Word: third
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Dates: during 1960-1969
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...school's present endowment furnishes less than one-third of the current $2 million budget. The rest comes from government grants...
...risks and alternatives at the Council of Deans, the President and the Dean of the Faculty of Arts and Sciences seem to have underestimated the costs of the costs of the course of action they selected. Waiting or calling the police at once were not the only alternatives. A third one was available, but it was too easily discarded, or perhaps even ruled out by the narrowness of the process of decision and consultation and by the overriding determination to act without delay. The President could have chosen to present a course of action to the Faculty and the students...
...choice they seem to have made was inevitable; the hoary zeitgeist would have permitted nothing else. We have had now, for perhaps the past twenty or thirty years, a cosmic choice to make. And because we were thinking about the Cold War, and Third World nationalism, and civil rights, and black power and Vietnam, we really didn't notice that we were making a far more important decision than any our "problems" and "crises" were demanding us to make...
Suppose, for example, the University were to decide that science plays too large a role in the university, that a major restructuring should be undertaken, and that all science departments (including research funds, faculty, research assistants and students) should be reduced by one third by 1974. What would happen? Presumably some faculty, choosing to place a high priority on research, would accept positions elsewhere, taking with them some graduate students. No undergraduates would have to leave. Since the reduction in faculty and students would be proportional to the reduction in research money, the financial gap to be filled...
...beds in U.S. nursing homes has almost doubled in the past eight years to 750,000 but less than half are in homes that meet such Medicare standards as fireproofing and staff nursing services. The current additions of 90,000 beds a year can take care of only one-third of the rising need. The shortage has created profitable business possibilities for entrepreneurs. Doctors, lawyers, salesmen, even a talent agent and a junk dealer, have started chains of nursing homes, which live largely off federal funds. Investors have rushed to buy shares in the more than 50 chains that have...