Word: payments
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Dates: during 1980-1989
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...soaring numbers of students who fail to repay their loans has shocked congressmen and sent Administration and college officials running to find a solution. The government's annual payment on defaulted loans will jump 10-fold from $209 million in 1978 to $2 billion by the end of the decade...
Mullinix refused to state the exact amounts the university and the researchers would receive for the license. She said, however, that Genentech had made an immediate cash payment for the right to use the drug, and would also pay royalty fees...
...financial disaster for its principal owner, Public Service of New Hampshire, an otherwise healthy electric utility that has poured $2.1 billion into the plant. Strapped for cash, Public Service last week did something that utilities virtually never do: it defaulted. The company deliberately missed a $37.5 million semiannual interest payment on nearly a third of its $1.5 billion debt. Not since the Great Depression had a major investor-owned utility failed to meet its bond commitments. "We are in a heap of trouble," admits Robert Harrison, Public Service's president...
...Both payment and coupon must be enclosed within the envelope to receive a ticket...
...schools. Rarely has such an ordinary pitch received so much attention, but then this was no ordinary pitchman: it was Presidential Hopeful Jesse Jackson. The message, self-improvement through education, was vintage Jackson. The medium was a blitz of commercial advertisements for which Jackson was to receive an undisclosed payment...