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  #11  
Old 10-19-2009, 01:43 PM
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There are probably investors whose money is in that $550M pile.
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  #12  
Old 10-19-2009, 02:04 PM
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There are probably investors whose money is in that $550M pile.
I'm curious as to who would invest their money in a stadium in Birmingham, AL, although I'm doubtful that I can find such information.
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  #13  
Old 10-19-2009, 02:15 PM
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I was expecting this to be about this story:
http://www.nytimes.com/2009/10/09/ed...arvard.html?hp

Headline:
Leaner Times at Harvard: No Cookies
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  #14  
Old 10-19-2009, 02:27 PM
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This does not surprise me in the least. With professors like Henry Louis Gates running around round there, you know what they say about a fool and his money.
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  #15  
Old 10-19-2009, 03:09 PM
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  #16  
Old 10-19-2009, 04:25 PM
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One quarter of Harvard Business School goes to Wall Street. This article should be moved to the financial crisis thread.
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  #17  
Old 10-19-2009, 04:28 PM
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I haven't read anything about Harvard, or other schools, scaling back on the financial aid although I would expect they have.

Here's an NY Times piece from 12/10/2007:

http://www.nytimes.com/2007/12/11/ed...ial+aid&st=nyt

Harvard University announced on Monday that it would significantly increase the financial aid it offered to middle-class and upper-middle-class students, seeking to allay concerns that elite colleges are becoming too expensive for even relatively well-off families.

The move, to go into effect in the next school year, appears to make Harvardís aid to students with household incomes from $120,000 to $180,000 the most generous of any of the countryís prestigious private universities. Harvard will generally charge such students 10 percent of their family household income per year, substantially subsidizing the annual cost of more than $45,600.

...

Under the new financial aid rules, the university said, a family making $120,000 would have to pay about $12,000 for a child to attend Harvard College, compared with more than $19,000 under current policies. A family making $180,000 would pay $18,000, down from $30,000.

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  #18  
Old 10-19-2009, 04:35 PM
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is a go!
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  #19  
Old 10-19-2009, 04:50 PM
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Obama's health plan reform business plan:
1) Create a public option
2) ????
3) Affordable health care
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  #20  
Old 10-19-2009, 06:14 PM
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Quote:
Originally Posted by Guilty Bystander View Post
I haven't read anything about Harvard, or other schools, scaling back on the financial aid although I would expect they have.
Harvard has actually increased the amount that they give in financial aid this year by a little more than 5%. They gave aid to a little more than 60% of the incoming freshman, which is actually surprisingly low to me given that they give aid to anyone whose parents earn $180,000 or less.
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