Ninety percent of the students take the 'preferred lender.' Why? Because that's the nature of the relationship. You trust the school. The school is in a position of authority. ↗
I feel impelled to speak today in a language that in a sense is new-one which I, who have spent so much of my life in the military profession, would have preferred never to use. That new language is the language of atomic warfare. ↗
In many cases, the Treasury will get preferred or convertible preferred stock for the money it gives to banks. These shares typically don't have voting rights, possibly to give more of a hands-off appearance to the government. ↗
I always preferred to hang out with the outcasts, 'cause they were cooler; they had better taste in music, for one thing, I guess because they had more time to develop one with the lack of social interaction they had! ↗