With the nation's student-loan debt climbing toward $1 trillion, it's taking many young people longer than ever to pay off their loans. Two-thirds of college students now graduate with debt, owing an average of $24,000. But some borrow far more and find this debt influencing major life decisions long after graduation.
"I was very naive, and I realize that now," says Stephanie Iachini, of Altoona, Pa. She was the first in her family to go to college and financed it herself. "Basically I was just signing papers because the education part meant a lot to me."
The mannequins are fashionably dressed at Uniqlo's new Fifth Avenue flagship store in New York. Uniqlo's U.S. chief says he would eventually like to have 1,600 stores in the country, almost twice the number in Japan.
At the same time that Gap is closing 20 percent of its stores, a big Japanese clothing retailer called Uniqlo plans to open hundreds of shops in the U.S. Uniqlo is sort of like the Gap of Japan: The low-priced casual clothing retailer has been around since the 1980s, but sales are flattening out in its home market so the company is looking overseas for growth.
The U.S. is at the heart of its strategy, according to the head of Uniqlo's U.S. operation, Shin Odake.
President Obama said Moammar Gadhafi's death marks the end of a long and painful chapter for the Libyan people. The seven-month military campaign that toppled the Libyan leader also marks a high point for the kind of international cooperation that Obama has championed.
The White House was careful Thursday not to claim vindication for the president's policies, but the Libyan exercise does offer an example of what an "Obama Doctrine" might look like.
The Syrian government has barred most international journalists from the country, restricting coverage since an uprising began last spring. In response, Syrian activists have played a crucial role in providing information to the wider world.
One of the most prominent is Alexander Page — an alias that a young Syrian used for his safety. He was often cited by international media outlets, including NPR.
But he recently fled Syria after his identity was compromised and he was in danger of arrest.
Originally published on Fri October 21, 2011 6:24 am
The Institute of Medicine sympathizes with us consumers and the confusion we suffer weighing health claims on food packaging at the grocery store. Our convoluted food labels might have something to do with why so many Americans aren't eating as healthfully as they could, and are shouldering too much weight and diet-related health problems, the IOM says.
Originally published on Thu October 20, 2011 8:46 pm
Early voting is underway in Ohio, where a fierce fight with political and economic implications is forcing voters to pick sides between Republican budget-cutters and public workers' unions. At issue is whether to keep or repeal SB 5, a controversial bill supported by Gov. John Kasich and passed by the GOP-dominated legislature this spring. Among other things, SB 5 dramatically restricts Ohio's public sector workers collective bargaining rights. Under SB 5, public employees cannot strike or negotiate for wages or working conditions.
Originally published on Thu October 20, 2011 4:18 pm
Teenage drivers have fewer crashes after they've been driving for a while, but new research suggests that a few months behind the wheel doesn't improve their driving skills all that much.
Researchers persuaded 42 newly licensed teen drivers to have data-recording systems installed in their cars — a camera, a GPS, and an accelerometer to measures rapid stops, sharp turns and swerves. They also checked up on how their parents did when driving the same cars.
The idea was to compare the driving habits of novices with those of more experienced drivers under similar conditions.
A woman is overcome with emotion during celebrations outside the Libyan Embassy in London on Thursday, after the news that former Libyan leader Col. Moammar Gadhafi was killed after an assault on his hometown of Sirte.