Word: worke
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Dates: during 1970-1979
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...hope you're right and that your results might be useful." Pellechio says, "but you can't go on the assumption that they will be used." In his study of the effect of social security on retirement, he notes that a "retirement effect" induces people to retire early or work less to receive more benefits. He says that, although there is a lot of concern about how social security should be financed, "if social security induces people to retire early, it's sort of chasing its own tail in trying to finance it." He, like other researchers at the bureau...
Whitman won the 1958 Christian Gauss Prize for his work on Homer. He authored a volume of poetry, "Orpheus and the Moon Craters" (1941), and a long narrative poem, "Abelard...
...largely been ignored. Harvard's attempts to ease the burden on the middle class rely on a combination of loans and student employment. Administrators are now encouraging middle-and lower-income students to help themselves by seeking jobs of their own, chiefly through the expanding college Work Study Program. As one administrator says, "You never have to pay back a job"--a reference to the legacy of debt that often accompanies an education...
...windfall. A Congress intent on budget-cutting could slash aid to education any time and administrators remain wary of relying heavily on the federal funds. But for this year, the Middle Income Student Assistance Act that Congress passed in October 1978 should double both grants to students and federal work-study projects at Harvard. As R. Jerrold Gibson '51, director of the office of fiscal services, says, "it's the biggest increase for federal aid to education ever--you can't knock that...
Within the framework of its financial aid operations, Harvard operates the Parent Loan Plan (PLP), begun with the Class of '80 which helps students with family incomes ranging from $15,000 to $50,000. The plan uses a variety of loans, grants and student work opportunities to allow parents to pay off their debts to Harvard in eight years of monthly installments. Administrators say the plan has increased the yield--the number of accepted students who actually attend--of middle-income students. Before the PLP the yield among students in this range was about ten percentage points lower than other...