Word: borrower
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Dates: during 2000-2009
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...student's choice to borrow or earn money," Director...
Financial Aid Sally C. Donahue said. "At $3,150, a student can work 12 hours a week at a job and pay it exclusively through earnings, and if you have no time to carry a job, you could choose to borrow that amount. The level is still manageable...
Another worry: it's getting hard for weaker U.S. companies to borrow. Courtis showed what he called a frightening chart depicting bond yields. In early January corporate junk bonds yielded 9 percentage points more than a 10-year Treasury bill. (In other words, lenders demanded that much more from risky borrowers.) That "spread" is higher than it has been since the U.S. banking crisis a decade...
...handbook, "covers College services and facilities provided by the houses and Freshman Dean's Office." This fee--$1689.00 for the 2000-2001 school year--factors in the costs of energy consumption for all shared house facilities used by students--common rooms, lounge areas, and, yes, laundry facilities. Thus, to borrow the words of one administrator, Harvard is essentially "double dipping," charging students for the energy and hot water costs once on their term bills and again each time students go into the laundry rooms to do wash...
...mathematics of obtaining capital has been the single biggest obstacle to the raiders' staging a full-fledged return, says Howard Marks, chairman of Oaktree Capital Management. "Buyout firms were able to purchase venerable U.S. icons in the '80s because they could borrow 20 times their money," he notes. (Remember those "highly confident" letters, as in, "I'm highly confident I can borrow the money to take over your company, bub," that Milken and pals used so effectively to terrorize CEOs?) "If you wanted to buy a company for $10 billion, you could probably do it on $400 million in equity...