Word: repaying
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Dates: during 1960-1969
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...year proposition would have been impossible. NDEA, if the experience of Harvard students is any indication, has been a dependable, easily accessible source of money. Graduate and undergraduate students may now borrow up to $1000 a year interest free while they are in school; after graduation, they begin to repay the principal and pay interest at three per cent...
Johnson has failed to realize that the proposed revisions would be more expensive than the present plan. Under the NDEA, the government is the banker; students get 90 per cent of their money from the government--the colleges put up the rest--and they repay the full amount after graduation. But under the guaranteed loan plan, the government would be subsidizing the interest on student loans and that money, paid to private banks or lending agencies, would never be returned to the government...
When he graduates and begins to repay the loan, the government would pay up to three per cent of the interest. This is roughly the way the government now handles G.I. loans and insured mortages...
Ahead were more talks between the monarchs. Iran's Shah will soon repay the visits by Hussein and Feisal with trips to their capitals...
Except for the trudge upstairs (where quarters are cheaper), Chicago-based Household Finance makes the process of borrowing so simple that 2,000,000 Americans a year go into debt to it. Relying chiefly on its quick judgment of an applicant's ability and his willingness to repay, the company makes nearly a half of its loans unse- cured, most of the rest through a legally loose chattel mortgage on borrower's household goods. Its sharp-eyed loan managers turn down 64% of would-be borrowers-but that leaves plenty. Household Finance has doubled its loan business...