Word: premiums
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Dates: during 1950-1959
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...best, he writes, "the character of the work entailed in obtaining the Ph.D. from a first-class university calls forth intellectual powers of a higher order than does that involving the M.D. Although the latter is usually a product of exacting requirements, the work leading to it places a premium on memory ... In contrast, the Ph.D. requires the candidate to make a significant contribution to the store of knowledge...
GERMAN VOLKSWAGENS are in such demand (a six-month wait in some U.S. cities) that U.S. dealers have started to buy used cars in West Germany for premium prices, ship them to U.S., sell them for new-model price (about...
...secondary education in the United States today the premium is on group acceptance, on conformity and fitting in. "Intellectualism" and the will to learn are inevitably coupled with unpopularity. Herschell Podge failed to realize his potential in high school because he started with three strikes against...
Thus Herschell, and most of America's gifted children--in order to survive in high school communities where the premium is put on social acceptance--and the scholar is only compensating for his big feet or his bad looks-generally adjust to that norm. The very educational system entrusted with the responsibility to train Herschell Podge and his fel- lows too often succeeds in converting intellectual interest into dance committees, campus clean up campaigns, school legislatures, and high school fraternities. Herschell is wasted...
...take the form of allowing the student to sign up for a smaller number of weekly meals if he wishes, to be taken at any time or to conform to his own class or sleeping schedule. The sure-winners in Lehman Hall could even profit from levying a small premium on the student who subscribes to such a program in the expectation of a much larger saving on meals he never eats anyway...