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Word: loaning (lookup in dictionary) (lookup stats)
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Should it pass, Massachusetts would be the first state to offer a tax deduction on student-loan interest, a deduction that would benefit current students and recent graduates...

Author: By Nanaho Sawano, CONTRIBUTING WRITER | Title: State May Offer Tax Break to Student Borrowers | 12/1/1997 | See Source »

...Massachusetts, the average is twice that amount. For students attending private colleges, it is not uncommon to graduate with $40,000 or even $50,000 in student-loan debt...

Author: By Nanaho Sawano, CONTRIBUTING WRITER | Title: State May Offer Tax Break to Student Borrowers | 12/1/1997 | See Source »

...students eligible for aid, the College gives a combined job and loan offer around $6,000 to $7,000. Any remaining financial need is met through a combination of outside scholarships, federal grants and University scholarship funds. This year, those scholarships averaged $15,400 per aid recipient...

Author: By Nanaho Sawano, CONTRIBUTING WRITER | Title: State May Offer Tax Break to Student Borrowers | 12/1/1997 | See Source »

...passed by July 1998, the state bill would be a companion to the federal student loan tax cut that Congress passed as part of Clinton's education package last year...

Author: By Nanaho Sawano, CONTRIBUTING WRITER | Title: State May Offer Tax Break to Student Borrowers | 12/1/1997 | See Source »

...encourage more bold acts. Indeed, the ink hadn't dried on this page when giant Yamaichi Securities said it too would liquidate--and regulators pledged cash to protect the firm's clients. Japan's financial system has some $500 billion of uncollectible debt--reminiscent of the savings-and-loan mess in the U.S. a decade ago. America's taxpayer-financed bailout was painful, costing more than $300 billion. But once lenders were healthy again, they sowed seeds for today's miracle economy. Until Japan goes through something like that, it won't get much of a recovery...

Author: /time Magazine | Title: JAPAN: HITTING ROCK BOTTOM | 12/1/1997 | See Source »

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