Word: borrowing
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...facilities are amazing, with grand pianos, hundreds of videos you can borrow, cable television in the common areas, a dance studio, a computer lab and the Fishbowl (come visit...
...Stanford University finance officer, now a consultant on the subject. And parents bore it. Throughout the '80s, says Meyerson, parents came increasingly to feel that a college education was a necessity, a direct conduit to a high-paying job. Easy financial credit, moreover, made it possible for parents to borrow large sums of money; doing so for college became more socially acceptable. From 1983 through 1988, the number of applications to Penn rose 25%, despite the cost. "It was a crescendo," Meyerson says. "People were willing to spend an awful lot more for collegiate education...
...what's called rock these days does seem like folk music. It does seem absurd that there are punk rockers in the late '90s rebelling against their parents with their parents' music. I can't quite get my head around that. It's "Dad, you suck--can I borrow your Sex Pistols album?" White-bread rock has, for me, lost its sense of adventure and seems very tired in comparison...
...free cash is like our savings account and if we take money out of our savings account, then it becomes harder for us to borrow money," he said...
Whatever happens, most of his $3 million-plus net worth would be protected. He could borrow against his retirement funds to buy a new home and bridge the gap until his pension checks started arriving. In the meantime, rumors still swirl about Simpson's hidden money. There is one piece of evidence that suggests, in spite of his protestations, that he just might have some free cash. Last summer, after he complained publicly about his dire finances, Simpson was able to come up with $685,248 to clear an IRS lien on his home...