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...payments, and the remaining 100 were judged fully eligible. Based on those figures, HEW expects to find in the current search 10,000 to 12,000 Government workers who are chiseling the welfare system out of from $10 million to $24 million annually. Chiselers face possible prosecution, having to repay illegal benefits, and loss of their jobs...

Author: /time Magazine | Title: Law: Working While on Welfare | 2/13/1978 | See Source »

When the two-year drought first parched much of the country in 1976, farmers cried that unless Washington came to their rescue they faced financial ruin. Congress obliged by making the farmers eligible for easy-to-get, easy-to-repay loans under the Small Business Administration's disaster relief program. Now farmers in some areas are afflicted not by drought but by harvests so bountiful that prices have fallen. So back to the trough of federal aid they have come-in a stampede. They have made such a run on the SBA farm loans that administrators who once budgeted...

Author: /time Magazine | Title: The Nation: SBA No! | 11/14/1977 | See Source »

Harvard students who fail to repay their government-insured loans on time after graduation will face a stricter University policy, and possibly a private collection agency, under new federal regulations in effect this fall...

Author: NO WRITER ATTRIBUTED | Title: U.S. Tightens Student Loan Regulations | 9/14/1977 | See Source »

...governments to major commercial banks ballooned from $110 billion in 1969 to $550 billion last year. Now the banks are reaching the ceiling of their willingness to lend to troubled nations-and countries such as Brazil, Mexico, Peru and Zaire may be nearing the end of their ability to repay, unless they get new credits. Various experts believe that without emergency loans from the IMF, a number of less-developed countries would default on their loans, possibly bringing down some big banks or triggering an international economic collapse...

Author: /time Magazine | Title: MONEY: The Lender of Last Resort | 8/15/1977 | See Source »

...Lance had borrowed $2.7 million from Manhattan's Manufacturers Hanover Trust to buy 21% of the stock in the National Bank of Georgia (NBG). It was to refinance this loan, and to repay other debts, that he sought his $3.4 million loan late last year...

Author: /time Magazine | Title: THE ADMINISTRATION: The Sharperning Battle over Bert Lance | 8/1/1977 | See Source »

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