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...devaluation of a college degree is no secret on campus. An annual survey by the Higher Education Research Institute has long asked freshmen what they think their highest academic degree will be. In 1972, 38% of respondents said a bachelor's degree, but in 2008 only 22% answered the same. The number of freshmen planning to get a master's degree rose from 31% in 1972 to 42% in 2008. Says John Pryor, the institute's director: "Years ago, the bachelor's degree was the key to getting better jobs. Now you really need more than that." (See TIME...

Author: /time Magazine | Title: The Job Market: Is a College Degree Worth Less? | 12/8/2009 | See Source »

...Iranian cold war has shown some signs of a thaw, Tehran's continued defiance of world opinion on its nuclear program notwithstanding. Obama has begun the highest-level diplomatic engagement with Tehran in 30 years and refrained from calling for the overthrow of the regime, even amid mass Iranian protests last summer aimed at accomplishing exactly that. Media coverage of the diplomatic dance between Washington and Tehran focuses on Iran's nuclear program, but by pursuing a fundamentally different relationship with the Islamic Republic, the Obama Administration is also quietly conceding that Iran's militancy is different from the terrorism...

Author: /time Magazine | Title: Obama Shrinks the War on Terrorism | 12/7/2009 | See Source »

...foresaw macroeconomic disaster three years ago when Morales, fulfilling a campaign promise, nationalized Bolivia's vast natural-gas reserves. Among the doubters was the International Monetary Fund (IMF) in Washington. Today the IMF is hailing Bolivia's projected economic growth rate of almost 3%, one of the hemisphere's highest, as well as the fact that the country's economy has averaged almost 5% annual growth since Morales came to office, Bolivia's best performance in three decades. "Bolivia is the most profound example that the conventional wisdom of economic growth - that you need to attract foreign capital...

Author: /time Magazine | Title: Morales' Big Win: Voters Ratify His Remaking of Bolivia | 12/7/2009 | See Source »

...main lesson from the test: it's unlikely I'll ever again get to feed chocolate to a succession of blindfolded women. On the other hand, chocolate is sometimes best enjoyed without sharing. After all, the confectioner with the highest score was none other than Cadbury. Let that be a lesson to whichever firm does nab one of Britain's great icons: don't mess with a favorite...

Author: /time Magazine | Title: Who Should Buy Cadbury? The TIME Taste Test | 12/6/2009 | See Source »

...Stone ’11, assistant director of “Stairs to the Roof.” “These are all teachers that you would find at the A.R.T. Institute and even more people that they are bringing in from outside. It’s the highest level of acting training that you could possibly find at Harvard...

Author: By Jenya O. Godina, CONTRIBUTING WRITER | Title: A.R.T. Offers J-Term Theater Training | 12/4/2009 | See Source »

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