With money coming in more slowly than the financial aid given out, schools say they are nearing the breaking point, and even the most selective elite universities are rethinking their generosity.
"It just became clear that if we continue to give more and more aid, the numbers don't add up," says Raynard Kington, head of Grinnell College. Thanks to longtime former board member Warren Buffett, Grinnell has an endowment bigger than most schools dream of. For years, that's enabled Grinnell to admit students on a need-blind basis — and then give them as much aid as they need.
There's really been nothing like Trapped in the Closet ever before.
R&B star R. Kelly has been making (and remaking) a series of short music videos that tell a flamboyant narrative in less-than-five-minute installments. The first batch of several dozen appeared online in 2005. Now, there's a total of 40 "chapters" that aired last Friday on IFC, with the latest ones being released online one at a time for the next week.
On Wednesday, President Obama will meet with middle-class Americans who will be affected by a tax increase if the country goes over the fiscal cliff. The White House put out a call for their stories last week.
That dialogue with the American people is part of a broader White House effort to keep campaign supporters engaged during Obama's second term. It's a big change from the first term — and it's not an easy undertaking.
Have you ever wondered whether music conductors actually influence their orchestras?
They seem important. After all, they're standing in the middle of the stage and waving their hands. But the musicians all have scores before them that tell them what to play. If you took the conductor away, could the orchestra manage on its own?
After a series of controversial decrees by Egypt's President Mohammed Morsi, the country's judges are conflicted over what to do.
The president and Egypt's highest judicial authority met Monday to try to resolve the crisis, but the decrees, which essentially nullify judicial oversight, remained in place. And the judges are going ahead with plans for a strike.
Yussef Auf has been a judge for 10 years and says he has never witnessed such an affront to his profession.