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This year Harvard had a 6.9 percent acceptance rate. Book of Odds, a Web site which describes itself as “a reference on the odds of everyday life,” has converted that number into betting style odds...

Author: By E. Benjamin Samuels, CONTRIBUTING WRITER | Title: Playing the Odds | 4/4/2010 | See Source »

...many of the schools in the Ivy League, the number of applications reached all-time highs this year—and the acceptance rates again reached all-time lows. Yale was the notable exception to this trend, with its admit rate stagnating...

Author: By E. Benjamin Samuels, CONTRIBUTING WRITER | Title: Playing the Odds | 4/4/2010 | See Source »

...nearly $2,000. On top of that, the government cut funding to universities by 5% last year, and Sullivan expects another 5% cut this year. "It's a time of famine," he says, adding that even though students don't show up in the country's grim unemployment rate (currently 13.1%), they have become the hidden victim of the recent financial crisis. "The last thing you eat is your seeds." (See pictures of the global financial crisis...

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

...Stockholm Environment Institute's center at Tufts University. "If, say, we value CO2 damages at $20 a ton, then $15 per ton is considered an acceptable cost to ameliorate it. If the SCC is $2, spending $15 seems out of line." The other key statistical variable is the "discount rate," which establishes how to account for future costs and benefits in today's currency. A high discount rate implies that what happens years from now should have less bearing on decisions made today. Inherent in this seemingly technical point is the question: what do we, citizens today, owe the people...

Author: /time Magazine | Title: Putting a Price Tag on the Melting Ice Caps | 4/3/2010 | See Source »

...conditions all over the world. By the time you're absolutely certain of the impacts and can observe them in everyday life, it's too late." This is why, he says, paying attention to the dynamics of climate harbingers - such as the Arctic, which is warming at twice the rate of the rest of the planet - is crucial...

Author: /time Magazine | Title: Putting a Price Tag on the Melting Ice Caps | 4/3/2010 | See Source »

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