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...revenue, a student shortfall could cause a painful budget crunch, forcing schools to cut programs, slash faculty salaries and potentially raise tuition for students already enrolled. With admissions letters in the mail, many colleges are as nervous as the high school seniors waiting for word. Nailing the target class size is always "like landing a 747 in your backyard," says Skidmore president Philip Glotzbach. This year many colleges are prepping for the bumpiest landing...

Author: /time Magazine | Title: Colleges Face a Financial-Aid Crunch | 3/26/2009 | See Source »

...every two years, the Senate must break from trillion-dollar bailouts and Iraq-war allocations so that everyone who wants to can switch offices. Each office is allotted by seniority, which is calculated according to a formula that involves number of years in the Senate, previous federal jobs, the size of your state and eight other factors. Obviously, Robert Byrd has the best office, since he's served the longest. Still, when it's time to move, Byrd gets a day to check out any new office he might want. Then, over the next three months, draft rights trickle down...

Author: /time Magazine | Title: Moving On Up: The Senate Shifts Offices | 3/26/2009 | See Source »

...legalized betting. It's as if we decided that Mardi Gras and Christmas are so much fun, we ought to make them a year-round way of life. And we started living large literally as well as figuratively. From the beginning to the end of the long boom, the size of the average new house increased by about half. Meanwhile, the average American gained about a pound a year, so that an adult of a given age is now at least 20 lb. heavier than someone the same age back then. In the late '70s, 15% of Americans were obese...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

...ones about to be fed, there is not a perceptible difference between them. The counter-argument is that ducks are prey animals and are conditioned not to show you if they're suffering. And if you've got a liver that's 10 times its normal size, a duck is going to be uncomfortable. But a duck being uncomfortable in the last days before it's slaughtered, is that torture? I think of torture as a willful sadistic administration of pain and by that measure, I don't think it is. Torture is one of those loaded words that...

Author: /time Magazine | Title: Mark Caro, author of The Foie Gras Wars | 3/26/2009 | See Source »

...Timothy Geithner has based his approach on one underlying theory. The crisis, the former New York Fed president and now Treasury Secretary believes, is the result of the collapse of a shadow banking system that grew over the past 30 years to rival the traditional banking system in size but lacked all four of the safeguards that had been imposed after repeated collapses of the traditional system in the early part of the 20th century...

Author: /time Magazine | Title: Geithner Makes His Pitch for More Regulation | 3/26/2009 | See Source »

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