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...current problems have been years in the making. Over the past decade, U.S. households have been loading up on debt, with credit-card balances rising 75% since 1999. Yet families' real wages have increased only slightly - by just 4% during that same time period, according to Innovest. The savings rate has similarly declined relative to credit-card balances. Meanwhile, home equity, the biggest source of wealth for most families, has been drained by the mortgage crisis. "There isn't a cushion for anyone who has a bump in the road," says Levitin. "Credit cards are often the first place where...
...movie slash-a-thon, either. It all comes back to integrity: The films don’t need all of that money, and their creators know it. True, the budgets have gone up since the original, but so has inflation, and they haven’t risen at the rate of, say, the “Hostel” franchise, which more than doubled its budget from one to two, even though the sequel brought in less than half the cash of the original...
...known in the 1970s. Kahn has devoted his career to studying the various aspects of Type 2, which represents roughly 90 percent of worldwide diabetes cases. The condition is acquired due to interaction between genes and environmental factors like obesity, and it is spreading rapidly—the annual rate of new cases in the U.S. is 9.8 per 1,000 people...
Enter the NSSE (pronounced "Nessie"), which tries to provide a detailed picture of how well a school is judged by its customers, i.e., the students who attend them. At each participating campus, the survey asks freshmen and seniors to rate their school, using a seven-point scale, on wide-ranging topics that hit upon almost every element of a student's experience, from how often he interacts with faculty outside of class to how challenging he thinks his coursework is to how much non-academic support is available. The numeric scores can then be compared to other schools - that...
...survey respondents, transfers tend to receive some of the lowest amount of support on campus. They speak less frequently with faculty members about future plans, work less often with classmates on assignments and half the number of transfers participate in co-curricular activities at about half the rate as non-transfer students. "Schools simply must work harder to pull transfer students in because they're not getting a full experience right now," McCormick says. "And that effort should start at day one with new-student orientations." Only time - and future NSSE results - will tell if colleges start to make improvements...