Word: payments
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Canada's two basic problems remain unresolved. The first is American economic and political domination. Pearson's effectiveness has been limited to successful lobbying against U.S. balance-of-payment restrictions which would have badly damaged the Canadian economy. But the Canadian public is aware that it owes its high standard of living to American capital, and is unreceptive to calls for a sharp assertion of Canadian economic independence. The Pearson government's failure to bring it about is hardly surprising...
Claustrophobia. Even behind bars, Aunay managed to put his talents to profitable use. Put away in 1962 for a brief term in Paris' Fresnes Prison, he wangled a job in the prison purchasing office, and whiled away his sentence forging $120,000 worth of payment orders for goods the prison never received. During a three-year term for armed robbery in Nice, he suffered a convenient heart attack and wound up living it up in the prison ward of a local hospital. He passed out caviar to his nurses, champagne to his guards, and threw an elaborately catered foie...
Both the older NDEA loan program, which is funded by the government, and the guaranteed loan program limit the amount that can be borrowed and require that it be re-paid in ten years or less. Without these limitations, compound interest charges would make re-payment almost impossible...
...repayment provisions would make the Zaccharias plan much more attractive than other loan programs. Interest rates would not influence the payment schedule, so a student could borrow as much as he needed. Having repayment tailored to income would also free a borrower from the compulsion to enter a high-paying job in order to pay off his loan and accumulated interest charges as quickly as possible. A borrower's obligation to the Bank would end at his death instead of being passed on to his estate...
...plan because it would make student indebtedness a permanent feature of their higher education. Supporters of the Bank are not worried by this charge. College graduates receive much higher salaries than people with less education, so they can be expected to pay part of the cost, By basing re-payment on a borrower's income, the Zaccharias plan in theory charges each participant in direct proportion to the financial benefits which his education gives...