Word: loaned
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Dates: during 1980-1989
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...previous years, the Administration budget calls for drastic cuts in student aid. Since the 1960s, a basic assumption of federal policy has been that the more people gain access to higher education, the better off we will be as a nation--hence the many federal grant and loan programs that have brought higher education within the reach of those who would not otherwise have been able to afford...
...several recent national studies have shown that the skyrocketing debts that many students must assume to go to college limit decisions on careers, marriage and children. It is at least partially because heavy loan payments keep students away from teaching or public service jobs that Bennett's remarks score points at Rotary Clubs functions and Conferences for Western Governors...
...several counts. A rise in the prime usually follows an increase in the banks' cost of borrowing. But this time these expenses have remained relatively stable. Says Nicholas Sargen, an economist at Salomon Brothers: "We were scratching our heads over why they did it." The timing of the Brazilian loan action was equally puzzling. Since Feb. 20, when Brazilian President Jose Sarney declared his country would suspend interest payments on $68 billion of its foreign debt, observers wondered whether banks would have to reclassify their Brazilian loans. But since federal regulations do not require such a step until interest payments...
...audit committee would go to work on it. That word came at a PTL headquarters press conference, at which Falwell handed out financial reports showing that PTL revenues exceeded expenses by $19.8 million in the year ending last May. He also said he had arranged a $50 million loan from unspecified sources in Britain...
During Ronald Reagan's intensive press-conference preparations, the tensest moment came on Thursday afternoon in the family theater of the White House. In the course of a two-hour practice session, Roman Popadiuk, a Foreign Service officer on loan to the press office, began boring in on Iranscam. The object was to make certain that Reagan would stay consistent, no matter how sharp the cross-examination. Popadiuk got so caught up in his role as a Sam Donaldson stand-in that Press Spokesman Marlin Fitzwater began to worry. "I thought we might all get kicked out," he said...