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...insured education loans are commonly running at 4% to 6%, van average of less than 1% for ordinary auto, home-improvement and other consumer loans. The student delinquency problem is especially severe in California. The Bank of America reports that some 15% of its federally insured student loans go sour...

Author: /time Magazine | Title: Education: Academic Rip-Offs | 8/2/1971 | See Source »

...assails the decisions of some of the keenest minds ever to have been attracted to national security service, and scatters classified documents like chain letters across the country? If he were merely an emotional and impulsive man obsessed by guilt about his personal involvement in a war that turned sour, Daniel Ellsberg's conduct could be dismissed as outrageous. Yet Ellsberg does not stand alone. He was one of?and represents?an exceptional class of bright scholars who charged out of the nation's best universities in the '60s to apply mathematics and precise analysis to the waging...

Author: /time Magazine | Title: The Nation: Ellsberg: The Battle Over the Right to Know | 7/5/1971 | See Source »

TIME'S survey also turned up a scattering of sour gripes. The Chicago Tribune shrugged off the Sun-Times disclosures as a "rehash" because some of its material had previously been published elsewhere. Boston's Herald Traveler ignored the revelations of the rival Globe. Detroit News Editor Martin Hayden, beaten by the Knight's competing Free Press, complained that the Pentagon study was "only offered to the so-called antiwar papers." And the Houston Post did not even mention the dis closures until Attorney General John Mitchell moved against the Times, four days after the story broke...

Author: /time Magazine | Title: The Press: Would You Have Done What the Times Did? | 7/5/1971 | See Source »

...people"), but cannot write a paragraph. Her mother drives her crazy simply by living in the same house. With the awful logic of the mad, she considers and rejects any amelioration of her condition; she is under a "glass bell jar, stewing in my own sour air." Rescued from a suicide attempt, she starts the long process of mental repair in an asylum...

Author: /time Magazine | Title: Books: Lady Lazarus | 6/21/1971 | See Source »

Sweet and Sour. President Nixon will not be deterred by Taipei's diplomatic offensive from his declared intent of improving relations with Peking. The President's next signal will be to define the terms of more liberal trade. In April, Nixon freed U.S. business to sell directly to China for the first time in 22 years. This week or next Nixon is expected to announce which goods may and may not be traded with China. Despite such gestures, however, as long as the problem of Taiwan remains unsolved, Peking is unlikely to change its current sweet-and-sour...

Author: /time Magazine | Title: The World: Tense Triangle | 6/7/1971 | See Source »

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