Word: borrowers
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...student on the diminishing value of his secondhand car," says USAF President Allen D. Marshall, a former executive of General Electric and General Dynamics. "They should be more willing to lend it on the increasing value of his education." Under USAF's plan, a student may borrow up to $4,000 from any bank in the organization's expanding network. While regular bank loans can cost up to 8% in true interest, nonprofit, tax-exempt USAF can secure loans repayable at as little as 5% and in no case more than 6% simple interest. And the student does...
...Chairman Willard F. Rockwell, that "we're doing our stockholders a favor by not giving them too much." Money put instead to needed expansion or modernization may not only save a company the 5% or 6% in interest charges that it would otherwise have to pay to borrow the money, but often results in increased earnings and a higher worth for the company's stock...
...wages and salaries. To relieve its inevitable growing pains, Milan hopes to annex 94 surrounding communities, redevelop its crowded city center, build a complex of subways and expressways and expand housing, health services, schools and sanitation facilities. Once Milan decided on this ambitious course, the problem was where to borrow the money-and how to convince the rest of the world that Milan was all its citizens said...
...Even though I've only met her twice, I would honestly like to take her out. Unfortunately, there are complications. My other roommate asked my first roommate if he could take her out. My first roommate said no. Besides, I don't have a car and would have to borrow my roommate's car to take out his girl. What do you suggest? FRUSTRATED...
...flirtation with Peking. As for the Chinese, they denounced the treaty as nothing less than a U.S.-Russian alliance, accused Moscow of perpetrating "a dirty fraud," and of "selling out" Communists everywhere, "including the people of China." The Soviets replied in kind, called the Red Chinese "wild men" who borrow their arguments against the test ban from De Gaulle. "Sooner or later," said Pravda, "the madmen will have to shut up." And Khrushchev optimistically and probably accurately told Test Ban Negotiator Averell Harriman that it will be "a long time" before Peking has its own nuclear bombs...