It would cost taxpayers a lot, even with higher fees, because students can borrow their tuition fees from the state on easy terms.
ECONOMIST: A briefing on the British election: A for effort, C for attainment | The
And now all manner of incubators are coming out of the woodwork, looking for equity capital from the public on easy terms, (see story).
Although the number has now dropped a little, that is scant consolation: the old loans made on easy terms are still on banks' books.
Students can defer payments and states offer loans on easy terms.
Who else could be on easy terms with the mutually incompatible Gordon Brown of Britain and Oskar Lafontaine of Germany (who even out of office has kept in touch)?
Rather than breaking up big farms, he has speeded up the granting of land titles to rural squatters and bought up private holdings to sell on easy terms to those who lack plots.
The startups that really get hosed are going to be the ones that have easy money built into the structure of their company: the ones that raise a lot on easy terms, and are then led thereby to spend a lot, and to pay little attention to profitability.
FORBES: Paul Graham: What Startups Can Do If (When?) Facebook IPO Affects Valuations
After all, that was the lesson of Iraq - winning the war was easy, winning the peace proved nigh on impossible and hugely costly both in terms of cash and men.
Even if all goes well--and the logistics of supplying, servicing and putting online hundreds of thousands of computers is no easy task--PeoplePC has offered its services to enterprises on even more favorable terms than those afforded to individuals.
While the Republican Party has long had direct mail backed up by a database of voter information, Rasiej points out that Obama's list, when combined with the Internet, offers Democrats an easy way to communicate efficiently with their base -- something they have not had on terms comparable with the GOP.
CNN: What will Obama do with his millions of online 'friends'?
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