Word: loan
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...benefit raised over $300 for HOP. The sum total for this year is less than last semester’s $500 because the ticket price was reduced to $3 from last semester’s $5. Chou, who reassured that “all proceeds go toward the loan fund,” was extremely pleased with Friday night’s outcome, for in the words of performer MC Mikal, “a benefit show is meant to uplift, and HOP is working hard to do that...
...earnings, beats and rapes his estranged wife, and hurls his stepdaughter down a staircase. When a worker at his fish-cake factory begs for back pay, Kim responds by applying a hot coal to the man's cheek. After the business takes off, Kim invests his gains in a loan-sharking operation, opening up vast new reserves of people to exploit and brutalize. To Kim, power is to be abused, affection to be crushed...
...small concession to opulence, the walls of the management company’s main floor—they have three in all—are adorned with artwork, most of it modern, on loan from the avant-garde DeCordova Museum in Lincoln, Mass. Meyer’s office, furnished with his own items, features an impressive reproduction of Pablo Picasso’s “Interior With a Girl Drawing.” (The original is on display at the Museum of Modern Art in New York.) His windows look out onto the breathtaking expanse of Boston Harbor...
...Direct Loan program is an example of affirmative government at its best, the FFEL is an altogether different beast. Under FFEL the federal government subsidizes banks and other private companies to serve as intermediary actors, ensuring that they receive a baseline interest rate return and covering all default risks. Companies that get in on this sweet deal make out like bandits. Sallie Mae, the biggest player in this racket, is the second most profitable company in the Fortune 500, earning a pretty 36.9 percent return on revenues...
Thanks to the intransigence of Congressional Republicans, colleges get to opt in to the loan program of their choice. More often than not they choose FFEL, often under pressure from state agencies that collect a small percentage off the loans...