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(The Prometheus project is named after the Greek god of forethought, but it's also a lengthy acronym for "Provider payment reform for outcomes, margins, evidence transparency, hassle reduction, excellence, understandability and sustainability.")

Author: /time Magazine | Title: Cutting Health-Care Costs by Putting Doctors on a Budget | 7/6/2009 | See Source »

If that happens, health-care providers may have to put their money where their mouth is. They talk endlessly about delivering health care more efficiently and providing better preventive care - two essential factors for the reduction of overall health-care costs - but providers have been discussing the same factors as...

Author: /time Magazine | Title: Cutting Health-Care Costs by Putting Doctors on a Budget | 7/6/2009 | See Source »

The cuts amount to a 2.5 percent reduction in the School's staff workforce, according to FAS spokesman Steve Bradt, who also said that no faculty were affected by the downsizing. He declined to state where the layoffs occurred, saying only that they were spread throughout FAS. But Harvard College...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: FAS Lays Off 77 Staffers | 7/3/2009 | See Source »

One big upside is likely to be a reduction in the number of people who default on their student loans, a financial disaster that can destroy credit ratings and hike up interest rates on future loans. "In this economic recession, a lot of students are having a difficult time just...

Author: /time Magazine | Title: New College-Loan Plan: Pay Back By What You Earn | 7/2/2009 | See Source »

Under the IBR program, if students are still paying back college loans after 25 years, they will be eligible to have all debt erased (though, if the law stands as is, much of that remaining balance will be taxed as income). And if students go into a public-service career...

Author: /time Magazine | Title: New College-Loan Plan: Pay Back By What You Earn | 7/2/2009 | See Source »

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