A study indicates just half of college graduates, from 2009 to 2011, are finding work within a year. In the meantime, most grads have student loans to replay. Tim Maurer, a financial adviser in Hunt Valley, Md., talks to David Greene about the high cost of getting a college degree.
States are moving to set up health insurance exchanges — a pillar of Obama's health care law. But many GOP governors find themselves in an awkward position. David Wessel, economics editor of The Wall Street Journal, talks to Steve Inskeep about why the governors' positions on exchanges are complicated.
The Federal Reserve has announced three of China's largest state-owned banks have been given approval to expand their operations in the U.S. Analysts say that ICBC, China investment Corp., and Central Huijin Investment will likely look to purchase regional U.S. banks and establish a footprint in the American market.
A new Rutgers University survey finds just half of those who graduated from college between 2006 and 2011 are working full time. Burdened by student loan debt, and with wages depressed even for those with jobs, many say they no longer believe that education and hard work will necessarily lead to success.
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