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...financial-aid administrators of their power to adjust federal aid awards using "professional judgment" and documentation, and encouraging them in this economy to consider students with special circumstances. "The ones who have been appealing right now have been in dire straits," says Bobbi Carpenter, director of financial aid at Virginia's Sweet Briar College. "They don't want to make the $500 deposit knowing they're not going to be able to afford us." (See pictures of the college dorm's evolution...

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

...school provided "an uncommon education for the common man." But many are starting to wonder if that mission is still possible. And Michigan is not the only public university in crisis. As states across the country face budget shortfalls, leading schools like the universities of Wisconsin, North Carolina and Virginia increasingly depend on support from outside their home states, either in the form of philanthropy or in top tuition rates paid by a growing number of wealthy out-of-state students. The result has already been a quasi-privatization of some of the nation's top research institutions...

Author: /time Magazine | Title: Cash-Strapped State Schools Being Forced to Privatize | 4/23/2009 | See Source »

...years that it is a misnomer to call schools like the University of Michigan "state universities." The state's annual contribution to the school's operating budget is now less than 6%, about half the share that California puts into its state schools and roughly the same level as Virginia. "The state is our smallest minority shareholder," says Duderstadt. (See TIME's special report on paying for college...

Author: /time Magazine | Title: Cash-Strapped State Schools Being Forced to Privatize | 4/23/2009 | See Source »

Watch an audio slideshow about the Virginia Tech shooting...

Author: /time Magazine | Title: Is Copycat Behavior Driving Murder-Suicides? | 4/23/2009 | See Source »

...horses' deaths, and was reportedly holding one in his arms and sobbing when it died on Sunday. But this is hardly the worst loss he's suffered. Some years ago, Vargas' 18-year old son Victor, himself an accomplished polo player, died of a bacterial infection. With reporting by Virginia López/Caracas and Thomas R. Collins/West Palm Beach...

Author: /time Magazine | Title: The Dead Polo Ponies and Their Millionaire Owner | 4/23/2009 | See Source »

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