Word: default
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Dates: during 1970-1979
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...Crimson played twice more at the stadium last fall, and twice more it lost: to Brown three weeks later and then to Yale two weeks after that. And when you throw in the first two home games this season, the 17-0 embarrassment versus UMass and the 38-21 default to Colgate, the home field advantage seems more like a myth...
Bloembergen said he "ended up with the chairmanship by default," adding "all the Faculty members were very reluctant to accept...
...about 8.8 million loans have been granted. But about 390,000 loan recipients have also taken advantage of the Government by not repaying. Ex-students have defaulted on $413.6 million worth of debt, either by declaring bankruptcy or simply refusing to pay. Neither the colleges nor the Government has yet seemed able to enforce repayment. But the loan default rate, now 12.3% and climbing, has finally frightened the Office of Education into some scare tactics...
...past the University waited as long as a year before turning default loan accounts over to the federal Office of Education, but the new law requires Harvard to begin federal collection procedures four months after a payment is missed, R. Jerrold Gibson '51, director of the Office of Fiscal Services, said yesterday...
...default, the underclass economy is a welfare economy. Nonwhites received 37% of the $11.4 billion in federal and state welfare payments last year. Blacks make up no less than 44.3% of enrollees in the $10.3 billion...