Word: default
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...rate at which Harvard students default on their loans has also fallen, the government said...
According to the Department of Education website, 1.5 percent of Harvard students with loans default, a decrease from 2.6 percent two years...
...average debt of $14,487, and they could spend the next 10 years paying Harvard back. Even more daunting, this debt follows Harvard's 1998 financial aid increase that allowed many students to reduce their annual loan requirement by $2,000. Although Harvard boasts a low default rate, the prospect of paying back the University upon graduation is a daunting one. Again, the University is poised at a more than comfortable financial position to assist its students in paying off their monetary debts--and it should. By last June, the University had raised $225 million for financial aid during...
This is a Dumbfoundingly Silly Line to take, sparking an arms race of broken promises. If companies Don't Stop Lauding themselves, a young technology's teething troubles could lead to costly Default of Service Litigation...
Most people should be heavily weighted toward stocks and saving the max. Yet Hewitt found that more than half of those automatically enrolled stuck with the woefully conservative default investment option and savings rate. If you've been drafted, chances are you're contributing at a level that doesn't even take full advantage of the company match--a minimum rate for anyone who bothers. Pundits who roundly laud automatic enrollment miss these points...