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...have made massive cuts in public services and begun to charge for things that were once free. "There is definitely a cause for concern at this point," says Thomas Estermann, head of funding for the European University Association. "On the one hand, we see how important it is to invest in higher education and research to overcome the crisis, but governments that had to bail out their financial sectors have to make cuts somewhere. It's difficult to balance that...

Author: /time Magazine | Title: Europe's Education Crisis: College Costs Soar | 4/4/2010 | See Source »

...fled Somalia for Nairobi say that figure is much inflated. Ahmad, for example, says he might get a $10,000 share but his bosses would withhold as much as half of that to pay for his expenses. "The big fish are the guys who lead us, the ones who invest in the equipment, the boat, those things," he says. "Whether we die or not, they don't care."(Read "The Rise of Extremism in Somalia...

Author: /time Magazine | Title: Down and Out in Nairobi: Somali Pirates in Retirement | 4/1/2010 | See Source »

...common objection to the addition of personal retirement accounts to Social Security is that allowing Americans to invest and earn interest on part of their Social Security payments might have left many of the elderly bankrupt after the financial meltdown of 2008. However, despite the desire of some to strike fear into the hearts of retirees, a worker retiring today who had been allowed to begin investing his Social Security premiums when starting work 40 years ago would have accrued more money by now than is promised by Social Security...

Author: By Colin J. Motley and Caleb L. Weatherl | Title: Entitled | 3/30/2010 | See Source »

...measure was intended to prod consumers to conserve energy and invest in greener cars and insulation, and raise $4.7 billion to $6.1 billion in new annual revenues to finance state-funded ecological investments. But what voters and rightist parliamentarians saw in it was one of the most visible examples of Sarkozy doing the opposite of what he'd promised when running for the presidency - and in this case, creating new taxes rather than cutting and eliminating as pledged. "Up till now, Sarkozy has led by saying 'I believe and I have decided,' and he's now being forced to modify...

Author: /time Magazine | Title: Why Sarkozy Dropped His Beloved Carbon Tax | 3/25/2010 | See Source »

...shops to executives of the mightiest corporations, not going to college these days is becoming increasingly trendy in some circles. But because the place of the modern university education is so essential for the political, economic, and social development of most individuals, it would be optimal for one to invest in their education through such accessible plans as a 529 college savings plan...

Author: By Patrick Jean Baptiste | Title: Investing in the Future | 3/24/2010 | See Source »

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