Word: loaning
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...already made my Senior Gift pledge. I promise not to take my thousands of dollars in student loan debt and move to Mexico...
...concept, which was put forward by University Vice President for Community Affairs Paul S. Grogan and university management. The Associated Press reported Reilly rejected an alternate plan, in which hospitals would bail out the HMO. Reilly said the plan for hospital-funded aid, which called for taxpayer-backed loan guarantees, did not provide a solution for potential future problems...
EASY MONEY So your kids aren't football stars or rocket scientists? Well, maybe they're lucky. FreeScholarships, a new website, is giving away $10,000 a day to U.S. citizens over age 13. Winners are chosen at random. Checks are sent directly to schools or loan programs. All you have to do is provide a little marketing info. This is one of a number of new sites, like iWon.com that are trying to attract eyeballs and data using giveaways. The sponsors say the site won't give out individual info but will sell demographic profiles of its users...
Last November, Grogan's team launched the '20-20-2000' plan to loan money at low rates to non-profit housing developers in an effort to alleviate the lack of low-income housing in the area. Grogan says he expects the loans to be fully distributed by next month...
...GREAT S&L GIVEBACK Owners of savings and loan associations, many of whom are suing the Federal Government for clamping down on them during the S&L crisis in the 1980s, will benefit from a one-paragraph clause that was slipped into legislation that will hold the U.S. government liable for billions of dollars in damage claims because federal regulators nixed certain accounting practices. As is typical with special-interest measures, there were no hearings or estimates of the cost before the clause mysteriously showed up in the Omnibus Consolidated and Emergency Supplemental Appropriations Act of 1998. Among the potential...