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<strong>MDHE</strong> – Missouri Department of Higher Education, the Missouri state agency overseeing the state' s higher education systems and related policies and administering student aid programs, including the FFEL Program and state aid programs such as the Bright Flight Scholarship. Also known as the DHE. The agency' s website may be found at
www.dhe.mo.gov.
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Burns, Arthur Frank, 1904-87 (B3)<br />An Austro-Hungarian who emigrated to the USA in 1914; educated at Columbia University and professor at Rutgers University from 1927 to 1958. Principally renowned for his susrNEss CYCLE research at the NATIONAL BUREAU OF ECONOMIC RESEARCH, Washington, DC, in 1930-44 and chairman of the Board of Governors of the US FEDERAL RESERVE SYSTEM from 1970 to 1978, where he practised his conservative monetary beliefs. As US Ambassador to West Germany in 1981-5 he negotiated the German Treaty of 1982 to obtain more German logistic support for US troops. His final years were spent in research at the American Enterprise Institute. In his important exposition of business cycle theory (with Wesley Mitchell) he compiled a list of economic indicators which became the basis of business cycle forecasting in the USA after 1945. He calculated 'reference cycles' as the single indicator of turning points in cycles. A noted antiKeynesian in economic policy matters.<br /> <br /><em>Reference</em><br />Bums, A.F (1946) Economic Research and the Keynesian Thinking of Our Times, Washington, DC: National Bureau of Economic Research.<br /> - (1954) Frontiers of Economic Knowledge, Princeton, NJ: Princeton University Press.<br /> - (1969) The Business Cycles in a Changing World, New York: National Bureau of Economic Research.<br /> Bums, A.F and Mitchell, WC. (1946)<br />Measuring Business Cycles, Washington, DC: National Bureau of Economic Research.<br /> Mullineux, A. (1990) Business Cycles and Financial Crises, Heme! Hempstead: Harvester Wheatsheaf.
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<strong>DAAR</strong> – Default Aversion Assistance Request, the request sent by the lender to the MDHE to request DAA when a borrower is more than 60 days delinquent.
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