It’s nail-biting time for high-school seniors across the country as they wait to see if the fat envelope will show up. With many schools seeing a flood of applicants—Harvard expects to offer admission to a record-low 6 percent—the odds of rejection are climbing. Here’s a look at likely acceptance rates for some key groups of schools compared with five years ago, based on the number of applications received and the estimated offers available.
With public anger heating up over the dubious practices mortgage lenders have been using to push through foreclosures, all 50 state attorneys general have launched a joint investigation into the matter. A housing expert explains why these foreclosure problems are only now being addressed, how a moratorium can help, and what a homeowner should do for protection.