Government loan program blamed for high default rate
In our opinion higher education and vocational training offer much to the inquisitive mind yet the program to offer government guaranteed loans has allowed misuses. Default rate is about 19 percent and rising with at least 173 million dollars not returned to the revolving fund. The loan program offers up to 2500 dollars annually with long repayment and no interest for nine to twelve months after graduation.
Debtors face tighter rules after student loan defaults
A historical editorial argues student loans boost earnings but tempt default. It notes bankruptcy as a poplar path after graduation, warns creditors lose future credit access, and cites Congress authority to suspend schools with poor repayment. It urges stricter rules to ensure repayment except for genuine misfortune.
MENTIONED IN THIS ARTICLE
Office of Education
Congress
Weather wars and deficits spark startling theories in 1971 week
An article threads economic fads and a bold weather weapon claim, noting a deficit theory that debt can lift demand when the unemployed rise and not trigger inflation at full employment. It cites a Soviet American pact on environmental warfare and reports on storms blamed on nature rather than seeding. It closes with a Securities and Exchange Commission probe into a million-dollar sports controversy linked to top athletes.
MENTIONED IN THIS ARTICLE
The
Securities and Exchange Commission
Foul weather and stars in a sprawling alleged stock scheme
Three athletes Otis Armstrong of the Denver Broncos Ralph Simpson and Mike Green of the Denver Nuggets are among others named in a Cleveland federal suit claiming 5.2 million was raised from about 100 athletes in a phony land and tax fraud scheme. An attorney for PSA calls the charges lies while SEC probes possible securities violations.
MENTIONED IN THIS ARTICLE
The
Sun
Otis Armstrong
Denver Broncos
Ralph Simpson
Mike Green
Denver Nuggets
Cleveland
Debates on Equality and Employment Law Echo in Public Discourse
A broad critique argues equal employment opportunity efforts are flawed and costly. Cites EEOC as both violator and advocate, cites cases of discrimination against a nurse with health risks and a woman with multiple sclerosis, and references CS Lewis on equality. Calls for more public works and warns against political media-driven equality claims.
Budget Passed Incompletely Shows City-Biased Spending
The 54.5 billion Pennsylvania budget, signed by mistake and sent to the governor, favors Pittsburgh and Philadelphia counties with 34 million in extra aid while cutting a 350 thousand earmark for a Philadelphia probe. The piece prompts an anticipated veto fight and calls for broader austerity with no tax increase.
MENTIONED IN THIS ARTICLE
Herbert Fineman
Pittsburgh
Philadelphia
Plac
Pennsylvania
Bethlehem Globe-Times
Public safety and zoning Q&A from Corry column
Q and A cover fire siren procedures and shift to 8 p.m. alarms with radio alerts for volunteers. It notes zoning setbacks of 7% feet for houses and 3 feet for garages and 20 feet rear for houses. Also mentions a possible new zoning ordinance and a lighthearted dog section ending with a tomahawk permit joke.
The Law on Car Pool Liability and Licensing
A car pool that charges a nominal fee or shares expenses does not become regulated transportation. The driver’s liability to paying passengers matches that to free riders. In Pennsylvania the host owes guests ordinary care, and a guest may recover for injuries from ordinary negligence.
MENTIONED IN THIS ARTICLE
PAC
PUC
Public Utility Commission
Pennsylvania
Also Mentioned on This Page
GOVT
Washington
Air Force
Ho Chi Minh Trail Complex
U.S
North Vietnam
Professional Sports Advisors Inc
PSA
SEC
Charlie Taylor
Ken Houston
Washington Redskins
Mercury Morris
Larry Little
Miami Dolphins
Terry Metcalf
St. Louis Cardinals
Bobby Darwin
Minnesota Twins
Greg Luzinski
Philadelphia Phillies
Luis Tiant
Boston Red Sox
Sandy Alomar
Elliot Maddox
New York Yankees
Underworld
Senate
Sam Giancena
Fidel Castro
Chicago
Giancana
Justice Department
Giancan
Phyllis McGuire
Central Intelligence Agency
John Roselli
Sam Giancana
Castro
Paul Harvey
Equal Employment Opportunity Commission
Really
EEOC
New York
Treasury
Williamsport Sun Gazette
U.S. Public Health Service
C.S. Lewis
States
District of Columbia
Donald Hays
New Mexico Human Rights Commission
Natick
Mass
State Division of Industrial Safety
Corry
Reall
Cnpy
Dave Johnson
Mall
P.O. Box
Corry, Pa
Mott St