Can Bankruptcy Save Detroit?

Detroit, once America's fourth largest city, is a shadow of its former self and $18 billion in debt. Yesterday, it became the largest municipal bankruptcy in US history. Also, a new strategy for making the increased cost of college easier to pay for, and President Obama talks about the Trayvon Martin killing.

Banner image; A woman walks next to the abandoned Packard Motor Car Company building, that ceased production in the 1950's, in Detroit, Michigan. Photo: Rebecca Cook/Reuters