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Recession Briefing 11.20: Tuition Up a Ton

By David Hirschman ⋅ 9:35 am November 20, 2009 ⋅ Post a comment

What you need to know today to survive and thrive in the recession.

UC Color LogoStrapped for cash after deep state budget cuts, The University of California’s Board of Regents has approved a plan to raise undergraduate fees — the equivalent of tuition — 32 percent next fall. (New York Times)

Some states have hunger problems that far outpace their poverty rates, an indication that it isn’t just the fragile economy that’s to blame. (The Daily Beast)

Last winter as the American economy seized up, the Flea Theater commissioned six rising playwrights to write 10-minute plays for a series titled The Great Recession. The show debuts tonight in New York.  (Los Angeles Times, The Flea)

Could taking a “survival job” be bad for your career once hiring picks up again? (CNN/Money)

A record percentage of Americans are now late in paying their mortgages, according to the Mortgage Bankers Association. On Thursday, the MBA said 9.64 percent of all loans were in delinquency in the third quarter. (Christian Science Monitor)

The U.S. government is having a tough time guesstimating how many small businesses failed in this recession, casting doubt on the reliability of vital data on employment and economic growth. (Reuters)

Opinion about which political party is responsible for the recession is shifting, according to a new poll. Survey data indicates that 38 percent of the public blames Republicans for the country’s current economic problems, down from 53 percent in May. (CNN)

The White House stepped back Thursday from its tally of the number of jobs its economic-stimulus package has created or saved through September in the face of mounting criticism over errors in reports filed by recipients of stimulus money. (Wall Street Journal)

Employers traditionally add to payrolls in the fall, but they have shown a reluctance to hire this year. (New York Times)

Simon Johnson wonders what the Troubled Asset Relief Program really accomplished. (New York Times/Economix)

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Print This PostTags: arts, education, politics, poverty, real estate, stimulus

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