FOR years, the American financial sector borrowed and borrowed.
He taxed and taxed, and borrowed and borrowed, and played tricks with the budget.
While that is still low by historical standards — it averaged about 5.7percentt in the late 1990s, as deficits turned to surpluses under President Bill Clinton — investors are starting to wonder whether the United States is headed for a new era of rising market interest rates as the government borrows, borrows and borrows some more.
Although federal data show that graduates of for-profit colleges are far more likely to borrow, and borrow more, than those who attend other types of colleges, the report's findings focus only on public and nonprofit colleges, because only nine for-profit colleges (less than 2 percent) reported the necessary figures.
This was the moment that our middle-class lives were spent preparing for, encouraged from childhood, as we were, by parents, friends, teachers — the generations that had borrowed, and borrowed from, the culture of the colonizer, who had made the loan seem a gift, seductive, pain-free.
Then too, many early modern authors borrowed, and borrowed heavily, from Stoic and Thomist classifications.
It is what has allowed everything to keep running because people know they have to go to college -- they don't feel they have any choice -- so they just continue to borrow and borrow and borrow.
The Thick of It: "You don't need to shit yourself about it, because we're not buying it, all right - it's funded by taxes!" Cable: "I have great sympathy with the chancellor, who is being attacked for borrowing too much and borrowing too little at the same time … ".
