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...Education, the task of ending the financial crisis that has devastated the Detroit public-school system. In the past decade, the number of Detroit public-school students has plummeted from more than 167,000 to 84,600, mainly because of the emergence of charter schools and the middle class's exodus to the suburbs. It could fall further, to 65,000 in the next four years. Those trends, if they persist, will further erode revenues of a school system saddled with a $219 million budget deficit. So Bobb is trying to squeeze out the waste in the meantime...

Author: /time Magazine | Title: Can Robert Bobb Fix Detroit's Public Schools? | 1/25/2010 | See Source »

...promising example of new thinking is found on Chicago's South Side. At the Ariel Community Academy, financial education starts in kindergarten with books like A Chair for My Mother (the moral: if you want to buy something, save money first) and quickly becomes hands-on. Each entering class at Ariel - a K-8 public school that has partnered with a local money-management firm since the mid-1990s - is entrusted with a $20,000 investment portfolio, and by seventh grade, kids are deciding what to buy and sell (profits help pay for college). Last year, for the first time...

Author: /time Magazine | Title: How to Teach Kids About Money | 1/25/2010 | See Source »

...fundamental questions Paul Ingrassia, a Pulitzer Prize--winning former Detroit bureau chief for the Wall Street Journal, explores in his treatise on U.S. carmakers' rise, fall and hoped-for resurrection. It was quite a fall. Throughout much of the 20th century, companies like Ford helped build the American middle class. For part of the 1990s, Detroit trounced its Japanese rivals in the SUV business. But then U.S. automakers, essentially, got lazy. Their war with the auto unions didn't help. Nor did the rise of the likes of Toyota. By the autumn of 2008, the Big Three CEOs had rushed...

Author: /time Magazine | Title: The Skimmer | 1/25/2010 | See Source »

...This is a terrific appointment and we at the Law School are proud of her,” said HLS Dean Martha Minow, who taught Koh in a civic procedure class during Koh’s time at the Law School...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Alum Picked For Federal Court | 1/25/2010 | See Source »

...also be gathering gossip from far and wide—so if Bat Boy decides to strike in Ec 10 again or a final club decides to make its debut in a Lit B Core class, we'll be sure to let you know...

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: This Week, We'll Be Shopping With You | 1/23/2010 | See Source »

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