Word: loan
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Dates: during 1960-1969
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After a long, harsh debate, at its Monday meeting, the Cambridge City Council tentatively endorsed a $9 million loan to build a new hospital...
City Manager Joseph A. DeGuglielmo '29 had actually requested approval of a $10 million loan, claiming that the construction bids on the hospital had exceeded the architects' cost estimates by $2.2 million, and that a total of $9.8 million would be needed...
Technically, the President is already empowered by the 1965 Act to implement the guaranteed loan program. He is sending the proposal to Congress, Rep. James H. Scheuer (D-N.Y.), a member of the House Committee on Education and Labor, said last night, to "see what we think...
Several other congressmen on the Committee said recently that the overhaul of the loan system is based on "budgetary considerations." They said that by having the government insure loans instead of handling the money directly, the full amount will not have to be listed in the budget...
...Edith Green (D-Ore.), a high-ranking member of the Committee and the person who may steer Johnson's entire education program through the House, predicted last night that Congress may offer some opposition to the current plan and "a good deal more" to the proposal to end NDEA loans. "We think the NDEA loan program has been a success, and we will need concrete guarantees that no one will be hurt if we change it," she said