Word: loan
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Dates: during 1950-1959
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...University has acted wisely in reconsidering participation in the NDEA program. The present, provisional suspension of administering funds should be followed, however, by a declaration that so long as the affidavit remains in the NDEA, the University will not participate in the loan program...
...illegally disbursing government funds. Such a criminal action could tend to obscure publicly the central issues of the dispute. Finally, even if the government did sue to recover misspent funds, a complex financial imbroglio could result, for students who get NDEA funds need pay back only half the loan if they enter teaching. Thus, if the University administered these loans without the oath and were then enjoined to return the funds to the government, full restitution would be necessary. And students who had borrowed with the intention of repaying only fifty per cent of their loans would either have...
...decided not to apply for a loan under title II, even though our failure to apply would mean a financial handicap to a certain number of students. We believe that the handicap to the whole student group, through invading our justified trust of them would be a great less. Katherine E. McBride, President...
...faculty of Amherst College has voted unanimous disapproval of the controversial disclaimer oath ... and recommended to the Trustees of the College that Amherst accept no further Federal loan funds until the disclaimer is no longer required...
...Finally, of course, the provisions of the disclaimer section of the Act will not be any way effective in discovering who is disloyal to our country. For these reasons Antoich ... has elected not to participate at present.... For the time being we will endeavor to meet our student's loan needs through our own loan funds; but should this need increase sharply, we will not be able to meet it. We sincerely hope, therefore, that the protests of such organizations as the AAC and the AAUP and the complaints of most of the presidents of the finest colleges and universities...