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...credit cards and took out a second mortgage to the tune of $57,000 in order to stay afloat. In 2009, out of options and under threat of losing his home of 10 years, Flores filed for Chapter 13 bankruptcy - a reorganization filing under which consumers agree to a plan to make payments of past-due debts to creditors for a three- to five-year period. But now he is behind on his payments again, and Wells Fargo Bank wants to restart foreclosure proceedings. (See the best business deals...

Author: /time Magazine | Title: Personal Bankruptcies Hit a High and May Keep Rising | 4/5/2010 | See Source »

...very human life of his protagonist. Beard is a Nobel Prize - winning mess, an obese man who can't stop eating, a serial adulterer who takes up with a lusty New Mexico waitress named Darlene while keeping a family back in London. Even his clean-tech business plan is touched by corruption at its heart. The question in Solar is whether Beard's scientific brilliance will win out before his pathological self-destructiveness catches up. So it is with the species. (See pictures of the world's most polluted places...

Author: /time Magazine | Title: Ian McEwan Writes The Book on Climate Change | 4/5/2010 | See Source »

...billion over 10 years - will be used to shore up and increase the need-based Pell Grant program by $36 billion and invest in community colleges. While the Administration has reason enough to crow about the proposed measures, it has had to scale back some of its bigger plans. An earlier version of the bill would have invested an additional $20 billion and offered even more substantial financial-aid increases. As it stands, $13.5 billion will be used to stem Pell Grant shortfalls resulting from the increased number of students forced back to college by the ailing economy...

Author: /time Magazine | Title: Student Loans Get a Government Takeover | 4/5/2010 | See Source »

...coming weeks, Harvard must work on putting on the pressure earlier in the game, working within the system it has set up, and executing the plan on defense and offense...

Author: By Jessica L. Flakne, CRIMSON STAFF WRITER | Title: SIDEBAR: Slow Starts Hold Back Crimson This Year | 4/5/2010 | See Source »

...most dramatic cuts have come in Eastern Europe, particularly in Latvia, where the government has cut public funding for higher education in half since 2008. Poland, Hungary and Estonia have all cut or plan to make cuts of between 4% and 7%. But it's not just the east - wealthier European nations are also feeling the bite. This month, Britain announced cuts as high as 14% to some university budgets, while both Italian and Spanish schools face reductions of about 10%. The situation is so bad in Spain that schools extended holiday breaks last year to save money on heating...

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

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