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Word: middleman (lookup in dictionary) (lookup stats)
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...banks and companies like Sallie Mae that lend money to student borrowers and collect it from them. In addition, the federal government has been obligated to cover up to 97% of any defaulted loan, effectively eliminating risk for lenders. Figuring that money could be saved by cutting out the middleman, Congress created the Direct Loan program - in which money goes from the Education Department to students - in 1993. The programs have been in competition with each other since then. (See pictures of the college dorm's evolution...

Author: /time Magazine | Title: Student Loans Get a Government Takeover | 4/5/2010 | See Source »

...bill that President Obama signed into law has implications for you beyond the health sector. The Student Aid and Fiscal Responsibility Act—an addition to the healthcare bill—enables students to receive loans directly from the federal government. This will cut out the middleman, providing a savings of $61 billion over 10 years and vastly improving student life. These provisions will allocate more resources to students eligible for Pell Grant scholarships and to universities nationwide. In short, higher education has become more accessible and more affordable for millions of Americans...

Author: By Jason Q. Berkenfeld, Lindsay M. Garber, and Lange P. Luntao | Title: Hope and Change, Delivered | 4/5/2010 | See Source »

...food - celery root is certainly real, so real that it's covered in dirt when you buy it at the supermarket - but McDonald's is, after all, a corporation. Coudreaut may be a chef, but his employer is no restaurant. McDonald's Corp. is largely a holding company, a middleman that works between restaurant owners and food suppliers. It provides franchisees with inexpensive, processed ingredients and - this is where Coudreaut's team and other development people come in - a guarantee that new menu items have been tested and tweaked and retested so they can come out looking and tasting roughly...

Author: /time Magazine | Title: McDonald's Chef: The Most Influential Cook in America? | 2/22/2010 | See Source »

...Hysen added that the removal of the UC as a middleman could “eliminate a layer of bureaucracy” and simplify the application process for students...

Author: By Melody Y. Hu and Eric P. Newcomer, CRIMSON STAFF WRITERS | Title: Modified Student Life Fund Returns | 1/28/2010 | See Source »

...Soon, the middleman could be a thing of the past. And it may only be a matter of time before movie theatres - popcorn...

Author: /time Magazine | Title: Why Indie Directors Give Movies Away Free Online | 12/26/2009 | See Source »

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