Word: yorke
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...they cannot simultaneously expand their research capacity and recruit top-flight faculty. And the struggling economy is forcing even wealthy families to look for the best value for their tuition dollars. For just $5,000 more in tuition, an out-of-state student could forgo Michigan for New York University, the nation's largest private school with nearly double the number of faculty. In recent years, international enrollments at American public universities has also dropped as more students turn to premier schools in Europe and Asia...
...process lost more credibility when news came out that banks will be able to challenge the results of the tests between when they get them this Friday and when they will be set in stone the following Tuesday. According to The New York Times, "The banks will then have until Tuesday to dispute any of the findings." And, what will the results of any disputes be? Will banks be able to get the government to change conclusions? Or is the action just a courtesy...
Sources: New York Times; BBC; Christian Science Monitor; CNN; ABC News; Los Angeles Times...
...Fourth of July or a well-tailored man with a mysterious past throws wild parties - and then there is Sag Harbor (Doubleday; 273 pages), the new autobiographical novel by Colson Whitehead. Not much happens in Sag Harbor. It's 1985, and Benji, a 15-year-old New York City kid, takes off for his family's beach house on Long Island, where for the first time he'll look after himself and his brother while his parents are at work...
...didn't want to trek back to their hometown bank to get cash. But it wasn't until the postwar boom of the 1950s that credit cards really caught on. In 1950, Diners Club issued its first card--made of cardboard--for use in 27 restaurants in New York City. A year later, nearly 20,000 Americans carried it in their wallet. American Express, which had specialized in traveler's checks, created its card in 1958; the same year, Bank of America mailed its first 60,000 BankAmericards (now Visas) to residents of Fresno, Calif.--a harbinger of the aggressive...