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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 25, 1982
Page
2
A 1954 Metropolitan Life life policy with a $500 face value pays only $317.22 cash surrender value after surrender. Experts note industrial policies under $1,000 with tiny weekly premiums were common but costly and seldom cash out fully. Regulators warn buyers to save or invest instead.
A reader reflects on LEAA and CETA funding, noting $7.7 billion allocated since 1969 and a $128.6 million boost to Justice System Improvement Act agencies. They recount local experiences in Cleveland, the influence of inspectors and auditors, and the role of political entities in grant decisions, questioning future programs and governance.
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