Word: unpaid
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Dates: during 1980-1989
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...figures are shocking. More than 13 percent of all federal loans to students--totalling $5.6 billion--is going unpaid. By the end of the decade, annual government payments on defaulted loans will increase 10 times, from $209 million in 1978 to $2 billion. Bennett is right on the money in calling for a crackdown on students who borrow and don't repay...
...date, 130 people have faced charges in connection with tax frauds involving some $80 million in unpaid taxes. In one case, three men were convicted earlier this year in an elaborate scheme involving a bogus construction company and tax-exemption frauds. They handed the $320,000 the company collected over to the I.N.L.A. The judge in the case, Michael Nicholson, called the swindles "one of the most important sources of cash for terrorists...
...some reason the defaulting students believe they are somehow better, that they can waive the rules everyone else plays by. They sit in the Ivory Tower thinking big thoughts while their debts go consciously unpaid. And who else is footing the bill but the average American taxpayer--the same taxpayer who struggles to make mortgage payments every month...
Compared with the entire mountain of debt owed by the 15 most heavily indebted Third World nations -- about $463 billion, of which $286 billion is owed to private banks -- the unpaid IOUs piled up before the Paris Club, while substantial, seem of only secondary importance. But before they begin their own painstaking sessions with debtors, the world's major banks often wait to see how club governments will react to requests for postponed loan repayment. The club also has an important effect on the cash flow of needy governments. Unlike banks, which postpone only the repayment of principal on loans...
...other mothers to handing him over to her police-officer husband at the station-house door when they worked alternating shifts. With their schedules in constant flux, there were snags every step of the way. Curtin was more fortunate than most workers: police- department policy allows a year of unpaid "hardship" leave for child care. She decided to invoke that provision...