Word: transfers
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...Undergraduate Council (UC) recently threw its weight behind the cause of eight Tulane freshmen who spent their first semester at Harvard, proposing a plan that would allow these students to apply for spring transfer status in a special round of applications preceding the standard transfer application cycle. Certainly, the circumstances of these eight students are unfortunate, and all in the Harvard community want to handle this situation with as much respect and sensitivity as possible. Nevertheless, the central facts of this issue cannot be ignored. For reasons of fairness and practicality, the UC’s plan is misguided...
...Undergraduate Council’s expression of support for allowing visiting freshmen from Tulane University to apply to transfer to Harvard mid-year came down on the correct side of an emotional issue. A little generosity and bending of the rules will not hurt anyone, least of all Tulane, and it will make a massive difference to our fellow students...
...visiting students from staying in Cambridge next term. Fortunately, there was no such public announcement, and Harvard has no normative obligation to satisfy the interests of Tulane or Loyola. On the contrary, out of a sense of compassion and sympathy, Harvard ought to give visiting students an opportunity to transfer mid-year, even though visiting Harvard students are ordinarily barred from transferring...
...third of their money using unofficial methods, including taking it home by hand. That money is never reported to tax officials, and appears on no records. One reason for the growth in recorded remittances has its origins in the global war on terrorism. To stop terrorist networks using informal transfer systems like hawala in Africa, the Middle East and South Asia (where it's referred to as hundi), European and U.S. officials have cracked down on them. That has shifted payments to easier-to-track official channels. Some migrants, however, still use methods that elude the bean counters. In Hong...
...remittances account for 3.2% of the country's national income - with wads of euros stuffed in their pockets and luggage. With about 300 people from his village of Ambadedi working in Paris - an estimated one-quarter of Ambadedi's entire population - the community has a well-organized network to transfer money, much of which is aimed at avoiding the hefty commissions from banks. "I write careful notes," Waly says. "'Here's €20 for my mother, €30 to my sister, and so on.'" Of the €1,000 he earns each month cleaning office buildings in Paris, he sends...