Word: loan
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Dates: during 1950-1959
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...tuition rates in the next decade, if universities are to survive." How Harvard and the rest can meet this demand, with inflation shrinking endowment assets at the same time that alumni contributions diminish, is a problem Harris has attempted to solve in his plan for a long term student loan program...
...foster economic development in Asia, the President listed five fundamentals of his Administration's widening foreign economic policy: 1) expanding international trade, 2) keeping up a program of Point Four-type technical assistance, 3) fostering increased overseas investment by U.S. private capital, 4) broadening the flow of "bankable" loans through such international channels as the World Bank. 5) enlarging the U.S.'s Development Loan Fund, which makes loans repayable in soft currencies...
Behind President Eisenhower's pledge of a "great peaceful crusade" lay hardcurrency news: the Administration's foreign-aid chief, Under Secretary of State C. Douglas Dillon, is planning to ask the new Congress that convenes in January to appropriate $1 billion for the Development Loan Fund instead of this year's $700 million. Atop that, Dillon will urge Congress to okay big increases in U.S. commitments to the World Bank and the currency-stabilizing International Monetary Fund. "The most important economic question facing the U.S.," says Dillon, onetime Wall Street investment banker who served four years...
...system is the invention of Bill and Ruth Marantette, a young engineering, couple from Columbia Falls (pop. 1,232), Mont. They started work three years ago in a garage workshop with $2,500 in savings, an $1,800 loan, plus further cash put up by Topp when it bought the invention. The major objective of the Marantettes was to eliminate the complex, expensive computers used in previous control systems. Such computers cost $60,000 and up, need trained engineers to program and manage their operations; every instruction in a process must be turned into a mathematical equation, which...
...loan program was first presented at the annual meeting of the College Scholarship Service division of the College Entrance Examination Board on Oct. 28. It was intended not only for use at Harvard, but in public institutions and other Ivy League colleges...