Word: loan
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Prosecutors said Meinert illegally financed a spring break trip to Europe by using a friend's social security number to obtain a loan...
...federal government will have more than doubled the maximum deduction for student loan interest...
Through 1998, only $1,000 was deductible from federal income tax. This year, the maximum deduction is $1,500 and by 2001 it will be $2,500, about the amount of interest on a $30,000 loan that charges 8 percent interest. The deductions only apply during the first five years of repaying the loan...
However, recent changes in federal policy on student loan interest more than halved the Massachusetts program's cost and made a change in state policy easier to sell...
Generally, students don't have to pay interest on their loans while they're in school because most loan programs defer payments until after graduation...