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Adding to the sector's woes - the Federal Reserve has indicated it plans to end a program that's helped keep mortgage rates at attractive levels for home buyers. The Fed program, which involved purchasing up to $1.25 trillion in mortgage-backed securities backed by Fannie and Freddie, will expire...

Author: /time Magazine | Title: Still Hunting for a Bottom in Housing | 1/7/2010 | See Source »

Three years ago, as you write, a Federal Government report noted that there is a "remarkable absence of accountability mechanisms to ensure that colleges succeed in educating students." What accountability mechanisms should there be? I think we should start with the easy things. You should be accountable for graduating a...

Author: /time Magazine | Title: Holding Colleges Accountable: Is Success Measurable? | 1/7/2010 | See Source »

And who is going to hold these schools accountable? State governments have to do it. A tricky thing about higher-ed policy formation is that for a long time, the Federal Government did nothing. States are the ones that actually pay for the operating costs of universities, and states are...

Author: /time Magazine | Title: Holding Colleges Accountable: Is Success Measurable? | 1/7/2010 | See Source »

But partisanship hasn't stopped with the issue of security. The decision on Wednesday by a federal grand jury in Michigan to return a six-count indictment against Abdulmutallab might ordinarily have been a routine step in a criminal prosecution. But it has only stoked the debate over whether Abdulmutallab...

Author: /time Magazine | Title: How Should America Try Terror Suspects? | 1/7/2010 | See Source »

In her book, Roberts reformulated menus to correct for the problem, but there's a big, fattening world out there that isn't taking such remedial steps. Federal regulations are strict about the accuracy of the net weight of a package of prepared food, which must be at least 99...

Author: /time Magazine | Title: Dieters Beware: Calorie Counts Are Frequently Off | 1/6/2010 | See Source »

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