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...from tuition 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 »

...House. The Senate stripped the President's signature middle-class tax cuts, known as "Making Work to Pay," of $400 for individuals and $800 for families. The Senate plan, crafted by Budget Committee chairman Kent Conrad of North Dakota, also notably does not include any targeted funding to bankroll health-care reform, as Obama's does with $634 billion over 10 years. "When you lose $2.3 trillion, you have to cut things," said Conrad, whose plan includes $160 billion less in discretionary spending over five years than the President's, with a target deficit of $508 billion...

Author: /time Magazine | Title: Obama's Budget Fight Starts with His Own Party | 3/26/2009 | See Source »

...case, which marks the first time that a former president has been charged with corruption in Taiwan, has been the target of intense media focus in Taiwan for the past several months. The trial has weighed heavily on his wife, son and daughter-in-law, who have all pleaded guilty to money laundering. His wife's trial began last week. Three of an additional 11 suspects in the case have also made confessions in connection with the bribery and embezzlement charges brought against Chen. But Chen himself continues to insist that any funds the family received were political donations...

Author: /time Magazine | Title: Taiwan: Ex-President's Corruption Trial Begins | 3/26/2009 | See Source »

...contemporaries, Manuel made an easy transition from revolutionary to democrat. Released in 1989, he helped the ANC negotiate a peaceful end to apartheid. As minister he inaugurated a program of white-to-black wealth redistribution, only to temper it when the parlous state of public finances demanded he target growth and cut debt...

Author: /time Magazine | Title: Trevor Manuel: The Veteran | 3/25/2009 | See Source »

...even if accepted by the electorate, the law may prove difficult to implement, says Daniel Kettiger, a legal expert on public administration and management who has been following the Appenzell debate. The proposed legislation, he points out, would prohibit "misbehavior in public places" but would not specifically target nudity, "so its interpretation will be open-ended, because a nude hiker is not necessarily unruly...

Author: /time Magazine | Title: Another Reason to Visit Switzerland: Hiking in the Nude | 3/24/2009 | See Source »

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