Word: percenting
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Harvard has rightly targeted outsourced custodial labor as a sector of the operational budget that can be cut. One Source, a contractor company that cleans properties operated by Harvard Real Estate Services, has been asked to cut costs by 30 to 40 percent. American Clean Company, a contractor that services the Harvard Medical School, has been requested by HMS custodial directors to eliminate 13 of its 27 workers. These reductions do not seem unreasonably drastic compared to the layoffs occurring outside of Harvard. Economic recession inevitably affects jobs...
...should also be noted that this expected increase is in line with previous years’ and also with tuition increases at peer institutions. Princeton this year announced that it would raise its tuition by 2.9 percent, Dartmouth by 4.8, and Cornell by 4.9. Harvard is not at all unique in this respect...
...percent increase will bring the total tuition package (which includes room and board) to $48,868. This increase will be paired, however, with a corresponding increase in financial aid disbursement, which should mitigate the overall impact of the tuition hike. In other words, Harvard will still be able to meet the financial needs of every admitted student, regardless of the price of tuition...
...don’t, however, miss the higher airfares. Over the last decade, plane ticket prices have become ridiculously low-priced—on the whole, airfares have dropped an average of 30 percent since 1990. It’s easy to get used to paying less; when fares aren’t as low, the public is outraged and accuses airline executives of lining their pockets...
...easy to see the shift by looking at bands of FICO scores - a popular measure of a borrower's creditworthiness. In January, 18.58% of loans associated with a FICO score below 688 were delinquent by one measure - a large number, but just half a percent more than in December. By contrast, the number of delinquent loans in the top tier (752 or higher), jumped by nearly 7% in January. The overall percentage of problem loans remained small by comparison - the delinquency rate rose from 1.45% to 1.55% - but the quickening pace of homeowners falling behind on their payments signifies more...