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Colleges Can Avoid Shutting the Door on Financial Aid Knowledge

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Colleges Can Avoid Shutting the Door on Financial Aid Knowledge

This month, scores of candidates to Muhlenberg and Whitman Faculties acquired gives of admission. Maybe they have been a pleasing shock for college students who had sleepZoomed their manner by junior 12 months.

However what shouldn’t be a shock for many of them is the value that the colleges will ask them to pay — or reductions which can be out there, even for households who’re rich.

That’s as a result of Muhlenberg and Whitman are within the vanguard of a motion towards transparency concerning the worth of school and the method for reducing it. Many others, like Northeastern College, are laggards, on objective. Others don’t appear to have given a lot thought to the necessity for upfront readability.

That’s an issue.

“When the variable of finance is delay to the top, it’s not clear, and it’s actually irritating,” mentioned Adam Miller, Whitman’s interim vp for admission and monetary support. “And it may well result in actually horrible outcomes the place households are having excruciating conversations the place a pupil has fallen in love with a school and it’s not going to be financially inexpensive.”

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Colleges have two main methods of figuring out any low cost you would possibly get on the value. The primary, need-based monetary support, is a course of by which the federal authorities and the colleges themselves assess your revenue — and a few of your belongings — to find out what they assume you ought to have the ability to pay, even when their expectations don’t match yours. The second, benefit support, is far much less predictable and describes every little thing from extremely aggressive scholarships to reductions {that a} faculty gives everybody.

In case you can’t get true readability on both one forward of time, you’re buying and making use of at nighttime. And an unlucky fact underscores the necessity for clearer explanations: Solely a small variety of colleges are rich sufficient to have the ability to settle for each pupil they need after which give all of them sufficient grants to make attending inexpensive.

The remaining face powerful decisions. Some colleges admit each pupil they need with out taking into consideration their capability to pay — a course of known as need-blind admissions — however with out giving all of them sufficient reductions to make it inexpensive.

Others intention their support finances at a smaller group and reject some in any other case worthy candidates as a result of their want will probably be too nice. That course of is commonly known as need-aware. Some need-aware colleges meet the total want of everybody they settle for, whereas many others don’t.

Few schools will clarify this to you in plain English or lay out their very own course of intimately. However Muhlenberg, in Allentown, Pa., stands out for a little-known, ought-to-be-mandatory-reading essay known as “The Actual Deal on Monetary Support” on its web site. The varsity has determined that there’s a advantage to only telling it like it’s.

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“Cash has turn out to be a method to enrolling the actual college students that an establishment most desires,” the Muhlenberg essay explains. “This phenomenon known as ‘preferential packaging.’”

The essay factors out an unlucky consequence: “Some college students nearer the underside of the admitted pupil group are ‘gapped,’ that means that they’ve a monetary support bundle, nevertheless it doesn’t meet their full want.”

Which means Muhlenberg (and scores of different establishments prefer it) will virtually actually disappoint a few of its accepted college students with worth quotes which can be unaffordable. Given the refreshing straight discuss within the essay, nonetheless, they shouldn’t be shocked that such an final result is feasible.

As helpful as Muhlenberg’s phrases are in describing how schools quote costs, different colleges simply go forward and inform candidates how their particular grades and scores would possibly affect their reductions.

On the College of Alabama, out-of-state first-year college students have 9 (9!) scholarship qualification ranges, relying on take a look at scores and grade-point averages. The College of South Carolina gives common test-and-grade ranges for its many alternative quantities of benefit support, and Wabash School has a transparent information, too.

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(All schools should provide a internet worth calculator that lets you enter your monetary knowledge and estimate what the varsity would possibly cost you, however the calculators must reckon with solely need-based support. Oberlin School & Conservatory is one exception among the many extra selective colleges that features benefit support in its calculator.)

Whitman, in Walla Walla, Wash., goes even additional to assist potential college students weigh the prices. Its early monetary support assure invitations potential candidates to request a worth quote by submitting tutorial info for benefit support and monetary knowledge for need-based support. Then it comes again with a quantity.

