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Bob Shorb, Skidmore College's fast-talking director of student aid and family finance, did more reading than usual this year. And not just because the 4,000 financial-aid applications that landed on his desk made up a record 62% of the applicant pool. Shorb, who has worked in...

Author: /time Magazine | Title: Colleges Face a Financial-Aid Crunch | 3/26/2009 | See Source »

In fact, Baucus' record of working with colleagues across the aisle might be exactly what his party needs in order to avoid a contentious fight that bogs down or dooms health-care reform. His legislative style is a throwback to the days when it was not so unusual for the...

Author: /time Magazine | Title: Max Baucus Is Mr. Health Care | 3/26/2009 | See Source »

Among Democrats, Max Baucus is known mostly for his apostasies. So crucial was the Montana Senator to passing George W. Bush's tax cuts in 2001 that he was rewarded with a prime spot at the signing ceremony in the White House East Room. Two years later, it was Baucus...

Author: /time Magazine | Title: Max Baucus Is Mr. Health Care | 3/26/2009 | See Source »

All eyes are now on Baucus, whose Finance Committee has always been integral to figuring out how to pay for health-care reform. But it wasn't initially clear that he was the ideal point man for the overall effort. "People had been concerned that [Baucus] was not as knowledgeable...

Author: /time Magazine | Title: Max Baucus Is Mr. Health Care | 3/26/2009 | See Source »

The main culprits are not hard to divine. As households in the rich world, battered by a collapse in the values of their assets, start saving again, their appetite for new cars and consumer electronics has diminished. And as banks try to rebuild their shattered balance sheets, capital that would...

Author: /time Magazine | Title: Global Trade: The Road to Ruin | 3/26/2009 | See Source »

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