To the Point
Higher Education and the Global Economy
Even when the recession is finally over, the US may have problems competing with the rest of the world. That's because of a growing education gap. Family incomes aren't keeping up with rising cost of higher education. We hear what that means for competition in the global economy. Also, unemployment climbs faster than expected, and OJ Simpson has been sentenced to 15 years in state prison.
By Warren Olney • • 1h 0m ListenEven when the recession is finally over, the US may have problems competing with the rest of the world. That's because of a growing education gap. Family incomes aren't keeping up with rising cost of higher education. We hear what that means for competition in the global economy. Also, unemployment climbs faster than expected, and O.J. Simpson gets a minimum sentence of 15 years in prison.
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In this episode
3 storiesO.J. Simpson Sentenced
Two months ago, a Nevada jury convicted O.J. Simpson of kidnapping and armed robbery in a botched effort to recover sports memorabilia from peddlers last year. In a Nevada courtroom today, shackled and dressed in a blue jump-suit, he was sentenced to a minimum of 15 years in state prison.
Read the story1 minUnemployment Climbs Faster than Expected
Some 533,000 Americans lost their jobs in November, the worst monthly record since 1974. The unemployment rate has risen to 6.7%. That is "truly alarming," according to Jared Bernstein at the Economic Policy Institute, also an informal advisor to the Obama transition team.
Read the story6 minWill College Become Unaffordable for a Majority of Americans?
A moment ago, we heard about increased unemployment in the United States. The unemployment rate for college and university graduates is half what it is for the workforce as a whole. But rising costs are putting college and university degrees out of reach for most young Americans.
Read the story36 min
