Word: borrowings
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Simple inability to raise or even borrow the money is a major bar to the study of medicine in the U.S., reported the Association of American Medical Colleges last week. Spending an average of $10,000, medical students pay about twice as much for their training as other graduate students. Yet two out of three nonmedical graduate students get an average $2,000 a year in outside help, compared with $500 for one out of two M.D. students. Unlike the prospective Ph.D., "who characteristically makes his living by going to school," the medical student or his family pays four-fifths...
...organization called the International Development Association (IDA) got under way last week and immediately ran into the familiar experience of seeing other nations avert their gaze when the plate was passed. Conceived as a soft-currency adjunct to the World Bank, in which underdeveloped nations may borrow dollars and other hard currencies but can repay in a variety of nonconvertible currencies such as rupees or drachmas, IDA originally was to start with $1 billion in capital. Though the U.S. dutifully subscribed its promised one-third-$320 million-in full, other nations fell short, and IDA last week began with...
...Danville Library was open for standees only. Every chair and table was gone. Next week all library cards will be canceled. To get a new card, the applicant must pay $2.50 and fill out a four-page form, listing everything from the type of books he plans to borrow to his college degrees, plus two character references and two credit references...
...recalling his father's struggles. "Our army was composed of a number of woodcutters and egg sellers. Civil servants' salaries were paid in bricks instead of money. Whenever the Ministry of Foreign Affairs wanted to give a banquet, it had to send someone to the bazaar to borrow 100 tomans...
Like Cole Porter, he could dip into a source play, borrow a line and spin a lyric. In Ferenc Molnar's Liliom, the heroine wonders aloud what it would be like "if I loved you," then pauses to reflect silently. Adapting the play as Carousel, Hammerstein and Rodgers filled the pause with unadorned grace: If I loved...