Whitman would possibly provide you with an even bigger low cost than what it guarantees upfront — as soon as it does a extra thorough evaluation of your full utility file — however not a smaller one. The School of Wooster, in Ohio, additionally gives a personalised estimate and an analogous assure, so long as folks submit correct info.

To Whitman, the shortage of upfront readability on pricing was a primary market inefficiency that it may repair. “Some schools might profit from a scarcity of monetary transparency,” Mr. Miller, the Whitman interim vp, mentioned.

Certainly, far too many faculties preserve issues opaque, and one has really doubled down on withholding helpful info.

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In a column about early determination candidates in January, I cited Northeastern for example of a faculty that made it tough for a lot of college students to determine what the varsity would possibly ask them to pay when making a suggestion of admission that’s theoretically (however not likely) binding.

Late final 12 months, Northeastern’s web site supplied complicated language: “College students who’re within the prime 10-15% of our applicant pool are thought-about for aggressive benefit awards.”

I requested the varsity about this unhelpful phrase salad, and finally, Northeastern modified it. Nevertheless it made an error — after which eliminated the determine altogether. Right here’s the precise one, by the best way: Within the 2020-21 getting into class, 59 p.c of people that had no monetary want bought benefit support anyhow.

Why not simply say that, then? “The college is putting far more emphasis on need-based support today,” Michael Armini, a college spokesman, mentioned in an e-mail. “That’s what I need the main target of our messaging to be.”

So how does Northeastern take into consideration an applicant’s want when deciding whether or not to allow them to in? Are its admissions need-blind, or need-aware?

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Northeastern meets the total want of scholars from america who handle to get in, a reality it rightfully boasts about on its web site. However once I requested Mr. Armini if capability to pay may play a task in whether or not candidates are accepted, he wouldn’t inform me.

So I did what any mum or dad would do and contacted the admissions and monetary support workplaces myself — and initially bought conflicting solutions. This compounds Northeastern’s readability downside: If it’s going to maintain very important, primary info off its web site, whoever solutions its telephones ought to have the ability to discover the precise reply to the ensuing questions.

It wasn’t till I bought an e-mail again from a senior member of the admissions workplace that I used to be sure: Northeastern is need-aware. (Mr. Armini instructed me later that that they had run the reply by him.)

“Totally different colleges will select to supply totally different ranges of transparency concerning monetary support,” Mr. Armini mentioned in an e-mail. “The overwhelming demand for a Northeastern schooling continues as a result of we’re the worldwide chief in experiential studying, a mannequin that results in superior outcomes for our college students.”

However what in case you worth not being left at nighttime?

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Oberlin gives a humane rationalization on its web site of its “want delicate” coverage. Tufts places all of it plainly in a weblog publish. Wesleyan doesn’t point out being need-aware on its “Affording Wesleyan” webpage, however its president wrote about it elsewhere — in 2013.

Bettering your messaging is fairly simple. After I hunted for American College’s need-aware explainer and couldn’t discover one, a spokeswoman instructed me that the “web site is being up to date to incorporate that info.”

That’s a reminder that schools have a alternative right here — even when some make the incorrect one. Take it from the one that first alerted me to the truth that Northeastern had given me dangerous info: Debbie Schwartz, a glad buyer who’s a mum or dad of certainly one of its undergraduates.

“Simply be extra clear,” Ms. Schwartz, who runs the Paying for School 101 Fb group, mentioned. “It builds belief and confidence.”

In case you’ve suffered from any lack of transparency this admissions season, it’s not too late to ask for more cash. I defined how in a 2014 column and up to date the recommendation within the early months of the pandemic in 2020. Be well mannered and clarify any change in circumstances — whether or not monetary, to the destructive, or tutorial, to the constructive.

