Word: low-interest
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...here's the challenge: to reduce inflation the government will have to get a grip on the Central Bank, which up until now has been happily engaging in printing large quantities of money and passing out huge low-interest loans. Meanwhile, industrial production has been plunging as parliament has insisted on supporting state factories as a jobs program, arguing that spreading unemployment could lead to riots. With elections set for December and a presidential vote next June, Yeltsin will have to be careful not to throw too many of his potential supporters out of work as he does battle against...
More direct aid, the cancellation of past debts, and the creation of "development banks"--institutions which provide low-interest loans to developing nations--would greatly accelerate the development and stabilization of the continent, Diallo said...
Congress has now responded to the howls of frustrated parents with new financial-aid rules that are meant to make college more affordable to the embattled middle class. Starting last month, any family, however rich, may borrow the entire cost of college, however expensive, with low-interest government loans (though interest payments are not deferred as in other federal loan programs). Outright federal grants will still be scaled to financial need, but home equity and family farms no longer count as part of a household's assets, which means more middle-class families will qualify...
...need data that colleges use in making their own local aid decisions. From here on, parents will have to fill out separate federal forms and FAFs, and perhaps other applications to specific colleges. The colleges use the forms to help construct an offer that combines outright grants with low-interest loans and work-study jobs. They take into consideration the cost of the college, whether the parents have other children in school and unusually high medical bills...
...Louisiana's Pacesetter Ostrich Farm will be the first to go public this month. Even cautious bureaucrats are falling in love with this ungainly bird. The Texas department of agriculture, which recently hired a full-time ostrich expert, has already made more than $1.2 million in low-interest loans to farmers in the booming industry, and projects that ostrich farming will pump nearly 5,000 jobs and $170 million into the state's economy by the year 2000. Georgia's legislature plans to consider a $150,000 grant to the University of Georgia to find ways to increase the hatching...