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...situation is dire. Last month brought news that more than three-quarters of the 900 eighth-graders who took a national math exam scored at "below basic" levels. In October 2008, some 57% of Detroit third- through eighth-graders essentially failed a state writing test. Detroit's graduation rate is 58%. "The system is academically bankrupt. This is almost academic homicide," Bobb says. (See pictures of a public boarding school...

Author: /time Magazine | Title: Can Robert Bobb Fix Detroit's Public Schools? | 1/25/2010 | See Source »

...made as a TV movie, is gaining momentum at just the right time. Fading fast is another, much more expensive musical. Nine, which was eligible for five Globes and won none, is the season's biggest box-office disappointment: just $18.1 million on an $80 million budget. At this rate, Rob Marshall's star-clogged downer won't even earn as much as a modest CGI sci-fi feature released early this fall: 9 will outgross Nine. The Weinstein Co. will suffer a plague of red ink, while Cameron is declared king of the universe...

Author: /time Magazine | Title: Another Avatar Weekend: Legion Takes Its Lumps | 1/24/2010 | See Source »

According to a recent poll, the former presidential candidate is now historically disfavored. After taking the opinions of 678 North Carolina voters, Public Policy Polling announced on Jan. 19 that with a 15% approval rate, Edwards was the most unpopular person it had ever polled - and this is from the state that gave us Jesse Helms. Another poll named him the most disappointing person of 2009. Yes, Edwards has come a long way from those blissful days when all most people hated him for was his $400 haircuts. (See the top 10 scandals...

Author: /time Magazine | Title: Can John Edwards' Dreadful Image Be Rehabilitated? | 1/23/2010 | See Source »

...from 154 in 2004, according to Larry Petrone, director of research at Financial Research Corp. Over that time, ETF assets under management have more than tripled, to $742 billion. That's still far short of the $7.14 trillion in assets held by mutual funds, but the ETF growth rate is fast closing that gap, with new products covering every subsector of the markets, from bank stocks to silver to Vietnam's public companies. (See pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: Exchange-Traded Funds: The Hidden Risks | 1/22/2010 | See Source »

Like in the Harvard admissions process, applications aren't admitted on a rolling basis. For those of you who were intimidated by a 7 percent Harvard acceptance rate last year, think carefully about your odds of winning this contest. Yeah, that's right, we're saying that the competition for Sean Pohorence is fierce and only one can win. Before you waste your time on an application (the deadline is today), check out our submission to make sure you know what you're up against...

Author: By Kathryn C. Reed, CRIMSON STAFF WRITER | Title: What Women Want? He Thinks So. | 1/22/2010 | See Source »

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