Word: payments
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Dates: during 1950-1959
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...about three quarters of a million dollars. This means that the the costs of repayment would be less than one per cent of lifetime income, assuming that the student borrows for three years (that is, the four college years sans summers), and the interest rate is kept low. Payment would be spread out from twenty to forty years, with option, of course, to repay as soon as one desired. Approximate rates of interest are four per cent on a twenty year loan, and two per cent on forty years...
...SUCKER LIKE I WAS, read his want ad in the Publishers' Auxiliary, a Chicago trade paper. Spayth's scheme: to hire someone willing to work as hard as he does, in return for a regular salary plus weekly lOUs that would be converted into a down payment on the paper. Spayth's condition: "The closing of title to take place 24 hours after my carcass cools off, with the balance due being secured by first mortgage in favor of my heirs, who do not want on a platinum platter what I hacked out the hard...
...School Superintendent Virgil T. Blossom. Before quitting, the board voted over Alford's objection to dismiss Blossom, pay him $19,741.41 for the remaining 19 months of his contract. But by week's end the segregationist machinery had produced a taxpayer's suit charging collusion, postponed payment...
...higher fees to win the privilege of attending parties and other extra functions at the school. After six weeks, she was persuaded to sign up for an $11,800 lifetime membership. One of the school instructors thoughtfully accompanied her home and to the bank to round up the payment. But with half her life's savings gone, Mrs. Lee became disillusioned, danced off to the police. Last week, in the third court case involving an Arthur Murray affiliate in two months (TIME, Oct. 6), the manager and two instructors of the Albany dancing school faced charges of first-degree...
CAPITAL AIRLINES, strikebound for five weeks, got its first payment from mutual aid plan put into effect by six domestic carriers (TIME, Nov. 10, 1958). Size of payment covering Oct. 20-31 is secret, but insiders...