Word: loaning
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National legislators introduced a bill yesterday which aims to broaden colleges’ participation in federally funded loan programs and lure institutions away from employing commercial loan firms...
Spearheaded by Sen. Edward M. Kennedy ’54-’56, D-Mass., the Student Aid Reward (STAR) act would give universities across the country incentives to join the William D. Ford Federal Direct Loan Program (FDLP), which the federal government manages...
Summers also announced the formation of an advisory group of students and staff that will help decide how the $100,000 is spent, as well as a $3 million loan fund to help pay for energy-efficient features in new buildings...
Collins’ bill would deny any Illinois bank or savings and loan association that loans money to companies doing business with the Sudanese government from approval by the Illinois State Treasurer...
...Summers, trekked to Mexico City last week for a two-day fiesta of cocktail balls and panel discussions with top Mexican government officials and prominent alumni donors. The visit came almost exactly 10 years after Summers, then a top official at the Treasury Department, orchestrated the multi-billion-dollar loan package that rescued the Mexican peso from free-fall...