Exact(20)
Most fund managers expect Athens to pay back less than half of what it owes.
The bottom 20% [of earners] would pay back less than they do today".
Greece will pay back less than half the face value of its bonds under the agreement, which is ostensibly voluntary.
The single most important graphic in the Browne report is a chart that shows the poorest graduates would not only pay back less than richer graduates but also that they would pay back less than under the existing system.
Greece and its creditors agreed earlier this week that the country would pay back less than half of the face value of its bonds.
As a result, we estimate that around one quarter of graduates on the lowest incomes will actually pay back less than under the current system.
Similar(40)
They will be paid back less money than they lent the government.
But skeptics believe that in the end, Greece and Ireland will have to restructure their debt — paying back less than face value.
If you don't make your payments, you get most of the money that you've already paid back, less a small penalty for cancellation.
So-called pay-option ARM's, meanwhile, allow borrowers to choose their monthly payment levels, even if it means paying back less than the nominal interest amount.
Such loans allow borrowers to choose whatever monthly payment they wish, even if it means paying back less than the loan's nominal interest rate.
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