Word: debts
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Dates: during 1990-1999
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...Advocate, which publishes four issues a year, had accumulated a debt of $7,379 with its printer, Turley Publications. When Haggar, who is a former Crimson executive, explored possible remedies, she found that in the past the Advocate had relied heavily on its alumni for financial support...
...March, the Board of Trustees donated about $10,000, which paid off the organization's debt and fixed heating and plumbing problems in 21 Story St., the Advocate House...
Today, someone graduating from a private institution can easily graduate with debt in excess of $50,000. At some point, student loan debt begins to cross the line from opening opportunities to closing them...
...some graduates, debt destroys the possibility of a graduate school education. For others, it closes opportunities because marriages and first homes are deferred. For others still, debt ties them to jobs about which they feel little passion...
Today, graduates must begin burdensome payments on their student loans only six months after graduation. Our economy suffers as a result, because these graduates are unable to buy homes or start businesses. For policy-makers, the crisis of student loan debt creates a new challenge. We must find creative ways to make college more affordable...