Word: aid
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Dates: during 2000-2009
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...cost of any loan that is not paid back. The second way is the direct-loan program, created in 1993 as an alternate option, in which the government cuts out the middle man, lends money directly and gets all the profits. If the Student Aid and Fiscal Responsibility Act (SAFRA) passes both houses of Congress, the approximately 4,500 colleges and universities that are currently signed up for FFEL will have to abandon the program and start using the direct-loan option by July...
Separate from the ideological tussle, university officials have their own concerns about the timing of the plan. While Education Department officials claim that most schools can easily make the transition from one system to another, some financial-aid administrators are skeptical about a July 1 switchover. "All of our information for the 2010-2011 academic year is already printed," says R. Dewey Knight, the University of Mississippi's associate director of financial aid. "Colleges have a financial-aid calendar that starts in November for the following year, not in July. I think the Administration really believes you can just throw...
...over the funeral of a dead Afghan government soldier, a local boy; meanwhile a Taliban, who died fighting the Americans or the British, was honored as a brave martyr. It is a disturbing change among Afghans who in 2001, after the benighted years of the Taliban, welcomed foreigners bringing aid and progress...
...that crisis, GM and Chrysler had received a total of $64 billion, while Ford got nothing - though like other automakers, it is receiving federal aid to develop green technologies. (Read "Ford Family Values: Why the Automaker Wants to Go It Alone...
...buck last November to a recent price of $7.30 per share, and in May, Ford was able to raise $1.6 billion through a common-stock offering of 345 million shares. GM, by contrast, is hoping to do an IPO next year. (Read "Despite Losses, Ford Still Spurns Federal Aid...