All of this said, investing in a college education requires wise counsel and caution when undertaking debt.
The most recent data significantly raise the probability that sufficient resources will be available to undertake both debt reduction and surplus-lowering policy initiatives.
Moody's also lowered Chrysler's rating and recovery rate from 50% to 20%–saying with certainty that the struggling automaker will either undertake a debt restructuring, which Moody's would view as a default, or will file for bankruptcy.
After studying the museum's financial records, Mr. Kreeger and Mr. Sexton agreed to help secure a loan to the museum to cover some operating costs, with the understanding that the museum would undertake a major debt-reduction plan.
In the short term, the risk of the Cypriot banking sector collapsing has receded, and the bailout funds will allow the government to pay its own debts and undertake the restructuring of the banks without facing economic collapse or exiting the euro.
The bank's investment banking business slowed as companies put off plans to issue debt and undertake mergers.
The "bull" argument for CBS stock, he said, centers on whether the publicly traded company will consider going private or taking advantange of its strong cash generation and low debt to undertake an investor-friendly restructuring.
For instance, Jaggar appeals to liberal democratic norms to argue that many southern debt obligations are not morally binding because their citizenries were "largely uninformed and/or their options were virtually non-existent" when they undertook these supposed debts (Jaggar 2002a, 433).
A debt restructuring similar to Argentina's could then be undertaken, reducing the debt's present value by around the same percentage as the Greek reduction in living standards.
(v) The commander's response to the claimant shall not undertake to arbitrate any disputed debt, or admit or deny the validity of the claim.
