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Bankruptcy by alcopop

Debt for large things is always stacked in favour of the middle classes. I mean fiscally, not physically, large, though beyond a certain largeness you can't really do it on the cheap. You never find anything bigger than a bus in Mr Pound, I have noticed.

This argument was always used as a compelling, though ultimately vain, one against tuition fees - having spent a lot of wind in the 80s, and policy-making in the late 90s, trying to make higher education accessible to poor students, this government turned round with a plan to exclude them with the psychology of economics. How canny; so hard to pin down. Studies show that the poorer your background the more wary you are of debt, so student loans will never be able to sweeten the pill of having to pay for teaching. Automatically, anyone cautious about owing money would be excluded from degree-level education, and yet it would be impossible to blame this on the government since the exclusions were self-imposed.

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VEDA backs education, factory projects

The Vermont Economic Development Authority approved $8.8 million in financing to support projects ranging from expansion at a secondary school to the reclaiming of a vacant factory with a total value of $10.5 million, VEDA said on Monday.

"A variety of VEDA programs will be tapped to enhance growth in manufacturing, educational, agricultural and small business sectors of Vermont's economy," VEDA Chief Executive Officer Jo Bradley said in a statement.

The VEDA board approved:

Lyndon Institute Inc., Lyndon: $5.4 million in tax-exempt industrial revenue bonds for the construction of a 26-room dormitory allowing the secondary school to significantly increase its boarding student program. The Union Bank will act as trustee for the bond issue, with the Community National, Lyndonville Savings and Passumpsic Savings Bank also participating in the financing.

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