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And in case you’re dreading having to do that dance sooner or later, go forward and ask for assist, on the entrance finish, irrespective of the place you’re making use of. Fill out the online worth calculators, after which, if it’s essential, verify in with colleges that you simply’re contemplating and ask for a merit-aid pre-read. Point out Whitman or Wooster by identify, in case the individual you’re talking with doesn’t consider that different colleges may presumably be doing one thing like this.

“It by no means hurts to ask,” mentioned Megan Ryan, vp for enrollment administration at Muhlenberg, whose workplace can even do a pricing pre-read upon request. “The worst-case situation is that you simply’re again precisely the place you began.”

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Wildfires Will Deepen Housing Shortage in Los Angeles

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Wildfires Will Deepen Housing Shortage in Los Angeles

Each of the homes burned in the Los Angeles fires is its own individual calamity.

Collectively, the losses — whether in the hundreds or, as is far more likely, in the thousands — will weigh on the city’s already urgent housing shortage.

Fires are still raging, and with 180,000 people under evacuation orders as of Thursday morning, the degree of displacement in the city and its surrounding areas will take time to assess. For the time being, evacuees are holing up in public shelters in Los Angeles County, with friends or family members or in hotels.

But in the coming weeks and months, people whose homes are gone will have to find more stable accommodations while they rebuild. That will not be easy in a metro area that, as of 2022, already had a shortage of about 337,000 homes, according to data from Zillow. The number of homes on the market in Los Angeles was 26 percent below prepandemic norms as of December, according to Zillow.

“One of the biggest challenges ahead will be getting people who lost their homes into permanent, long-term housing,” Victor M. Gordo, the mayor of Pasadena, said on Wednesday. Pasadena, which is battling the Eaton fire, has already lost hundreds of homes.

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The area’s tight rental market is likely to become further strained as many of the thousands of displaced residents turn to rental units, while figuring out their next move. The median rent for a one-bedroom apartment in Los Angeles, as of Jan. 7, was more than $2,000, according to Zillow.

“You’re going to have a positive shock in demand, and a negative shock in supply, so this automatically means prices go up in the rental markets,” said Carles Vergara-Alert, a professor of finance at IESE Business School in Barcelona, who has studied the effects of wildfires on housing markets.

Any uptick in rental costs would affect tenants across the region, beyond those displaced by the fires, Dr. Vergara-Alert said.

Jonathan Zasloff, who lost his home in Pacific Palisades this week, teaches land use and urban policy at the University of California, Los Angeles law school, and is acutely aware of how his search for interim housing could affect the broader market.

Dr. Zasloff is staying with his brother for the time being, while a friend is putting up his wife and daughter. They evacuated their house, which they had lived in for almost 15 years, around noon on Tuesday, before the official evacuation order was issued for the area. That evening, Dr. Zasloff realized the severity of the crisis when he was watching television and saw a reporter standing on his fire-ravaged block.

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His insurance agent told him it could take two to three years to rebuild his house. His family might try to find a rental in West Los Angeles near UCLA in the meantime, he said.

There aren’t many rentals in that part of the city, Dr. Zasloff said, so students and other renters could be displaced as he, and people like him who lost their homes, move in.

“It’s very possible that this event is going to cause a big increase in homelessness, even though the people who got pushed out of their homes are people of means,” he said.

California has been in the grip of an affordable housing crisis for a decade. Both state and local lawmakers have passed a raft of new laws that aim to make housing cheaper and more plentiful by making it easier to build. In Los Angeles, for instance, Mayor Karen Bass signed an executive order that streamlines permitting for projects in which 100 percent of the units are affordable. In response to state housing reforms, there has been a boom of backyard homes — called accessory dwelling units, or A.D.U.s — that homeowners often rent out for extra income and that have added to the housing stock.

Still, both the city and state remain well behind their housing production goals, and affordability has only continued to erode. The number of apartment units approved by the city of Los Angeles, for example, dipped to a 10-year low in 2024, according to data from the Los Angeles Department of Building and Safety compiled by Crosstown LA, a news site. That downturn in building permitting has raised concern about roadblocks to new housing unit creation.

