Ultimately, it is the prerogative of each individual to secure success on her own terms, whether they be monetary or otherwise...
...National Assessment of Educational Progress reading assessment, only a third of 12th-grade public-school students in rural areas scored at or above proficient, consistent with the national average. Rural dropout rates are higher than in the suburbs and lower than in cities.On one hand, the success of public education in any setting is largely the result of quantitative factors that influence schools across regions. Discrepancies in these values manifest themselves in educational inequalities and, over time, have contributed largely to the achievement gap the United States struggles to overcome today. Yet less tangible factors also fundamentally determine the trajectory...
...West. This network broke down as demand in the U.S. and Europe shriveled, but economists say China's stimulus program might be filling in some of the lost sales. Programs to spur domestic consumer spending in China have boosted purchases of items like appliances and automobiles. The success of the stimulus program, economists say, may be rejuvenating intra-Asia trade links and created a boost to exports from other Asian nations. Singapore's exports to China actually rose a substantial 14% in March from a year earlier, while those to the U.S. and EU fell 31% and 22%, respectively. "China...