There have been warnings that students from poorer families are more debt averse and this could have the appeal of a simple system, with no debts attached.
In heaven, there are no debts -- all have been paid, one way or another -- but in hell there's nothing but debts, and a great deal of payment is exacted, though you can't ever get all paid up.
When you have no other debts, such as credit card debt, at greater rates of interest.
Our finance minister is glad that he gets no new debts for his budget in 3 years.
Yet when there is no way to pay off debts because they are overwhelming, inflation is the only course of escape bar default.
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According to a report prepared for the International Labor Organization, millions of Pakistan's poorest people are working for little or no money to pay back debts to their employers.
According to official figures, bad debts amount to no more than 5% of the banking system's total loans, as opposed to 25-30% in Thailand and an even higher proportion in Indonesia.
No one would ever lose a penny: there would be no haircuts, no non-payment of such debts.
If banks struggle to meet their own debts, they have no choice but to reduce their lending.
Let us also assume that there is no recovery: that the bad debts truly go to zero, not 50%, or 60%.
But there is no point forcing banks to recognize bad debts unless overleveraged private-sector balance sheets are restructured too.
Because the mobile-phone companies get paid in advance, they waste no time or money on chasing bad debts, as fixed-line firms do.
While operating in Chapter 11, the company pays no interest on its pre-petition debts, freeing up cash that can be reinvested in the business.
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Feddis adds that if it seems likely that customers won't be able to pay their debts, it's in no one's interest for them to continue racking up charges.
To state the bloomin' obvious, when a bank can't borrow from anywhere, even from the central bank, to repay its own debts as they fall due, well that's what causes panic and bank runs - because no one would leave their money in a bank that can't repay its debts.
Seven of the clubs reduced their debts with Falkirk and Inverness operating with no debt.
And they would have to make plain that no other euro country but Greece would have its debts restructured.
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It will start to even out over the course of, say, 40 years, just in time for my generation to die, having paid of most of the debts it was handed and having had no retirement of its own.
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In each case, the companies suffered from maturing debts that required immediate cash, and had no easy sources for financing.
It did not set any fiscal targets for Argentina beyond 2004 and ventured no opinion on Argentina's capacity to repay its debts.
Against this dysfunctional political backdrop, it makes no sense for Germany or the ECB to agree to pool debts, even assuming the legal obstacles could be quickly overcome.
To no avail: Daewoo still defaulted on some 100 trillion won of debts.
But they have been among the worst sinners during the Asian boom years, investing with no apparent regard for economic return and, collectively, running up debts five times the size of their equity.
The banks, facing serious financial problems of their own, had no great desire to pour more money into a liquor group whose total debts, estimated at 4 trillion won, amount to 29 times its equity.
The trillion-dollar debts of Japan's banks, for example, have had no effect on stock markets further afield than Tokyo.
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For example, you may have your mortgage and other debts paid off, the kids out of the home, and no more commuting expenses.
He saw no help coming his way, as he tried to deal with his loans and debts.
Cheltenham Town FC warned debts needed to be settled by the end of March or the Tigers would no longer be welcome at their Whaddon Road stadium.
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With no new innovations available to purchase, consumers would use the redistributed money to pay off debts, or to continue to purchase sustaining innovations (newer products to replace older models).
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