首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
Harvard thrilled middle-class parents last week by capping its tuition for families with incomes of up to $180,000 at 10 percent
Harvard thrilled middle-class parents last week by capping its tuition for families with incomes of up to $180,000 at 10 percent
admin
2015-07-13
69
问题
Harvard thrilled middle-class parents last week by capping its tuition for families with incomes of up to $180,000 at 10 percent of their earnings. The move sparked hopes of a donation race that could ease the soaring costs of college. Earlier this month, Duke joined a group of schools including Harvard, Princeton, and Stanford that promise free rides to low-income students.
But many point out that these gestures will affect only a few hundred lucky students. The outlays are so comparatively small that they are unlikely to divert pressure for reforms in the ways colleges spend their money—especially the estimated $380 billion of endowment funds stored in tax-free accounts. "It’s an important gesture," College Parents of America President James Boyle says of Harvard. But colleges should do more now with the money they’ve socked away for a rainy day, he says.
The numbers are smaller, but the story is similar at other colleges. The average endowment has been reaping 10 percent a year on investments since 2004. But colleges spent an average of just 4.6 percent of their endowments last year while raising tuition faster than the rate of inflation. That troubles folks like Sen. Chuck Grassley, who’s pushing Congress to require wealthy colleges to spend at least 5 percent of their endowments every year. "Tax-exempt organizations are supposed to provide public benefit in exchange for their special status," he said. "Helping the next generation afford college is a public benefit. "
Many college officials, of course, are battling such rule changes. While Harvard, Yale, and Princeton all have more than $1 million worth of endowment per student, half of all colleges have no more than $2,000 per student saved up. Even high-earning schools say they already are spending as much as they should. Chris Bittman, chief investment officer of the University of Colorado Foundation, racked up almost 23 percent in returns last fiscal year, bringing the school’s endowment to nearly $800 million. He supports the school’s policy of spending 4.5 percent. Recent big profits can’t last forever, he says. Instead, endowments should plan on earning the long-term average of 10 percent.
Still, pressure appears to be forcing some changes. In June, Stanford announced it would increase its endowment spending to 5.5 percent, or $160 million a year. If every school followed suit, that would free up about $4 billion a year (or $200 per student) to increase aid or keep tuition prices down. Or as Richard Vedder, an Ohio University economist, says, "a small step for mankind."
According to the first two paragraphs, the "free rides" to famous schools will probably_____.
选项
A、affect a good many students with excellent academic records
B、promote the reform of endowment spending of schools greatly
C、result in the tuition raise for some other students
D、give pressure to school administrators on money policy
答案
D
解析
事实细节题。答案在第一、二段。第二段最后一句讲到大学应该用存下来的钱做更多的事,这与D项内容相符。
转载请注明原文地址:https://kaotiyun.com/show/cu74777K
0
考研英语一
相关试题推荐
Thedebateabouthowideas,opinions,andbehaviorsradiatewithingroupsofpeoplegoesbackdecades.Accordingtotheso-calle
Comparedwithothermodesoftransport,traintechnologymightseemtobeprogressingasslowlyasasuburbancommuterservicer
Comparedwithothermodesoftransport,traintechnologymightseemtobeprogressingasslowlyasasuburbancommuterservicer
Comparedwithothermodesoftransport,traintechnologymightseemtobeprogressingasslowlyasasuburbancommuterservicer
Thestarsignhasbecomepopularamongyoungpeople.Tohelpstudentsgainsomeacademicknowledgeofit,theStudents’Unionis
Theclassicdifficultyfeltwithdemocracyarisesfromthefactthatdemocracycanneverexpressthewillofthewholepeoplebe
PLUSloansareapprovedforsomeparentswhocannotaffordtorepaythem,severalcollegefinancialaidofficersandfinancially
PLUSloansareapprovedforsomeparentswhocannotaffordtorepaythem,severalcollegefinancialaidofficersandfinancially
Tuitionhasrisenforthe2010-2011academicyearatlawschoolsacrossthecountry,thoughjobsforyounglawyersareincreasi
Humansareuniqueintheextenttowhichtheycanreflectonthemselvesandothers.Humansareableto【C1】______.tothinkinab
随机试题
凡新增土地和原使用的土地()等,均实行有偿有限期使用。
Mr.Brownownsa______shopintown.Healsoemploysthree______assistants.
()是对项目进行全面管理的中心,反映了各投资方对项目的要求,通常采用间接管理方式。
某市的市区北部有一段古城墙,为省级文物保护单位,并划定古城墙内外各100m为保护区,只准绿化,不许建设,由园林绿化队管理。有一投资者看中这块风水宝地,以每年支付100万元的租金在离古城墙50m处投资建设五栋二层青瓦灰砖小别墅,在与绿化队签订了协议后,随即组
在下图所示双代号时标网络计划中,如果C、E、H三项工作因共用一台施工机械而必须顺序施工,则该施工机械在现场的最小闲置时间为__________周。()
某市水务公司和甲单位同在A行开户,本月甲单位向水务公司支付水费50万元,另甲单位由于资金困难,向A银行申请贷款100万元,期限为6个月,银行经审无误办理,后因各种原因甲单位该笔贷款不能按期归还,办理展期手续。按规定,A银行的贷款应转入到甲单位的(
下列行为中,可以进行代理的是()。
在基督教发展的历史上,发生过两次大的分裂,第二次分裂由()而引发,发生在公元16世纪。
注意
AntarcticOceanSanctuarycoversanareaof18millionsquarekilometers.
最新回复
(
0
)