Word: fee
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Kassebaum has undertaken the task of cutting $10 billion in federal loans and grants with repulsive gusto. The most ludicrous part of her plan calls for colleges to pay a two percent fee on all federal loans. Perhaps the senator needs another lesson in basic economics, this time on efficient taxes...
...chief component of the Republican proposal would require colleges to pay a two percent fee on all federal loans. For Harvard, that would amount to about $1.2 million each year...
...there also have also been a few disturbing developments. Some of the services of ESPNet, the sports network's internet arm, now require a monthly fee for user access. Information that was free three months ago is now available only on a pay basis...
...committee proposes keeping the loan origination fee paid by students at its current level of 3 percent. And it proposed maintaing the interest rate reduction on new loans scheduled to take place in July...
...Senate is currently mulling another measure that would adversely affect the University's lending ability. That proposal, which will be debated this week, would impose a 2 percent fee on all loans to educational institutions--a "tuition tax," according to Vice President of Government, Community and Public Affairs James H. Rowe...