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Is Higher Education the Next Bubble to Burst?

The Chronicle of Higher Education raises a question worth examining, as the credit stays tighter than usual and the economy remains sluggish: Is higher education the next bubble to burst?


Banks with Deep Pockets Dodge Foreclosure Damages

The fight that neighborhoods in Cleveland are launching against banks that dump vacant and vandalized foreclosed homes back onto the real estate market received a bit of a setback, as I noted in my story Monday. A private, non-profit housing advocacy group had filed suit in local housing court to force the banks to clean [...]


Hard Times Hit the Blackjack Table

We were talking Monday about the unexpected effects of the foreclosure crisis, like skateboarders in California taking advantage of empty swimming pools behind vacant homes to practice their craft. Here’s another: Gambling is falling in popularity as more people choose instead to pay their bills, Bloomberg reports. That means tough times for Atlantic City, where [...]