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...solution embraced by the likes of DuPont and BankAmerica is to grant CEO stock options that can be cashed only after the stock has risen a specified amount. That way a CEO doesn't make a killing unless the stock really zooms. An even better answer is to devise stock options that are indexed to the market or some peer group. They would remain worthless unless the stock outperforms its competitors. Some have suggested the CEOs be required to buy stock above the market price, but that incentive could hurt workers, since a time-honored method of making the stock...

Author: /time Magazine | Title: HOW CEO PAY GOT AWAY | 4/28/1997 | See Source »

...amount of soy milk consumed in Harvard dining halls has risen each year since it was introduced five years ago, according to Harvard Dining Services (HDS) Executive Chef Michael Miller...

Author: By Geoffrey C. Upton, | Title: Soy to the World | 4/12/1997 | See Source »

Hall's class, Economics 1444, is extremely popular among economics concentrators. Hall has taught the course for two years, during which the enrollment has risen from 180 students to about 300 this year...

Author: By Matthew R. Hubbard, | Title: Economics Professor Hall Leaves FAS for Business School | 4/4/1997 | See Source »

Despite such pressures, Meyerson managed to restrain Penn's tuition increases. By 1980 Penn's base tuition was $5,270, more than double the cost a decade earlier, but inflation had risen at roughly the same rate. So had median family income. If tuition was higher, so was America's ability...

Author: /time Magazine | Title: WHY COLLEGES COST TOO MUCH | 3/17/1997 | See Source »

...charges for the past two years, taking advantage of new efficiencies in residential and food-service operations. But the costs of providing a premium education--everything from complying with new federal regulations to keeping up with changes in automation--have skyrocketed, she says. Even the expense of data has risen sharply. An online index of physics abstracts, for example, costs Penn $50,400 a year; when the index was just a series of books, it cost $7,748. "None of us anticipated it," says Rodin. "When it's electronic, we're charged for every...

Author: /time Magazine | Title: WHY COLLEGES COST TOO MUCH | 3/17/1997 | See Source »

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