Word: repayment
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Dates: during 1980-1989
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...increase in defaults as debt rates rise faster than students are able to repay loans...
...problems of debtor countries have been compounded by sluggish growth rates that cripple their ability to repay loans. The troubled nations must boost export sales to raise more money, but that has grown increasingly difficult. One hindrance has been the rise of protectionist sentiment in the industrial world. Another is the falling price of many Third World exports, ranging from coffee to copper and tin. Mexico, which depends on oil for most of its export income, has suffered a 13.5% drop in petroleum sales this year...
...Faber said, in addition to needing to repay loans, "It's very hard to [choose to] make a difference in people's lives instead of driving a Mercedes or going to Australia for Christmas...
...effort. When her borrowings reached $40,000 on top of a $65,000 mortgage, Chambre, who was earning $35,000 a year, decided that it was time to stop. "For four months I could hardly sleep," she recalled, "worrying about the trouble I was in." Her solution was to repay the loans by working seven-day weeks for more than two years and curtailing expenses. Gone now are the twice-yearly European vacations, the expensive athletic club membership and the shopping binges in designer boutiques. Gone also is her nonmortgage debt. Says Chambre: "I'm so glad that chapter...
...Testament condemns such a view as sinful. "Judge not that ye be not judged," Jesus said. "Love your enemies, bless them that curse you, do good to them that hate you." St. Paul decried the hunger for revenge as a blasphemy. "Vengeance is mine; I will repay, saith the Lord. Therefore, if thine enemy hunger, feed him." One can admire these teachings, and yet sometimes find them impossible to accept, or act upon. Must one not make an exception in the case of someone as vile as Mengele? Would mercy toward him not mock his victims...