Word: squeezees
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Standards from Yale. Even some public educators are worried that state schools may be getting so powerful that they will squeeze out the many struggling private colleges or deplete the strength of the better ones-all of which face an economic crisis (TIME cover, June 23). Educators agree that the...
Public higher education also faces a financial squeeze, despite the vast sums of money poured into it by state legislatures. Enrollment, salaries and other costs are rising even faster than income. Most state schools have sharply raised tuition-S.U.N.Y., an
The most consistent phenomenon of U.S. airlines has long been their remarkable expansion. The industry has grown an average of 14% a year since 1950, nearly twice as fast as runner-up electric utilities. In the year just ended, the airlines outdid themselves. Operating revenues rose 23% to $7 billion...
Last year American firms invested $10.2 billion, or about 14% of all their capital spending on plant and equipment, in ventures outside the U.S. This rising annual amount brought their total overseas ante to $64.8 billion, more than the gross national product of many a nation, and eight times the...
By summer, Washington concluded that the economy was rebounding with inflationary speed. Chairman Gardner Ackley of the White House Council of Economic Advisers predicted that "a strong revival of demand" would be led by a burst of spending for factories and durable goods. It wasn't. Spotty profits kept...