Word: repaying
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Under the Eli version of Pay As You Earn (PAYE), students who say "charge it" will repay the debt at the rate of .4% of their adjusted gross income for each $1,000 borrowed. Thus an alumnus who had borrowed $4,000 and had an adjusted income of $10,000 would pay $160 that year. An unusual feature: each class's loans will be pooled, and payments will go on until the whole class has wiped out its collective debt, including interest. Yale estimates the payback period will average 26 years...
...program allows students to repay tuition loans at a payment late proportional to their future earnings. It also combines the money loaned to each student into a class debt: borrowers must make payments until the collective class debt is paid...
...long since abandoned the theory of explicitly fitting punishment to crime-castrating rapists, for example-but there is something to be said for the principle in its less violent forms. Perhaps a criminal should even be forced to make restitution in kind. The robber should work to repay his victim, the murderer should be indentured to support the dead man's family. Most crimes, after all, are offenses not against the state but against persons; and persons, short of bloody revenge, should have some satisfaction...
...aspect, he believes, is for black and white to explore each other's turf. Since its inception, the corps' most ambitious programs have been aimed at this goal. This summer, 200 to 300 Hartford ghetto children will spend two weeks in suburban homes, while many whites will repay the visits during corps-organized housepainting projects and ghetto-neighborhood get-togethers. Coll also has completed arrangements to take over the National Guard camp at Windsor Locks, Conn., for several weeks to create a "Corps City" for 100 black and white children. Says he: "We'll challenge the hell...
...Bless. Early this year Nortlisea's Swiss owners decided to open their Dutch mouth. They tried to repay their loan, but Veronica refused the money. The Swiss thereupon armed themselves with pistols, sailed to their ship in a tugboat, overpowered Veronica's men, took them ashore and replaced them with their own crew. They hired one of Veronica's top D.J.s, Joost de Draaijer (Johnnie-Turn-Them-On), and began broadcasting 24 hours a day in Dutch (v. 1 8 hours for Veronica...