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Similarly, for identical student loans, those who earn $30,000 after graduation would repay three times as much as those who earn...

Author: By Gerald M. Rosberg, | Title: Panel Urges New Student Loan Scheme | 8/11/1967 | See Source »

...White House panel -- including a professor of Mathematics form Harvard -- has drawn up a new college-loan plan that would require students earning large incomes after graduation to repay more than those earning less...

Author: By Gerald M. Rosberg, | Title: Panel Urges New Student Loan Scheme | 8/11/1967 | See Source »

...plan tying repayment to income could become enormously expensive for graduates with very large incomes, so the panel has provided for an escape route from the 40-year obligation. At any time, the student could repay the entire amount of his loan if he also paid commercial interest rates on the money he has borrowed. Andrew M. Gleason, professor of Mathematics and one of the panel's members, said that commercial rates would be about six per cent...

Author: By Gerald M. Rosberg, | Title: Panel Urges New Student Loan Scheme | 8/11/1967 | See Source »

...profits were excessive, but that they had been refused access to Bristol Siddeley's books. Trying to cool the criticism, Minister of State (Technology) John Stonehouse told Commons that though Bristol Siddeley's contract was not open to renegotiation, so that the company was not obliged to repay any money, its directors had agreed to return $11 million of excess profits. "I pay tribute to the way in which they have brought things to a satisfactory conclusion," said...

Author: /time Magazine | Title: Britain: An Excess of Excess Profits | 4/14/1967 | See Source »

...between 1961 and 1965-one of them a marathon "Dodd Day" that included a high-priced breakfast, lunch, cocktail party and dinner. The testimonials netted over $170,000, and Dodd admitted that $28,500 of the money went to pay off federal tax debts, tens of thousands more to repay personal loans, nearly $9,500 for improvements on his house in North Stonington, Conn. Smaller sums from the testimonial funds paid for trips to the West Indies and London, lunch tabs at the Senate dining room, liquor bills, Army-Navy football tickets, the rental of a limousine, even a Washington...

Author: /time Magazine | Title: Nation: An Oft-Blurred Line | 3/24/1967 | See Source »

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