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“This is a place that had massive affordability challenges last week, and after this week it’s going to be that much more challenging,” said Dave Rand, a land-use lawyer at Rand Paster & Nelson in Los Angeles, who also serves on the board of directors of a statewide affordable housing organization.

After the fires are extinguished and the recovery begins, Mr. Rand said, there is hope that the common cause of rebuilding can be a catalyst for tackling affordability challenges by continuing to make it easier to build housing, particularly affordable rental housing, at a faster pace.

“This is such a devastating event that hopefully it rocks the system to the point where we can get real reform,” he said.

The Los Angeles City Council has aimed to build nearly half a million new units by 2029. But many people trying to rebuild all at once after the fires could lead to higher costs, and slow down the overall production of housing, said Jason Ward, a co-director of the center on housing and homelessness at the RAND Corporation.

A longstanding construction labor shortage in Los Angeles does not help. Andy Howard, a general contractor who has worked across the city for three decades, including in the areas affected by the fires, said many of the subcontractors he work with in the past have left California since the pandemic. And there are not enough young people entering the industry.

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The fires are “going to make it worse,” Mr. Howard said. “It’s going to drive the cost up, for sure.”

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For Hollywood workers, L.A. fires are the latest setback as productions halt

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For Hollywood workers, L.A. fires are the latest setback as productions halt

As the market for documentaries and other content slowed and work dried up in Hollywood, producer Kourtney Gleason was already worried about making the mortgage payments on the home she bought last year with her boyfriend.

Now, as raging fires have halted film and TV production in Southern California and many in the industry have lost homes, she’s terrified that the entertainment business will be set back yet again. Though she’s been in the industry for 12 years, Gleason is now reluctantly looking at restaurant jobs to get by.

“The industry in the town is so fragile that every little thing becomes a bigger bump in the road,” she said. “Another bump that will push things back from getting ramped up.”

The destruction of the fires only compounds the difficult lot for many of Hollywood’s workers. Still reeling from the pandemic, they faced financial hardship during the dual Hollywood labor strikes in 2023, then were hit with a sustained slowdown in film and TV production that has driven many to rethink their careers in the industry.

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“A lot of the below-the-line workers were already under an incredible amount of pressure,” said Kevin Klowden, executive director of the Milken finance institute. “For Hollywood workers, it becomes one more blow.”

The sheer scope of the region’s multiple fires means that nearly every echelon of Hollywood has been hard hit.

The Palisades fire, which has burned more than 17,200 acres and destroyed numerous homes, businesses and longtime landmarks in the Pacific Palisades area, is home to many Hollywood stars, studio executives and producers. Actors such as Billy Crystal and Cary Elwes lost homes in the blaze.

Across the region, the Eaton fire has now burned at least 10,600 acres in the Pasadena and Altadena areas and destroyed many structures. The San Gabriel Valley is home to many of the industry’s more modest or middle-class workers, who were already financially harmed by the production slowdown and relocation of shoots to other states or countries.

The fires could rank as one of the costliest natural disasters in U.S. history. A preliminary estimate calculated by AccuWeather, the weather forecasting service, put the damage and total economic loss at $52 billion to $57 billion, which could rise if the fires continue to spread. J.P. Morgan on Thursday raised its expectations of economic losses to close to $50 billion.

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Many affected homeowners reported the insurers had dropped their policies, as some of the biggest insurers have stopped writing or renewing policies in high-risk coastal and wildfire areas. The complications with fire insurance, combined with the region’s problems with housing affordability and supply, will only be exacerbated by these fires, Klowden said, leading some to reconsider whether they can stay in California.

“It adds up,” he said. “How many more people decide they can’t afford to stay?”

Hollywood workers had been holding onto hope that 2025 would be a better year for work, perhaps closer to the levels they saw before the pandemic.

But with yet another disaster, “it feels like it’s just another weight that’s been placed,” said Jacques Gravett, a film editor who has primarily worked in television on such shows as “Power Book IV: Force” on Starz and “13 Reasons Why” on Netflix.

