Sentences with phrase «loan system has created»

The student loan system has created an army of walking husks, desperate to take any work.

Not exact matches

The military practically abolished Nigeria's federal system in favour of a unitary, distributive economy in which we all shared proceeds of oil; they created more and more states eroding sub-national economic viability; they nationalized and indigenized banks and declared that government would hold the «commanding heights» of our economy, marginalizing investment and the private sector brought in «big government»; they implemented «Udoji awards» and other elements of oil and FX subsidies that Nigeria battles to overcome today; and the about - to - depart government of Murtala / Obasanjo took the first $ 1billion jumbo loan that set Nigeria on the path to debt peonage!
WASHINGTON — President Clinton was poised late last week to unveil a long - awaited legislative package that would create a federally chartered corporation to oversee a national service program, replace the existing student - loan program with a system of direct loans made with federal capital, and call for extensive use of a loan repayment plan that would base payments on a borrower's income.
And earlier this year, the Obama administration abandoned a provision in its landmark student - loan reform legislation that would have created comprehensive state systems to improve the quality of child care and early education for children from birth through age 5.
As PK said above, would this create a «caste» system of students who either take the student loan route versus the free tuition route.
In addition, for nearly two years prior, Great Lakes and Nelnet have been teaming up to create a new servicing system for government - held student loans.
The need for student loans has also created a very lucrative market for the private lenders and banks who, until 2010, profited from guarantees through the federal student loan system and who are benefiting today from the demand for financing beyond the federal loan program.
S. 2228 — Higher Education Reform and Opportunity Act [Sen. Mike Lee (R - UT)-RSB- would allow states to establish an alternative accreditation system, reduce the myriad student loan programs into one, create one repayment period for undergraduate loans and another for graduate loans, cap borrowing amounts, eliminate student loan forgiveness, and fine schools with poor student loan repayment rates.
The Department has created a new direct consolidation loan system that will be phased in starting in January 2014.
What we have created is a system that allowed easy government loans and private student loans to flood into for - profit schools that are now accused of putting profits over quality.
To create additional eligibility — All Banks have a system to calculate the maximum Loan amount that can be lent to a loan seeLoan amount that can be lent to a loan seeloan seeker.
All federal loans are listed in both the Federal Student Aid portal and the National Student Loan Data System, which you'll need a Federal Student Aid ID to access (create one here if you don't already have one).
Apparently O'Brien considers it «pro-business» to eliminate a system which had created loans to help New Hampshire businesses lower energy expenses, and provided energy efficiency job training for hundreds of workers in the state.
Cloudvirga, in collaboration with Freddie Mac, has created the capability for loan officers to submit mortgage loan data to both government - sponsored enterprises» automated underwriting systems simultaneously with a single click.
Throughout their careers, Aperture's team has closed an estimated $ 150 billion of real estate financing transactions, flipped nearly 3,000 properties, and originated over $ 10 billion of mortgage loans, as well as created proprietary technology systems for some of the largest investment banks in the world.
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