Word: earning
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Dates: during 2000-2009
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...start of an income-based repayment (IBR) plan. The goal of the government initiative, which has been championed by Massachusetts Senator Ted Kennedy, is to prevent payments on federal student loans from exceeding 15% of a borrower's disposable income above 150% of the poverty level. Borrowers who earn below that threshold (which in most states is about $16,000 for a single person with no dependents) wouldn't have to make any monthly payments at all. (See how Americans are spending...
...maximum-security facility like the federal prison in Marion, Ill. Though Madoff, at 71, is not a dangerous felon, his risk of flight is high, given his effective life sentence. A harsh maximum-security facility may also be an indirect way to pressure Madoff to cooperate and earn his way to a more lax prison...
...think people are going to be more focused on what they do rather than what they earn. And I think that's a healthy thing...
...China, in border cities and elsewhere, according to Heejin Lee, a professor at Yonsei University, who has conducted fieldwork in the region. Most work as subcontractors for South Korean, Japanese or Chinese firms - sometimes in joint ventures - and Lee says there are numerous clandestine firms. The North Koreans earn high marks for their scientific and mathematical skills and come substantially cheaper than their Chinese counterparts - $300-$500 a month, one-third the cost of a Chinese engineer, or half the price of an Indian one, he says...
...Experts in South Korea, which is far more advanced, are skeptical. Targeting software development is a good way to earn foreign exchange quickly, agrees Dr. Kim Yoo Hyang, an expert on DPRK IT policy at South Korea's National Assembly research service. But she insists "it is safe to say North Korea's IT-sector development has not moved beyond its incipient stage...