Gravett was out of work for 13 months between the pandemic and the strikes, and said he’s concerned about how already struggling workers will be able to absorb the financial blow from the fires.

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“At least when you’re working and something happens, you have resources to get you by, and a lot of people don’t have the resources now,” said Gravett, who is co-chair of the Motion Picture Editors Guild’s African-American steering committee. “Now we’re faced with another tragedy for those who’ve been displaced. What do you do?”

The effect of the fires on industry workers could give lawmakers a push to approve Gov. Gavin Newsom’s proposed increase to the state’s film and TV tax credit program, which aims to lure production back to California and increase jobs in the Golden State, Klowden said.

“Right now, the industry desperately is waiting on the incentives to be expanded,” he said.

In the near term, discussions about new projects are already hitting a wall. Gary Lennon, showrunner of various “Power” spinoffs, including “Force,” said an agent told him there will likely be a temporary pause before anyone wants to talk about new ideas.

“Buyers and meetings for pitches being sold will take a hit for a moment,” Lennon said. “People are focused on what is immediately happening in front of them.”

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Even before the fires, he said he was already getting two to three calls a week from production designers, editors, costume designers and others looking for work.

But once the industry is ready to ramp back, he said he thinks it will move quickly.

“So much has happened recently, I think production will start right away again because people do need to work,” Lennon said. “And that’s a good thing.”

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Paul Oreffice, a Combative Chief of Dow Chemical, Dies at 97

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Paul Oreffice, a Combative Chief of Dow Chemical, Dies at 97

Paul F. Oreffice, who as the pugnacious head of Dow Chemical grew and diversified the company at the same time that he rebuffed Vietnam veterans over Agent Orange, argued that the chemical dioxin was harmless and oversaw the manufacturing of silicone breast implants that were known to leak, died on Dec. 26 at his home in Paradise Valley, Ariz. He was 97.

His family confirmed his death.

Mr. Oreffice (pronounced like orifice) spoke in staccato, fast-paced sentences, and they were often deployed in pushing back against environmentalists, politicians and journalists during an era, the 1970s and ’80s, when the environmental movement was gaining force by focusing on toxic chemicals in the air and water.

Under his 17-year leadership, which included the titles of president, chief executive and chairman, Mr. Oreffice weathered intense controversies.

His public relations instinct was for confrontation, not conciliation. He had an intense dislike for what he perceived as government meddling in business, which he traced to his having grown up in Italy under Mussolini. “I’ve seen what overgoverning can do,” he told The New York Times in 1987. “I was born under a Fascist dictatorship, and my father was jailed by it.”

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Mr. Oreffice took the reins of the Dow USA division in 1975, when its public image was tainted from campus protests of the 1960s that had vilified the company as a maker of the incendiary agent napalm, which was widely used in Vietnam.

When Dow pulled out of apartheid South Africa in 1987 under pressure from shareholders, Mr. Oreffice said: “I’m not proud of it. I think we should have stayed and fought.”

In 1977, when Jane Fonda lacerated Dow in a speech at Central Michigan University, not far from Dow headquarters, in Midland, Mich., Mr. Oreffice canceled the company’s donations to the school, writing its president that he could not support Ms. Fonda’s “venom against free enterprise.”

Instead, Mr. Oreffice financed the campaigns of anti-regulation politicians. And he sued the Environmental Protection Agency for surveilling Dow’s sprawling Midland plants from the air when the company refused an on-site inspection.

The case made its way to the United States Supreme Court, which in 1986 ruled against the company, at the time the No. 2 American chemical maker after DuPont. (The companies merged in 2017, then split into three companies.)

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In 1983, Rep. James H. Scheuer, Democrat of New York, disclosed that Dow had been allowed to edit an E.P.A. report on the leakage of dioxin, one of the most toxic substances ever manufactured, from the Midland plants into the Tittabawassee and Saginaw Rivers and Saginaw Bay.

E.P.A. regional officials told Congress that their superiors in the Reagan administration ordered the changes to comply with demands made by Dow. Mr. Oreffice, appearing on NBC’s “Today” show, offered a sweeping dismissal.

