Word: loaning
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Next year’s incoming class will face an even higher loan amount of $23,000, which will also remain fixed until their graduation...
...more travelers grounded and force high fuel prices even higher. Gerchick estimates that the industry might lose $9 billion - more than four times what it lost in all of 1991. No wonder that three major carriers thought to be in decent shape - American, America West (which has a government loan) and Continental - have retained bankruptcy lawyers, according to WHAT reports. Two weeks ago, American Airlines, the world's largest airline, announced that it lost a record-setting $3.5 billion in 2002 - a loss even larger than the one posted by bankrupt United. In a classic airline industry understatement, American called...
...casualty is bilateral links. Thai Prime Minister Thaksin Shinawatra downgraded diplomatic ties and closed border checkpoints. He fired off a memorandum to Hun Sen demanding an apology, compensation and the arrest of those responsible for the violence, and he put on hold plans to sign a $13.3 million soft loan for a road project in Cambodia. He told reporters, "We have been badly hurt...
...other aspect of the new plan is a low-interest loan program open to all graduate students through a partnership with Citibank’s Student Loan Corporation. Students in the University’s graduate and professional schools currently borrow approximately $45 million per year from non-federal sources to help pay for tuition, fees and living expenses. The new loans, which are below-market rate, will save roughly $2,500 for a student borrowing $40,000 over two years. Again, this is a good step, but a small...
...University’s goal should be to ensure that all accepted graduate students are able to attend Harvard, regardless of their financial situations. The problem with loans, even low-interest ones, is that they leave graduate students in massive debt upon completing their studies, decreasing the likelihood that they will go on to low-paying jobs in public service. But the option of public service ought to be available to all. It should not just be a luxury for those graduates wealthy enough to make sizeable loan payments...