To the Point
Who's Applying to Harvard and Who's Getting in?
College admissions have become a multi-billion dollar industry, financed by parents' hopes for their children. What does it ultimately mean for the kids?
By Warren Olney • • 50m ListenCollege 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
In this episode
3 storiesA Closer Look at the 2011 Budget Agreement
Congress has until this Friday to vote on last Friday's budget deal between their leaders and President Obama. Because details weren't revealed until Tuesday, there's enough grumbling to create some uncertainty about passage. Janet Hook covers Congress for the Wall Street Journal .
Read the story8 minHow Much Does College Matter?
As President Obama makes yet another speech about America's future, more than a million high school seniors are deciding about college. No less than 70 percent will be accepted somewhere, most often near home. But many will have been recruited by the most elite schools, even though they'll never get in.
Read the story28 minResponse to President Obama's Speech on Deficit Reduction
After a meeting with leaders of both parties in Congress today, President Obama made a speech at George Washington University. He called for reducing the deficit by $4 trillion over the next 12 years. The President called on Congress to enact what he called a "Debt Failsafe," to trigger spending reductions across the board.
Read the story15 min
