Word: shapiros
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Also elected were: Martin Rosenman, of Quincy House and Brooklyn, N.Y., mathematics; Jay P. Sage, of Lowell House and Ridgewood, N.J., physics; James A. Shapiro, of Leverett House and Chicago, III., English; Martin C. Spechier, of Adams House and Lima, Ohio, social studies; Stepher F. Tobias, of Dunster House and New York, N.Y., Far Eastern languages; David A. Waller, of Kirkland House and Louisville, Ky., English; Peter K. Weston, of Lowell House and Santa Barbara, Calif., history; and Lawrence J. White, of Adams House and Beverly Hills, Calif., economics...
...rich. Small wonder, then, that Hollywood royalty steals reverently these nights to the cave of an Amazonian blonde who has, with a glare of her Nefertiti eyes, stretched Steve Allen and Linda Christian board-rigid across chairs in cataleptic trances. "Nobody can follow her," says Screenwriter Stanley (Pillow Talk) Shapiro reverently. "Not even Frank Sinatra...
...current Harvard Educational Review, Economist Edward Shapiro of the University of Detroit argues that loan programs are unrealistic because they are unrelated to the borrower's ability to pay. He proposes a federally financed program that he believes would take "the sting" out of long-term student loans without cost to the taxpayer...
...Under Shapiro's plan, repayment would be geared directly to income. A former student would pay back nothing until his taxable income was more than $4,000 a year. The repayment sum would be 2.25% of taxable income at that level, rising progressively to 19.4% at the $10,000 level. Shapiro estimates that the average student loan would be paid back in ten years. The deficit created by a minority of defaulters and former students who fail to reach the pay-back income level would be met by assessing prospering graduates above the $5,500 income level a slight...
While most current programs have loan limits of $3,000 to $5,000, Shapiro's plan would enable a student to borrow whatever he needed to get him through college. Since tuition will doubtless continue to rise, the unacceptable alternative to a massive and flexible loan program, as Shapiro sees it, is to exclude more and more qualified students from the schools, a shortsighted and unprofitable way to invest intellectual capital. In education, current debt, individual or national, is future wealth...