Word: neediest
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...federal government yesterday granted Harvard $68,000 to aid the neediest students in the incoming freshmen class. The University had requested...
...town, students would be competing with each other for money--and bankers naturally would lend money, to the better business risk, denying funds to the neediest. Brademas argued last week that it was unreasonable to expect bankers to lend $1000 to a family whose mortgage the bank was foreclosing. "And could a Negro ask a loan of a white banker in a Southern town?" Brademas asked. "He would be lucky if he was able to walk in the front door," he said...
Because the neediest students would not be able to negotiate their own loans, the financial aid resources of many colleges would be severely strained. Harvard, with its enormous private loan funds, could stand by its students, but many small private colleges depend completely on NDEA money. Colleges like Radcliffe could no longer afford to admit great numbers of students with financial need. Northeastern, Boston University, and other colleges whose enrollments are drawn from lower-income families, would find that many of their students simply could no longer afford higher education...
Guaranteed loans are simply not appropriate for the country's neediest college students, those whose families will be unable to negotiate loans privately; NDEA loans are easily accessible to the poorest. College administrators envision a two-headed federal loan program; they would like to retain National Defense loans, on a much smaller basis, and also establish a guaranteed loan program for middle-income families. If Congress wants to make the best--and today that unfortunately means the most costly--higher education available to rich and poor, it will follow the college's advice...
...dubbed Marketing Food for Freedom, U.S. agricultural products would no longer be sold for "Mickey Mouse money," as Farm Bureau staffers call the soft currencies the U.S. takes in counterpart-fund payments for its food. Instead, the Government would buy food for foreign countries, give away 20% to the neediest and poorest nations, and distribute the remainder on credit to be paid off in dollars. His program, said Shuman, would eventually eliminate money spent on Food for Peace as well as the annual $3 billion subsidy doled out to farmers...