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"We've heard conversations that our neediest students need grants instead of loans," he said.
President Bush urged the World Bank to provide more grants instead of loans to the poorest nations, arguing that poor countries are overly indebted.
Horn said that the museum was adamant about accepting donations instead of loans and that virtually all of the 35,000 artifacts were permanent.
Here, the investment bank used repos to temporarily park assets off its books to make its end-of-quarter debt levels look better than they did -- while calling them sales instead of loans.
And officials at Harvard, Penn, Amherst and a number of other colleges say one reason they have begun emphasizing grants instead of loans in financial aid is so students do not feel pressured by their debts to pursue lucrative careers.
He argues, persuasively, that aid ought to be extended in the form of grants, instead of loans, which have to be repaid, and that it shouldn't be tied to specific expenditures.
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Thornburg said some of its creditors would take over collateral instead of loan payments.
Debt Relief: The Results Are In :: Debt relief has allowed poor nations to pay for schools and health care instead of loan interest.
Its peer to peer lending service differs from US rivals by working with credit unions to offer person-to-person loans instead of a loans coming directly from lenders on the service.
Zopa's peer to peer lending service differs from U.S. rivals by working with credit unions to offer person-to-person loans instead of a loans coming directly from lenders on the service like Prosper and Lending Club (works through Facebook).
Many colleges provide inaccurate information to college rankings (e.g., reporting just need-based loans instead of all loans, reporting the average debt among all graduating students as opposed to just those students graduating with student loan debt).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com