“There is absolutely no evidence of dioxin doing any damage to humans except for causing something called chloracne,” he said. “It’s a rash.”

His statement brushed aside evidence that dioxin was extremely hazardous to laboratory animals and had been shown in some research to be linked with a rare soft-tissue cancer in humans.

One former Dow president, Herbert Dow Doan, a grandson of the company founder, told a public relations publication, Provoke Media, in 1990 that Mr. Oreffice’s style was not one fine-tuned to mollify critics. “The reason is part ego, part pride,” he said. “Paul is inclined to push his line to the point where some people say he is arrogant.”

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There is no question that Mr. Oreffice’s strength of will also uplifted Dow’s businesses, which through the 1970s were overly dependent on basic chemicals like chlorine. When a glut of low-priced petrochemicals flooded the global market in the early 80s, he aggressively reshaped Dow by diversifying into consumer products, such as shampoos and the cleaning fluid Fantastik, and by moving into foreign markets. By 1987, Dow posted a record profit of $1.3 billion (about $3.5 billion in today’s currency).

At the same time, a class-action lawsuit on behalf of 20,000 Vietnam veterans and their families against Dow and other makers of Agent Orange was further tarnishing the company’s image. The suit, filed in 1979, charged that dioxin in Agent Orange led to cancer in combat veterans and genetic defects in their children.

Dow argued that it had made Agent Orange at the request of the government and was not responsible for how it was used. But in 1984, the company and other makers of Agent Orange, without admitting liability, settled the lawsuit for $180 million, with the proceeds going to veterans and their families.

In another controversy, Dow Corning, a joint venture between Dow Chemical and Corning Inc., released documents in February 1992 showing that it had known since 1971 that silicone gel could leak from breast implants it made.

Tens of thousands of women had sued the company, claiming their implants had given them breast cancer and autoimmune diseases. Dow Corning agreed to a $3.2 billion settlement after the company had been driven to file for bankruptcy protection.

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In 1999, an independent review by an arm of the National Academy of Sciences concluded that silicone implants do not cause major diseases.

Paul Fausto Orrefice was born Nov. 29, 1927, in Venice. His parents, Max and Elena (Friedenberg) Oreffice, moved the family to Ecuador in 1940 as Mussolini declared war on Britain and France. Paul came to the U.S. in 1945, entering Purdue University with fewer than 50 words of English at his command.

He graduated with a B.S. in chemical engineering in 1949, became a naturalized citizen, and after two years in the Army went to work for Dow in 1953.

“When I walked into Midland, Mich., this was ‘WASP’ country, and I was a ‘W’ but I wasn’t an ‘ASP,’” he told The Washington Post in 1986. “I spoke with an accent and combed my hair straight back, which just wasn’t done.”

Mr. Oreffice represented Dow in Switzerland, Italy, Brazil and Spain before being called back to the Midland headquarters in 1969 and appointed the company’s financial vice president. He became president of Dow Chemical U.S.A. in 1975 and was then promoted to president and chief executive of the parent Dow Chemical Company in 1978. In 1986, he added the title of chairman.

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To the astonishment of many observers, Dow poured millions of dollars in the mid-1980s into a public-relations campaign to improve its image, including a new slogan, “Dow let’s you do great things.”

Under company rules, when he reached age 60, Mr. Oreffice stepped down as president and chief executive in 1987. He retired as chairman in 1992.

He is survived by his wife of 29 years, Jo Ann Pepper Oreffice, his children Laura Jennison and Andy Oreffice, six grandchildren and one great-granddaughter.

In retirement, Mr. Oreffice pursued a passion for thoroughbred racehorses, investing in Kentucky Derby starters and spending summers at a home in Saratoga Springs, N.Y. He was a partner in a Preakness Stakes winner, Summer Squall, and a Belmont Stakes winner, Palace Malice.

In 2006, he published a memoir about rising from an immigrant with little English to a corporate titan, titling it “Only in America.”

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