Word: default
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That brutal put-down produced angry squawks from the right at a press conference held by the hastily formed Anti-Appeasement Alliance. "If this treaty is ratified," declared Archconservative Howard Phillips, "a major battle of World War III will have been lost by default" -- a dire prediction that suggested Reagan was correct in his assessment. Phillips went on to viciously condemn the right wing's onetime standard-bearer. Reagan, he fumed, "is a very weak man with a strong wife and a strong staff. He has become a useful idiot for Soviet propaganda." Dole and other Republican Senators also lashed...
...mumber one, Jack Colbourne crushed Jan Koehan, 18-14, 15-11, 15-7, while John Masland and Bobby Geenhill (who won by default) recorded shutouts in their victories...
...asked to remain anonymous, the woman gave police and court officials several different aliases, including Shirley Yu-Plotkin and Shirley Maxer. Saying she "seemed kind of deranged," the police official added that the woman skipped her arraignment proceedings earlier this week. She now faces "arrest on sight" by a default warrant...
Unfortunately, Bennett's plan for dealing with the problem is greatly flawed. If more than 20 percent of a college's students were to default on their loans, the college would lose all federal student aid. This should provide enough incentive for most colleges to keep their students on a short leash...
SOME SCHOOLS, however--especially, for instance, community colleges and Black colleges--suffer high default rates because many of their students come from low-income backgrounds. Ivy League universities have lower rates of default simply because their students--and the schools themselves--have more money. Elite schools, for instance, can afford to set up special bureaucracies to deal with student loan-takers. Bennett's solution most hurts the weakest link in American higher education, and puts too little pressure on students at well-endowed schools whose failure to repay their debts is particularly offensive...