Word: borrowings
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Goizueta's unyielding, unquenchable resolve to increase shareholder value became the dominant management theme of the 1990s. His strategy: if a business doesn't add value, say goodbye. "I know something very simple," Goizueta told FORTUNE in 1995, "and that is: the way to become richer is you borrow money at a certain rate and invest it at a higher rate and pocket the difference. So we went very methodically over much of our business...
Currently, students are limited in the amount they can borrow during both undergraduate and graduate study...
Harvard aims to allow graduate students who did not reach their federal loan ceiling as undergraduates to borrow the leftover amount...
...change would most affect students in the Law, Business and Medical schools, where students tend to borrow more to pay for their education...
...believe [this] to be very important for medical students and health profession students in general because they do borrow a great deal of money for their education," said Theresa J. Orr, assistant dean and director of admissions and financial aid at Harvard Medical School...