Word: gibsonized
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GOLDA by William Gibson...
...Montana: Gibson Dam on the Sun River requires new piers and reinforcement. Willow Creek Dam needs major repairs...
Also, because of the new regulations, first-time applicants for loans must first try to get bank loans before approaching their college or university for money. Gibson said bank policies on granting loans to students vary from state to state, but some applicants have already succeeded in obtaining bank funds...
...There are so many reasons why people default on loans," Gibson said. "Sometimes they figure the government has plenty of money. Sometimes they are mad about something that happened while they were here, and they aren't going to pay no matter what," he added...
...University grants about $10 million in loans a year, Gibson said. The new regulations apply to all undergraduate and graduate loan recipients, although Gibson said the default rate was generally higher for undergraduates