Word: loan
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With a platform that pledges to drastically change Harvard’s current financial aid system to a no-loan one and get a student center underway, Mahan and Blickstead hope to sell their extensive council experience as indispensable...
...Princeton, there is a no-loan policy so students will not leave college with loans,” says Mahan. “This is important to Mike and I because we are going to have a lot of loans when we graduate...
...from state schools that charge only about $3,000 per semester to high-profile universities like Stanford, Yale and Harvard, where a year can cost over $30,000. But many schools offer financial assistance, study grants or work-study programs, and most students end up taking out low-interest loans to pay part of the cost. England already has the highest public-university tuition costs in Europe - €1,600 per year. But the percentage of British young people going to university has more than doubled over the past decade, without a corresponding increase in university budgets - so the government...
...accounts have mounted so quickly at card companies that the country's largest issuer, LG Card, recently nearly ran out of money and had to temporarily suspend its ATM cash-advance service. LG was bailed out last week with a $1.69 billion emergency loan package provided by its creditors, mainly banks. LG isn't the only issuer in trouble. Of South Korea's nine major card companies, eight lost money in the first half of 2003; losses at Samsung Card, the country's second-largest issuer, totaled $850 million in the first nine months of the year. Two banks, Korea...
...higher education in America. We must restore the cuts to the Pell Grant and AmeriCorps programs, but we must also do more than that. As president, I will guarantee that every eighth grade student who pledges to finish high school will receive $10,000 a year in grants and loans for higher education, will never have to pay more than 10 percent of their income on loan repayment, and will have their loans paid in full after working for 10 years. For those students interested in public service, the deal is even better: Those who go into teaching, nursing...