Word: loan
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Dates: during 1960-1969
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...also in debt (to the tune of $513) and pressed by his creditors. He is a typical customer who has come to solve his problems -at least for the moment - by borrowing from the Household Finance Corp., the oldest and largest of the nation's thriv- ing small-loan companies...
...relief only to middle- and upper-class families. In addition to placing a burden on the Treasury, opponents of the measure argued, the proposal would do nothing to aid those families who could not afford to send children to college in the first place. Monro feels the present scholarship-loan-work program is far more valuable and is aimed more at meeting the needs of those who would otherwise be excluded from a higher education...
Though Galbraith asserts that "virtually all the ideas for creative legislation comes out of the university," both he and Monro stress the fact that the enactment of the ideas into programs was the achievment of the Johnson administration. Johnson espoused the NDEA loan program, grandfather to part of this legislation, while still in the Senate, and his continued support says Monro, "has really made the difference." Johnson's Congressional support and the thorough preparation of his beefed-up Office of Education under Francis Koppel '38 have turned ideas into appropriations...
...riding a title wave generated by last week's 6-1 win over Dartmouth, faces a stiff challenge against a well-balanced Penn squad in Philadelphia today. The two teams are currently tied for second place in the tight Ivy League race with 2-1 records, and one more loan for either will mean an end to competition...
...consequence, the Fair Corp. could not pay back its $24 million loan from the city. Instead, New York will have to console itself with the sales taxes on the $750 million worth of business the fair brought to metropolitan restaurants, hotels and shops. Moses further announced that he could pay only 500 on the dollar on $29 million in promissory notes, and that the huge network of playgrounds he had hoped to build in Queens with his surplus profits would have to wait-perhaps forever. The Fair Corp. still had enough left in its coffers to follow through...