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Corry Evening Journal in Corry, Pennsylvania

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Corry Evening Journal

Location

Corry, Pennsylvania, United States of America

Date

Jul 12, 1975

Page

4

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.

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.

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.

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.

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.

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
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