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Distressed sellers are the biggest problem. According to the National Association of Realtors, nearly 40% of all houses on the market today are owned by sellers who are either behind on their mortgage or owe more than their house is worth. Banks have to approve deals in which the sale price is below the mortgage owed, often called short sales, and bankers are not typically eager to go for such sales because they result in losses for the lender. Realtors, even the ones who know how to work their contacts at banks, say it takes at least two months...

Author: /time Magazine | Title: Bargain Hunters Find Foreclosures a Tough Buy | 10/29/2008 | See Source »

...public education” to any student with a disability. Case law has dictated that, if an administrator or school decides that the public school is incapable of doing so, then the student may enroll in a more suitable private school at the expense of the government. The current problem is that this option is entirely under-funded; the federal government was originally set to pay 40 percent of the cost but currently only pays 17 percent. The onus then falls on individual schools and states to meet rising costs of education in a time when exponentially more students...

Author: By The Crimson Staff | Title: Crucial Needs | 10/29/2008 | See Source »

...HARVARD” written across my chest? Props for discretion though. And what I really don’t need is “HARVARD” emblazoned in gold on my tote bag, down my leg, and on...um...other places. Again though, props for discretion. My biggest problem with Victoria’s Secret Pink Collegiate Collection, though, is the exploitation of the Harvard name. True, zealous visitors and overachieving seventh graders can buy a Harvard sweatshirt at the Coop and in T stations all over Boston, but there is something degrading about Harvard selling its name...

Author: By Julia S Chen, CONTRIBUTING WRITER | Title: Hate it: Victoria's Secret Thongs | 10/29/2008 | See Source »

...these are two of the greatest issues confronting the world,” said Daniel P. Schrag, professor of earth and planetary sciences and the program’s mastermind. “Harvard has a responsibility to train future leaders that are going to help solve this problem.” The consortium—the first of an array to come under the new Harvard Interdisciplinary Consortia—is open to Ph.D. or Sc.D. Harvard students who have completed at least one year in their home departments or schools. The program is not designed...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Interdisciplinary Consortium To Study Energy and Environment | 10/29/2008 | See Source »

...African Union troops. It is not as if the world has no interest in what happens in Somalia; anarchy has fostered not only a starvation catastrophe and international piracy, but also Africa's most dangerous Islamists, who have bombed U.S. embassies in Kenya and Tanzania. And that's the problem: the dangers of Somalia override any noble notion about saving others. Evans says the "main point" of his book is to "clear away the debris and skepticism about the scope and limits of R2P." Here's hoping his writing is exceptional...

Author: /time Magazine | Title: Why Congo's Peacekeepers Are Coming Under Fire | 10/28/2008 | See Source »

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