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...right away, it’s obviously more beneficial to the University,” she said. “When you pay it out over time, the benefit is reduced, and so in a small way, the fee that is charged for the monthly payment plan helps make up for that lost receivables over time...

Author: By Pooja Venkatraman, CONTRIBUTING WRITER | Title: Students Protest Termbill Charge | 9/30/2008 | See Source »

...There would be no impetus for people to pay up front if there was no charge for the payment plan,” she said. “So people would more likely pay later, which would reduce the University’s receivables...

Author: By Pooja Venkatraman, CONTRIBUTING WRITER | Title: Students Protest Termbill Charge | 9/30/2008 | See Source »

...company that holds your mortgage fails, your loan, along with all others, will be assets in a bankruptcy proceeding. Chances are, some bank will come along and buy the loans, and then you'll have to mail your mortgage payment to a new address. That's it. The callable mortgage--in which a lender can demand its money back--pretty much ended with the Great Depression...

Author: /time Magazine | Title: O.K., Don't Panic | 9/18/2008 | See Source »

...more intractable. Samak was kicked out of power in an unlikely fashion. Last week, the Constitutional Court determined that he had contravened the national charter by accepting compensation for a second job while serving as Prime Minister. The job? Hosting a few episodes of a T.V. cooking show. The payment? $2,300. Although the court ordered Samak to step down, there was nothing stopping his People Power Party (PPP) from re-nominating him as Prime Minister. But a revolt among the five other members of the ruling coalition squelched any plans to resuscitate the career of one of Thailand...

Author: /time Magazine | Title: Thailand Elects New PM | 9/17/2008 | See Source »

...connect the bombing to al-Khobar, a shadowy extortion gang that has carried out numerous attacks against public buses in southern Mindanao in recent years. Police Chief Inspector Querubin L. Manalang Jr. said the group called the bus company late last week threatening new attacks if their demands for payment weren't met. He said nails and other debris recovered from the site resemble bomb material used in a July attack that killed one bus passenger and wounded 35. "It was the signature bomb of the al-Kohbar group," Manalang said...

Author: /time Magazine | Title: Philippines Bomb Blast Hits South | 9/2/2008 | See Source »

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