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...layoff or a salary cut - have the best chance. But those who can't need not despair. Some applicants have successfully argued that aid officers overlooked a key piece of their financial picture the first time around, such as the cost of elder care, childcare, medical bills, rent or private secondary-school tuition. Officers also report that they have leeway to adjust aid packages if parents make the case that they are nearing retirement age and need to preserve more of their savings instead of exhausting them on college tuition. This year, says Seth Allen, Grinnell's dean of admission...

Author: /time Magazine | Title: In Trying Times, Colleges Willing to Boost Financial-Aid | 4/24/2009 | See Source »

Newbies in the know, however, can rent equipment from REI, EMS, locally owned camping stores or Lowergear.com which ships via UPS. As for comfort, outdoor stores are catering to first timers by stocking items like queen-size inflatable beds with a pump that plugs into a car's DC outlet. Modern family camping "isn't a canvas tent, mosquito bites, a cot and rain dripping on your head," says Ted Manning, EMS's general merchandise manager. Stores today have everything from self-inflatable pillows ($17-$40) to collapsible marshmallow-roasting sticks...

Author: /time Magazine | Title: Camping for the Hotel Set | 4/23/2009 | See Source »

Malls are only the tip of the commercial real estate iceberg. Large office buildings in the nation's biggest cities are experiencing growing vacancy rates and a raft of tenants who are behind on their rent payments, or worse, have defaulted. Replacing the tenants is difficult without dropping rents significantly which further compromises the ability of these office building owners to make their own mortgage payments. In is not unlike the problem mall owners face as retail outlets close due to lack of sales...

Author: /time Magazine | Title: General Growth and Another Burden for Bank Stocks | 4/16/2009 | See Source »

...thought, Why not host people in our own apartment?" Gebbia said. "It was a way to make a few extra bucks to offset our already expensive rent." The guys had an extra bed, a sofa and an air mattress and decided to offer, via the conference's website, ad hoc bed-and-breakfast accommodations. Thus was born AirBnB.com They made $1,000 that week and were shocked to find that their customers weren't teenage slackers but were instead older folks, including a 45-year-old father of three. Said Gebbia: "It completely blew away our assumptions...

Author: /time Magazine | Title: The New Internet Start-Up Boom: Get Rich Slow | 4/9/2009 | See Source »

Since they had no money, they quickly enlisted as their partner a former roommate, Nathan Blecharczyk, who had some technical skills. He built the website - which was initially aimed at cities with big conference calendars - and made it easy for hosts to offer low-rent lodging to visitors. AirBnB.com handled the financial transaction between guests and hosts and took 10% from the guests and 3% from the hosts...

Author: /time Magazine | Title: The New Internet Start-Up Boom: Get Rich Slow | 4/9/2009 | See Source »

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