Word: cronins
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Dates: during 1990-1999
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...school doesn't establish itself as a drug-free zone; if every student isn't registered in the selective service, they don't get any money," Cronin said. "The government did this with good intentions...who knows what other controls will be imposed? It's not clear. There would certainly be more...
...Cronin added that Harvard could stand to lose money under the new proposal...
...enough resources to make its own loans to graduate students, even though undergraduates must still go through commercial banks. Since the federal proposal mandates that universities charge lower interest rates than private institutions. would, Harvard would probably have to lower its lending rates for graduates by about 3 percent, Cronin said...
...graduate students might not notice, but according to Cronin, Harvard might lose up to $7000,000 annually...
Congress must approve the proposal as part of the President's new budget, which will be submitted early next month. Cronin and others say they hope Congress thinks twice about it, because the government could have trouble raising the money for the loans and then collecting it back from borrowers...