Word: borrowers
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...system allows parents to borrow up to $3000 per student, with a maximum of $15,000 per family, over the four-year period. The tuition of the student's college--and not his family's income--primarily determines the size of the PLUS loans, Johnson said...
...segment. But ABC pays Spelling-Goldberg Productions only $583,000, leaving a deficit of between $800,000 and $900,000 a season. It is generally not until a series is sold for syndication that the deficit is erased and the big profits begin. Until then, producers borrow, worry about cost overruns and beg the networks for more money...
Departments that run deficits often borrow from the University and must repay the loans with interest, which currently stands at about 7 per cent. Gerrity said the Faculty will probably have to borrow money from the Corporation to cover expenses incurred under the current budget...
...lend to Eastern European countries, which they believe are good risks. Communist governments are presumed to be stable. Moreover, the debtors in socialist nations are not firms but governments, and their repayment record over the past 35 years is unblemished. That helps explain why Yugoslavia has been able to borrow more than $7.5 billion from Western banks and why Rumania owes $4.2 billion to private foreign lenders...
...power in Warsaw. don't go bankrupt," as Citicorp Chairman Walter Wriston once said. But they can delay or, as in the case of Iran, freeze payment on foreign debts, even though such moves endanger the profitability and, eventually, the stability of financial institutions. With debts of all borrowing countries to foreign banks now totaling $600 billion, the Polish crisis has raised new fears about the ability of many hat-in-hand nations to repay their loans. Turkey, for example, would be virtually insolvent without West German assistance. Among the developing countries, Brazil has run up the largest foreign...