Word: interest
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Dates: during 1960-1969
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Plans for exchanges of students between Adams and South Houses, and Winthrop and North Houses, have already been proposed. Yesterday, students in Lowell and East Houses expressed an interest in a co-ed exchange...
...problem is that the authority has just been established, has not financed any projects to date, and when it does, may require higher interest rates than it would have a few years ago. Present high interest levels, a flooding of the tax-exempt bond market by new issues, and investors' uncertainty of what the current tax reform proposals will do for tax-exempt bonds have all contributed to drive up the rate on this kind of bond. "We'd like to talk about five per cent, but we're forced to talk about seven per cent. When you're trying...
University officials reject another method of financing-paying for the project out of the University's endowment funds. Though the GSD suggested that Harvard could loan money from its endowment at five per cent interest, Harvard officials point out that endowment funds currently gain about 7 per cent a year and argue that it is vital to keep this return high in an era when all divisions of the University are increasing their demands for funds. "If you take unrestricted money which is now earning interest and use it to meet operating expenses, you just increase the size...
...present, Harvard is concentrating on cutting construction costs, hoping that the state authority will soon be underway and able to finance construction at an interest rate which will permit rents to be set low enough for most junior faculty members...
...tendency of PR to give minority groups representation has however, two major drawbacks: it can produce a legislature unable to work together because its members represent small. conflicting interest groups and it has often led to successful campaigus for PR's abolition when unpopular minorities-Communists in New York City, a militant black leader in Cincinnati-get elected because of the system...