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Most Harvard students rationalize the exorbitant cost of their education by viewing it as a prudent investment. Armed with bachelors’ degrees branded with Harvard’s prestigious name, many expect careers lucrative enough to exceed the nearly $200,000 spent during their four years in Cambridge. In order to result in a net utility gain and therein to serve as a judicious investment, the benefits of student’s time spent under the Crimson must exceed the costs—both the direct financial cost of attending, pegged at $48,868 for next year...

Author: By Courtney A. Fiske | Title: Measuring the Value of a Harvard Degree | 5/1/2009 | See Source »

...carry risks of complications, leading to agonizing ethical dilemmas. In 1976, Ford offered indemnity to the vaccine manufacturers. But according to reports, President George W. Bush decided in 2002 not to administer a nationwide smallpox vaccination program - despite Vice President Dick Cheney's belief that doing so was a prudent counterterrorism step - because it could have resulted in dozens of deaths (the smallpox vaccine kills between 1 and 2 people per million people inoculated...

Author: /time Magazine | Title: How to Deal with Swine Flu: Heeding the Mistakes of 1976 | 4/27/2009 | See Source »

...Washington. The lawmakers who now wag their fingers at the "evil Wall Streeters" were the ones who created the conditions for this crisis. We do not need to become a socialist utopia to dig our way out. We need brash, hardworking, risk-taking, ambitious Americans guided by prudent regulation by their government. Charles van Ravenswaay, Houston...

Author: /time Magazine | Title: Inbox | 4/27/2009 | See Source »

...these days and a basic fact of life during a recession, though we do hope the cuts end up saving us more than just a few dimes. Spending cuts are often unfortunate, especially at Harvard—a place accustomed to abundance. Yet these cuts are also probably highly prudent and necessary, though it is difficult to be sure, since the university’s true financial picture remains cloudy. The decision made earlier this semester to reduce annual FAS departmental budgets and annual House budgets by 15 percent was a difficult concession, but likely sensible in the current environment...

Author: By The Crimson Staff | Title: A Quarter Gone | 4/23/2009 | See Source »

...choice of Steven Chu, the unanimously confirmed U.S. secretary of energy, to deliver this year’s Commencement address is both timely and prudent. A Nobel Prize-winning physicist with a nuanced understanding of the power of scientific innovation, Steven Chu possesses the serious expertise necessary to inspire both current policymakers in the White House and future leaders in Harvard’s graduating classes...

Author: By The Crimson Staff | Title: Crimson Staying Green | 4/5/2009 | See Source »

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