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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Apr 30, 2001
Page
15
The lender can repossess when there is no reasonable prospect of repayment based on current income and past records. Lenders aim to work with borrowers to avoid repossession, but they may act if payments are severely delinquent. Extensions exist but are limited, especially on newer loans with high interest.
Teens nationwide seek summer employment to reduce college expenses and gain early work experience. Stephanie Varonese, 17, of Syracuse, will work as a camp counselor at Camp Nazareth after years of babysitting, saving earnings for college and learning money management and responsibility. Government data show substantial teen labor participation, with varied work permits and programs like CNY Works aiding job placement and career development.
Medicaid coverage questions arise for a 15 year old not in school and working low wage. Eligibility hinges on income and resources. COBRA may extend employer coverage temporarily, while Medigap and insurance price trends are discussed. Health department grants fund tobacco prevention. local programs receive notable funding.
A reader outlines preferred high tech issues amid a 70 to 90 percent price drop since March 2000. The note highlights ADC Telecommunications Applied Materials AMCC AOL ARBA Broadcom Commerce One Cisco Doubleclick and others as potential buys, stressing 10 shares of each could yield gains within a year or two while acknowledging market risk.
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