Word: borrowing
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Fortunately, the College does not appear to have a preferred lenders list. Undergraduates who are U.S. citizens or permanent residents with good credit histories can borrow up to the full cost of attendance (less financial aid) through the federal Direct PLUS program in addition to the standard federal direct subsidized and unsubsidized student loans. Other residents of the U.S. or Canada, as well as international students with an eligible co-applicant, can borrow up to full cost through the Massachusetts Educational Financing Authority, a non-profit state organization created by the state legislature in 1982 to provide inexpensive student financing...
...Mohammed Yunus, a Bangladeshi economist, met a woman in Jobra, Bangladesh who was trying to earn a living by selling bamboo stools. She made only two pennies of profit a week, far from enough to sustain a family, as buying supplies required her to borrow from a local moneylender at extremely high interest rates. Yunus soon discovered that Jobra was filled with others just like her—women whose tiny ventures barely survived but had the potential to thrive if they could borrow money at reasonable rates...
...there was a famine in the country. I felt empty because my knowledge in economics meant little to the people suffering. Villagers had to borrow from loan sharks on terrible conditions--some even becoming slave labor for the moneylenders. I made a list of 42 people most seriously in debt who, all together, owed no more than $27. I went around the village according to the list, giving each of them the money they owed with no conditions other than that they concentrate on their work and repay me when they could...
...felt empty because my knowledge in economics meant little to the people suffering. So I would go out to the village near the University and tried to do something to help. I saw how people suffered for not having access to tiny amounts of money. Villagers had to borrow from loan sharks on terrible conditions - some even becoming slave labor for the money lenders. I made a list of 42 people most seriously in debt who, all together, owed no more than $27, and I went around the village according to the list, giving each person the money they owed...
...shoppers to the brink of armed apocalypse, and he displays an attention to detail that can lull you into suspending disbelief. Especially if you have traveled the new English landscape of soccer thugs, superstores and paved-over villages where, as Pearson says of Brooklands, "it was impossible to borrow a book, attend a concert, say a prayer, consult a parish record or give to charity." What kind of mind frolics in a landscape like this? One whose proprietor, at age 75, is also bursting with charm and ideas. James Graham Ballard was born in Shanghai, where his father worked...