Two-thirds of American college graduates left school last year with student loan debt hanging over their heads and the average amount they owed was $26,600, up 5 percent from the previous year. They also walked into a "tough job market" that was only marginally more friendly than in 2010, according to a report released today by the Institute for College Access and Success (TICAS).
Good morning. I'm Renee Montagne. Back in the late 1700s, the resentful subjects of France's Marie Antoinette gave her the nickname Madame Deficit. The queen's extravagant lifestyle ended at the guillotine. But she left behind some treasures, including a delicate pair of green and pink silk striped slippers. On the anniversary of her execution this week, they were sold by a Parisian auction house at a price fit for a queen - more than $65,000. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.
And the Governor is one of many politicians from both parties who we're hearing from in this election season. Was it the town hall or a town brawl? That's what some pundits are asking a day after the very heated second presidential debate, between President Barack Obama and former Massachusetts Governor Mitt Romney.
A young Bangladeshi man has been charged with conspiring to blow up the Federal Reserve Bank in lower Manhattan. New York Police Commissioner Raymond Kelly commented on the arrest at a press conference last night.
RAYMOND KELLY: This individual came here for the purpose of doing a terrorist act.
Earlier this week, a Japanese company announced a $20 billion bid for a majority stake in Sprint-Nextel, America's third-largest mobile carrier. The deal was launched by the CEO of Softbank - an executive who says he has a 300-year business plan and who is fond of making investments his peers call crazy.
Lucy Craft has this profile.
LUCY CRAFT, BYLINE: In a society where conformity, conservatism and harmony are virtues, CEO Masayoshi Son breaks all the rules, says his biographer, Shinichi Sano.
Israel's newsstands are looking noticeably less crowded these days, as a crisis in the Israeli press threatens several of the country's oldest publications. Media experts in Israel say that market competition and a tendency to buy political influence through media ownership have crippled Israel's once-thriving newspaper market.