Government grants, subsidized loans and private scholarships pay most of the way for poor students with the drive to excel.

Many of the immigrants were very poor and illiterate and had to take loans to pay their travel costs.

Over 98% of Fannie's loans were paying timely during 2008.

"They're realizing that they better collect some money up front or these loans may not pay anything back at all."

The commission also recommends that the bank use grants rather than loans to pay for its programs.

A $20 million loan, once approved, would pay for the company's operations during its reorganization.

He also said savings and loans and banks should pay the same amount for deposit insurance.

Savings and loans now pay 23 cents for each $100 of deposits - the most currently allowed by law.

Korea's two-year loans will pay 2.5 percentage points above Libor.

The three-year loans will pay 2.75 percentage points above Libor.