Word: defaulted
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Dates: during 1990-1999
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...government interference doesn't necessarily favor managed competition, either. The administrative cost issue, after all, shores up the argument for the Canadianstyle system. A second point is more complicated: if you simultaneously support universal health care and employer-based funding, you have to favor a government-run, tax-supported default fund--a large-scale Medicare--for the unemployed and those whose bosses choose to pay rather than to play. One proposal even suggests taxes upon private health benefits to provide partial funding for the creation of this Medicare-plus...
...instance, said Lusztig, 12 students must fit into two six-person suites. When six students decide to live together, the remaining six must by default live together, according to Lusztig...
...sweep through it. In the poetry of action, that tension of the soul between the hero each of us aspires to be and the transgressors we too often are is captured in the Leatherstocking tales. Boys and college students don't know how good the saga they monopolize by default...
...unintended consequences; if it is easier to get a loan, colleges may feel free to raise their tuitions even higher. Wealthy parents will be able to borrow at bargain rates. Poorer parents, meanwhile, may be tempted to borrow more than they ever expect to repay; the default rate on government-backed loans is roughly 22% and bound to rise. As for outright federal grants, many more families will be eligible. But Congress has not set aside enough money to cover everyone and so is cutting the maximum grant amount. Neither the states nor the colleges themselves have enough money...
...costly and time-consuming process. They now routinely want business borrowers to provide personal guarantees, sometimes even with their homes as collateral. And if the value of that collateral falls below the outstanding balance of the loan, then bankers may have to classify the debt as being in default -- even though the borrower may have been faithfully making payments...