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...many law scholars are not surprised by Americans' mad rush to bankruptcy court. Adjusted for inflation, personal borrowing in the U.S. is 10 times greater than in 1960, according to the Federal Reserve. "Now, consumer credit has dried up," says law professor Robert Lawless, an expert on bankruptcy among sole proprietors and small entrepreneurs at the University of Illinois. "That is why people are ending up in bankruptcy court...
Sakti3 is another company trying to create a breakthrough. The company was launched a few years ago at the University of Michigan by an ambitious young engineering professor, Ann Marie Sastry. Sakti3 is developing solid-state (as opposed to liquid) lithium-ion batteries that Sastry believes will enable cars to travel twice as far as batteries do now, allowing the cars to be used the way internal-combustion-engine-driven vehicles are. Her firm is developing prototypes to deliver to automakers later this year. Sastry's 20-employee firm, based in Ann Arbor, has generated millions of dollars in government...
...recently announced oral exam will require students to choose one text from a list of supplementary readings to discuss aloud with a member of the teaching staff. According to English Professor Matthew B. Kaiser, who teaches the course, the oral format of the test is meant to exercise some “neglected intellectual muscles;” namely, students’ ability to engage in scholarly dialogue...
...about $540 per year. The government subsidizes the remaining cost per student, which can be as high as $16,160 per year. An increase in the number of students can also mask the growing unemployment problem in France, according to François Ameli, a professor of international law at Université Paris 1 Panthéon-Sorbonne. "The philosophy of France [on higher education] is a mass sort of thing. We have over 2.2 million students, which is a lot for a country of 60 million," Ameli says. "Universities are also a reservoir before unemployment, so [the government...
...classic rat study by Bruce Alexander, emeritus professor of psychology at Simon Fraser University, researchers measured the impact of the social and physical environment on the risk of morphine addiction. They found that rats kept in small, isolated cages readily chose to self-administer high, frequent doses of morphine. But rats that lived in "Rat Park" - an earthly rat paradise with plenty of friends and potential mates, nesting materials, toys and room to run and play - voluntarily took significantly less morphine, preferring activity with friends and family to getting high. Under some conditions, Rat Park rats took 20 times less...