Word: loan
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...relations; as a result, graft and corruption are still the Manila way of life. Nor did the Americans break up the vast estates of the principalia, the Filipino elite; peasants today still pay up to 30% of their crop to absentee landlords, and the rest often goes to local loan sharks. By granting free tariffs to Philippine producers of sugar, lumber and hemp, the U.S. reinforced a backward primary-product economy; today, a major irritant between Washington and Manila is the Laurel-Langley Trade Agreement of 1956, which perpetuates that error. Still, when the date came for Philippine independence...
...contractor, France will not have to ante up the huge cash bonuses with which the majors traditionally lubricate their concession agreements. In return, France agreed to bankroll the whole project, which may cost $50 million; the Iranians need repay the loan only if and when oil is found. Though it all adds up to a big gamble for France at no risk to Iran, E.R.A.P. spokesmen touted the deal as a long stride toward a "competitive French government oil company, flying French colors and making France completely independent of the majors...
...GUARANTEED LOANS. Designed to make commercial loans more attractive, this program requires students to find their own private lender. The Government then pays the lender 6% interest while the student is in school and, except for high-income families, splits the 6% with the student when he repays the loan after graduation. Only about 200,000 students have drawn such loans, far short of estimates because higher interest rates now make the loans less attractive to banks...
...year for a commuting student to attend New York University, for example, and N.Y.U.'s Kastner suggests that a kid from a New York slum could more than cover the cost in this way: $800 from a federal Educational Opportunity Grant; $1,000 in an NDSL loan; $500 from New York State's Scholar Incentive program: $400 in earnings from a part-time job; $300 earned in work during the summer...
...particular interests. Freshmen at Emory, for example, can compete for one $500 scholarship by writing an essay on the topic: "We Georgians are often our own worst enemies when we intentionally use colloquialisms in preference to standard English." Dozens of colleges have set up special scholarships or loan funds aimed at helping Negro students...