Word: guarantors
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...Federal Direct Student Loan Program eliminates the gobetweens--lenders and guarantor agencies. That means the U.S. Department of Education can offer students the low interest rates available to the government without the fees charged by banks...
Under the current Federal Family Education LoanProgram, students apply for loans throughcolleges. Banks provide the money and thegovernment pays the loan's interest until thestudent leaves school. If a student defaults, oneof 47 guarantor agencies repays the lender andthen tries to collect the debt...
...long-fought battle to free Soviet Jewry has been won, thanks to both international pressure and internal Soviet reform. But the new challenge--to provide homes and jobs for Jewish immigrants to Israel--is just as vital. As both Israel's ally and as an international guarantor of human rights, the U.S. has a moral obligation to recognize and aid the noble Israeli effort. The aid cannot wait until next year. It can't wait 120 days. Soviet immigrants need roofs over their heads...
...Russian empire under Czar Boris. Although Gorbachev's statement that "the Soviet President and the Russian parliament need each other" drew jeers from Russian Deputies, that claim may yet be vindicated. Gorbachev can certainly play a crucial role now as an independent mediator, power broker and guarantor of a new Union...
...protection agreement, but a long-term commitment of ground forces is not in the cards." The U.S. is not completely against the idea, explains a Western diplomat in Kuwait, "but Washington won't go along unless an Arab force is present as cover. Getting labeled as Kuwait's sole guarantor would only confirm the fears of those who think the U.S. wants to control the region militarily, and an overall Middle East peace would then be even harder to put together...