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<strong>PRI</strong> – Participation Rate Index, a cohort default rate appeal option for postsecondary institutions with a low percentage of students participating in the federal loan programs.
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income-consumption curve (DO)<br />A graphical representation of the relationship between changing amounts of consumption of alternative goods as real income changes, using INDIFFERENCE CURVES and BUDGET LINEs. The parallel budget lines show real income increases as one moves away from the origin. The income-consumption curve joins together the points of tangency between indifference curves l1, lz, 13 and 14 and budget lines representing different income levels. The curve can be used to demonstrate which of two goods is the INFERIOR GOOD.<br /> <br /><em>See also:</em> Engel's law; price-consumption curve
<strong>Forgiveness</strong> – The release of a borrower or any comaker from all or a portion of his or her loan obligation due to qualifying child care service or qualifying teaching service.
job destruction (J6)<br />Reduction in the labour force of a firm, industry, region or country. Declining markets and technical change are the principal determinants of these job losses.
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