Word: hike
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...year. Faced with these losses, and trying to preserve a 500 fare, the Metropolitan Transportation Authority turned down the two striking unions' demands for a 15% raise in the first year of the new contract and a 10% raise in the second. Instead, the M.T.A. proposed a 6% hike in each year. John Lawe, a leader of the Transport Workers Union, whose members make an average of $16,000 a year, called the offer "totally inadequate." The strike was on. Koch proposed a civil suit against the unions for the city's financial losses. Said he: "We will...
...stands, Duehay warned, the tax rate will increase $30 to $50, a hike that translates into $500 to $900 more for the average taxpayer in the city. And for their extra money, taxpayers will be buying sharply reduced services, not only in the schools but across the city budget...
...bonuses for academic excellence. Astonished scholars with high averages got "good grade payoff" checks ranging from $100 (for one term with a 3.8 average) to $1,000 (three years with a perfect 4.0). So much for fiscal '79-80. Alas, the university has just approved a $500 tuition hike for '80-81. Students are protesting again, too, some of them with misspelled posters...
...that might sound impressive, but Walter M. Cabot '55, president of Harvard Management Company, said yesterday that because the University feeds only off the interest from the endowment, the 21-per-cent hike since last July "will have no effect at all" on any of the University's budgets...
...Harvard simply cannot escape the economic pressures confronting anyone who is operating residential property," Sally H. Zeckhauser, president of HRE, said yesterday. Rising energy costs are the single biggest factor in the hike, Zeckhauser said...