Opinion on student loan defaults and collection policy
Columnist Andrew Tully discusses echoing views among antiwar demonstrators and reports on the National Guaranteed Loan Program. He cites a $430 million loss from unrepaid loans, with one third of defaulters “comfortably off,” and notes proposed changes to bankruptcy rules and new collection efforts. Taxpayers funding access to college face scrutiny amid rising defaults and calls for tighter recovery.
MENTIONED IN THIS ARTICLE
Andrew Tully
Washington
Tully
NGLP
U.S
Health, Education and Welfare Department
Congress
Ohio
Nele Sam
Carter plans urban policy to rehab cities in crisis
Washington reports President Carter orders an urban program задум to rehabilitate aging downtowns. A federal urban bank and subsidies aim to spur private investment, loans, and tax breaks, while curb redlining and crime prevention. Cities like Boston Detroit New York and Philadelphia would qualify alongside smaller towns.
MENTIONED IN THIS ARTICLE
Carter
Howie Kurtz Carter
Treasury Department
Urban Bank
Treasury
Boston
Buffalo
Detroit
Jersey City
Los Angeles
Newark
New York City
Philadelphia
Atlantic City
N.J
Bridgeport
Cons
Duluth
Minn
Spokane
Wash
White House
Washington
End of Bert Lance era marks Labor Day pivot in Carter White House
Washington reports that 19 days before Labor Day, pressure and private ties forced Carter to acknowledge Bert Lance’s public career could not be saved. The White House reels from new disclosures, Powell pushes back, and the Loom of Senate hearings shapes Lance’s fate as Carter faces political maturity and difficult choices.
MENTIONED IN THIS ARTICLE
Washington
Bert Lance
Jimmy Carter
White House
Alfori
Carter
Lance
Hamilton Jordan
Jody Powell
Georgia
Senate Committee
Comptroller
Washington notes on Carter aides and Capitol Hill
A White House aide says Carter worked harder on budget matters than Bert Lance, with Carter reading a 60 page departmental budget summary while Lance boiled it to four pages. Leading Democrats warn Powell-Percy fallout could hurt Carter's energy and Panama Canal priorities. Byrd and O Neil criticize comments as damaging. Ford pressured Carter over the Panama Canal treaties in exchange for Burns’s renomination. A West Bank Palestinian group contests PLO authority, warning of emboldened Arab leaders against the Palestinian cause. Labor Secretary Marshall seeks railroad bed work to cut black youth unemployment, but critics doubt the plan’s appeal. Joe Califano laments the abortion debate as a two-edged, can't-win issue.
MENTIONED IN THIS ARTICLE
Carter
Powell
Bert Lance
Lance
Associated Press
White House
Senate
Robert C. Byrd
Jimmy Carter
Office of Management and Budget
State Department
West Bank
Palestine Liberation Organization
PLO
Lebanon
West
LABOR
Ray Marshall
Congressional Black Caucus
Pope Paul VI May Step Down On His Eightieth Birthday
Washington reports rising speculation that Pope Paul VI could announce retirement tomorrow on turning eighty. The piece traces past papal retirements including Celestine V and notes Paul VI’s frail health and conservative stance, with Vatican insiders debating papal succession and the likelihood of a new pope from among Italian and non Italian cardinals.
MENTIONED IN THIS ARTICLE
Paul VI
Celestine
St. Peter
Vatican
Paul
Andim
Celestine V
Rome
Enzo de Medici
Losservatore Romany
Gu Pope
Sergio Cardinal Pigneci Pignedoli
Vatican Secretariat
Carta
Adrian VI
Paul Vis
Pope Paul VI
Also Mentioned on This Page
Don Edwards
Dcalif
Akron Beacon Journal
By Jack Anderson
America
Lyndon Johnson
Joth
the Chronicle-Telegram
UNC Pion
A**winehead
Honduras
Banda- Tas
Salvador
Milton Han Mer
Atty
Grim Bell
Handler
Rosatirr
Jack E Weaver
Mer ‘Wilber Carulstion
Arlo WeCully
Byrne
By Jack W. Germond
and Jules Witcover
Bert
Michael Blumenthal
Jordan
Robert Lipshutz
Abe Ribicoff
Tados Unidos
Washington News
By Andrew Tully
Capitol Hill
Powell-Percy
Robert Byrd
House
Tip O'Neill
Byrd
Powell Antic
O'Neill
Gerald Ford
Ford
Arthur Burns
Federal Reserve Board
Baloney
Burns
Joe Califano
Eduction and Welfare
Pro
Con
Pope Paul
Benedict IX
Gregory VI
Gregory XII
Jestine
Charles Hof Anjou
Boniface
Leo X
Lor
Dy Smith
Hempstone
John XXIII
Dunagin
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