Who's Applying to Harvard and Who's Getting in?

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College admissions have become a multi-billion dollar industry, financed by parents' hopes for their children. What does it ultimately mean for the kids? Also, a closer look at the 2011 budget deal, and President Obama on the role of government and how to finance it.

Banner image: A freshman enters the Admissions Building at Harvard University. Photo: Glen Cooper/Getty Images

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Warren Olney