Exact(60)
Mr. Ellison lives in part off loans.
Some investors are forced to sell to pay off loans.
Sales stalled, and Mr. Ginn had trouble paying off loans.
Three-quarters will be paying off loans in their 50s.
"But I am still paying off loans from my bachelor's degree and that is a concern".
Nor is the idea of leaning on banks to write off loans.
After foreign governments agreed to write off loans, debt service consumes a modest 17% of exports.
Overleveraged firms avoid investing and concentrate on shrinking their balance-sheets by paying off loans.
By 2006, its entire $805 million budget would be needed to pay off loans.
When equity values climb, executives sell appreciated shares and use the proceeds to pay off loans.
It would let consumers pay off loans with higher interest rates first.
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