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...public universities like Michigan have been confident about their ability to attract enough wealthy out-of-state students to help fill their coffers. But it will become difficult to continue competing with private institutions if they cannot simultaneously expand their research capacity and recruit top-flight faculty. And the struggling economy is forcing even wealthy families to look for the best value for their tuition dollars. For just $5,000 more in tuition, an out-of-state student could forgo Michigan for New York University, the nation's largest private school with nearly double the number of faculty. In recent...

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

...After the major shortcomings of Kyoto, it would be extremely discouraging for nothing to materialize in Copenhagen. Nothing is more likely to bring such a result than the perception that the United States still cannot muster the political will to begin to seriously address climate change. Republicans and coal-state Democrats appear determined, not unjustifiably, to block domestic legislation until after Copenhagen out of fear that American business will be disadvantaged vis-a-vis foreign competitors. Hopefully, the threat of EPA regulation, and the political pressure for serious legislation that it engenders, will weigh seriously in the international balance leading...

Author: By Clay A. Dumas | Title: Of Cows and Carbon | 4/23/2009 | See Source »

...York $1.5 million in fines after it determined Vargas had lied about his knowledge of fraud that executives had committed at a bank he was in the process of acquiring. (As part of his settlement with the Reserve Bank, he didn't have to admit guilt.) Today, Vargas cannot invest in U.S. banks without government permission. Still, the incident doesn't seem to have put much of a dent in his personal worth (which he declines to divulge...

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

Jack Dorsey, the founder and chairman of Twitter, sees no reason why Iraqis cannot join the growing chorus of global "tweets" appearing on computers and cell phones worldwide every day. "We've always been focused on making sure that the lowest common denominator, the weakest technology, still has a voice," said Dorsey, who was in Baghdad this week with a delegation of high-tech executives at the invitation of the State Department. Cellphone-carrying Iraqis, Dorsey said, could utilize Twitter applications on their current mobiles for a range of things, even without broadband Internet connections, which are still in short...

Author: /time Magazine | Title: Is Iraq Ready for Twitter? New Media in a War Zone | 4/23/2009 | See Source »

...fall of Buner is raising international alarm. Speaking before the House Foreign Affairs Committee in Washington Wednesday, Secretary of State Hillary Clinton characterized the situation was a danger to Pakistan, the U.S. and the world. "We cannot underscore the seriousness of the existential threat posed to the state of Pakistan by continuing advances, now within hours of Islamabad, that are being made by a loosely confederated group of terrorists and others who are seeking the overthrow of the Pakistani state," Clinton said. She also accused Pakistan's leaders of "basically abdicating to the Taliban and the extremists" by signing...

Author: /time Magazine | Title: Taliban Advance: Is Pakistan Nearing Collapse? | 4/23/2009 | See Source »

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