Word: borrowing
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Dates: during 1980-1989
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...education expenses." Its goal: to tighten standards of loan eligibility and require larger family contributions to college costs. Under present law, any student can obtain an annual loan of up to $2,500 for four undergraduate years (plus $5,000 for a year of grad school). Parents can borrow an additional $3,000 to help foot college bills that at schools like Harvard, M.I.T. and Stanford next fall will exceed $10,000 per annum. Currently the Government not only guarantees repayment, it pays banks the difference between the 9% interest paid by students and the going commercial rate (now about...
...math and logic. "The projected revenues are not realistic," complains Lloyd Kaiser, president of Pittsburgh's WQED. "They will add up to a very small amount of money for each station." John J. Iselin of New York's Channel 13 says that PBS might well have to borrow $100 million from banks and insurance companies just to set up the new venture. Even a supporter of the proposal like WETA's Chamberlin is concerned that PBS might be competing against itself and that people who pay for the subscriber network may no longer be interested...
Harvard students borrow Guaranteed loans from home town lenders and the University. The University will continue to lend to its students under some program. Home town lenders, which make virtually all loans at other institutions, will withdraw, probably abruptly, from the program...
...Russian. And look, I have a library card." The card he proudly displays admits him to the library at the Soviet embassy. There he can find children's books, as well as tracts on Soviet life. He has no comparable access to American literature. Children who want to borrow books from New Delhi's American center must have their parents get a card. Deepak's folks, both of whom work long days, are unable to make the trip...
...changes will hurt many middle-class families, who find tuition costs staggering even when given the chance to borrow at 9%. Because it threatens the dreams of much of his constituency, Reagan's proposed reduction of G.S.L. may be one of his most politically controversial moves. Families that in theory do not meet the new hardship requirements may find it difficult to raise tuition funds. In assessing a student's ability to pay for his schooling, Bates takes into account the family's assets-which may include things such as timber lots that cannot be translated into...