Word: repays
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...column "Don't Waste Your Breath" [DIVIDING LINE, April 2], we need to take care of a previous debt. Native Americans had an entire hemisphere stolen from them, and they suffered under a virtual "open hunting season" from the time Columbus appeared on the horizon. To repay Native Americans for our ill-gotten gains would mean we would have to give them--well, everything. JIM OSBORNE Indianapolis...
Because these tilted tax cuts would make it impossible to pay off the national debt, Bush has conveniently redefined the debt so as to avoid the need to repay it. The administration claims that $1.2 trillion of debt is locked up in bonds that cannot be paid off for at least a decade without incurring heavy penalties. However, both the Congressional Budget Office (CBO) and Federal Reserve Chair Alan Greenspan have estimated that this figure is too high by more than $400 billion. It is inexcusable for the Bush administration to declare victory and go home when billions in redeemable...
This boost, by decreasing the amount of money that students must contribute from work or loan programs, will give undergraduates on financial aid more flexibility and freedom. Because of the increase, financial aid students can either work less during term-time or repay fewer loans after they graduate. The new move bears many similarities to the financial aid increase in 1998, when the University also increased grants by $2,000 and exempted outside scholarships from calculations of financial need...
...dearly. In two decisions last year, the Cassation Court, Italy's highest appeals panel, declared hundreds of thousands of bank loans illegally usurious and put them up for renegotiation. That included loans made before the 1996 legislation. What's more, the court said that the banks would have to repay any excess interest they had collected in the past. Antonio Fazio, governor of the Bank of Italy, warned that banks stood to lose up to $24 billion...
...AIDS four years ago. Muriungi, who cares for eight children--five of her own and three her sister left when she too died of AIDS--uses the money to pay school fees in advance and fix her band's equipment. Her singing generates enough money for her to repay the loans and save...