Word: loan
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Loan or Gift Needed...
...offered "even money--not much money, but even money," that they will raise the $5 to $20 million to construct the physical plant. But most foundations, while happy to finance reports and studies, decline to pay for buildings. If New College is to succeed, it will require an unprecedented loan, or a substantial gift from a benefactor who recognizes the educational advances the Plan represents...
...West complain bitterly about the trek of high quality students to the Eastern prestige schools. This tendency is also reflected in the recent National Defense Education Act, which to some extent takes away from the student the choice of his college. If he wants a fellowship or a loan from the Federal Government, he must apply to the institution. Hence the student's freedom of choice is thus restricted, with a view to slowing up the gains of prestige colleges...
Years after the squabble seemed to have been won, U.S. colleges and universities last week were skirmishing with their old hoodoo, the loyalty oath. Source of the trouble: a paragraph in last summer's $887 million National Defense Education Act, which provides that to qualify for a loan or fellowship, a student must 1) swear allegiance to the U.S., and 2) affirm that he "does not believe in, and is not a member of and does not support any organization that believes in or teaches the overthrow of the U.S. Government by force or violence or by any illegal...
Under the plan, a homeowner who wants to move or trade up can sell his house to a real estate broker or builder for an agreed price. The broker or builder can get an FHA-insured loan equal to this price if he puts an amount equal to 15% of the unpaid mortgage in escrow until a new buyer is found. If no buyer is found within 18 months, the 15% will be applied to reducing the mortgage. The plan thus frees the homeowner for a quick turnover of houses, frees the broker or builder of strain while he holds...