Word: loans
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Dates: during 1950-1959
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...Committee on Educational Policy has voted to adopt and submit to the Faculty a resolution calling for the University's withdrawal from the student loan program of the National Defense Education Act, a reliable source said yesterday...
...Executive Committee of the Harvard Chapter of the American Association of University Professors yesterday resolved to commend President Pusey's action in freezing the loan funds available under the NDEA, "pending consideration of the faculties concerned...
...nine professors further resolved to urge the University not to participate in the NDEA student loan program...
...University's action to date has been far weaker than the situation demands. It is not enough to "freeze" the NDEA funds without following this step by an almost immediate withdrawal from the student loan program. It is not enough to write a few letters protesting the loyalty provisions to the Secretary of Health, Education and Welfare, who is on the colleges' side anyway...
...Horn of Plenty. In the midst of Britain's increasing credit squeeze, Jasper's supply of money seemed endless. It turned out that recently most of the cash came from the State Building Society, a publicly owned savings-and-loan association supported by small depositors and designed to help people buy their own homes. Its motto: The Horn of Plenty. The horn was easily tapped by Jasper & Co. through Grunwald, who was also a lawyer representing State Building; he arranged for the Society to lend to Jasper on mortgages. All told, it lent Jasper $21.2 million...