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...school aren't exactly easy to defray. According to the American Bar Association, the average law-school student who graduates this year will do so with a little more than $73,000 in debt. Larry Kramer, dean of Stanford Law School in Palo Alto, Calif., acknowledges there's a problem. "Something about the way the system works has to give," he says. "If you're going to defer someone for a year, there really needs to be a certain degree of loan forgiveness to ease the burden [on associates]." (See pictures of the evolution of the college dorm...

Author: /time Magazine | Title: Law-School Grads See Promised Jobs Put On Hold | 3/26/2009 | See Source »

...More important, the answer is yes for precisely the same reasons that the big broadcast networks are fading. (There's also more bad TV on the air because there's more of everything. Unless it bothers you that other people are watching bad TV, this is also not your problem...

Author: /time Magazine | Title: Here's to the Death of Broadcast | 3/26/2009 | See Source »

...lead to a standoff, given that many banks are like underwater homeowners - hoping to hold on until prices rebound. "The challenge is going to be to get the prices high enough for banks to sell," FDIC Chairman Sheila Bair told reporters the day the plan was unveiled. "The problem is going to be low pricing, not high pricing...

Author: /time Magazine | Title: Separating Toxic Assets from Legacy Assets | 3/26/2009 | See Source »

...time of his death, Cheever's lasting fame seemed the safest of safe bets. But 27 years later, his star has dimmed. Bailey says part of the problem is that Cheever's work hasn't been embraced by academics, the gatekeepers of the canon. It might help that the Library of America, which has its own role in picking the immortals, has just admitted Cheever into its canon. In its new two-volume collection of his work, edited by Bailey, you hear Cheever's sly, lambent voice everywhere. Is it true the professors won't make room for him? Open...

Author: /time Magazine | Title: Darkness Visible | 3/26/2009 | See Source »

...bleeding, and concussions, which typically don't--but which can lead to swelling and potentially permanent brain damage. As a general rule, doctors say that any head injury should be treated within the so-called golden hour after it occurs. In some cases, hospitalization and drugs may resolve the problem. That was what happened with my daughter, who was released after three days. Even then, we realized how close we had come. Now we know better than ever...

Author: /time Magazine | Title: Dealing with Brain Injuries | 3/26/2009 | See Source »

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