Give students a break
THIS year, tuition at the 109 California community colleges dropped by $6 a unit, a rare event indeed. Meanwhile, tuition at four-year universities - both private and public - have skyrocketed by about 5 percent to 10 percent a year for the last decade, well outpacing inflation.
Source: www.whittierdailynews.com
Subprime Mortgage Bond Risks Surge, Index Suggests (Update1)
Feb. 8 (Bloomberg) -- The perceived risk of owning low-rated subprime mortgage bonds surged today after the two largest U.S. lenders reported growing problems stemming from the loans, an index of credit-default swaps suggests.
Source: www.bloomberg.com

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