Word: loaned
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...Corporate Structures, Tax Policy and Public Policy for 21st-Century Social Enterprises,” was moderated by Kennedy School professor and former presidential advisor David R. Gergen and included a former Internal Revenue Service (IRS) commissioner, a former mayor of Indianapolis, and philanthropist Catherine B. Reynolds, who founded Loan to Learn, a major student loan business. The event’s discussion focused on the blurring of the lines between non- and for-profit organizations providing social services—such as student loans and healthcare—and the need for regulation and transparency. The talk also touched...
...very least, these alternative loan offices would be fully accountable to their student, parent, and alumni members. Betrayal would be more difficult under such circumstances...
...said Chen. “I’d like to go back to being a part of the Harvard community, and seeing the students again.” In late March, Chen took legal action against Saini for failing to make payments on a $130,000 loan and four months’ worth of rent. And last week a Cambridge District Court judge gave Chen the go-ahead to begin the process of taking back possession of the property, which is located across from Mather, on the corner of Flagg and Banks Streets. “The store...
...underworld version of the rich/poor divide that plagues the rest of the country. Top echelons of major organizations like Yamaguchi-gumi-which controls roughly half the estimated 80,000 gangsters in Japan-are thriving due to booming economies in Tokyo and Osaka. They can make billions from gambling, loan-sharking, drugs and the protection racket. Meanwhile, smaller gangs in moribund regional cities like Nagasaki-which are more dependent on government spending to fuel local growth-are being squeezed. Increasingly desperate, they are turning up the heat on local officials to extort more money from a shrinking pool. "There...
...headlines have, in recent months, popped up with shocking regularity. First it was financial aid officers getting perks from student loan companies. Then top college and federal officials had profited handsomely after receiving stock in companies they monitored or suggested to students. Now everything related to the college loan industry seems suspect, from the loan workshops many students are forced to attend when they graduate—which are often lender-run marketing sessions in disguise—to activities bordering on outright bribery. New York is even suing one university. The rapidly expanding student loan crisis has, in short...