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    The Lookout

    • (Nate Shron/Getty Images)

      So you're considering college but don't have the dough. Or maybe you're out of college now and still don't have any dough. You're not alone: In the past 30 years, the cost of a college degree has risen 1,120 percent and the number of people taking out loans to pay for it has skyrocketed.

      The good news is that with a little creativity (and maybe even some help from Washington), you can make paying for college less onerous.

      Below are 10 things that can be done to rein in the cost of obtaining a degree. The ideas come from a range of sources, including liberal, conservative and libertarian think tanks; Republican and Democratic politicians; artists; entrepreneurs; and dropouts. Some of the ideas here are controversial and, at times, contradictory.

      But here they are, all in one place.

      Cover

      1. Don’t rely on your gut to determine where to go to school—look at the ROI

      How many people do you know who chose a school because they liked the football team? Or because the school had a great

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    • Graduating students at the University of California at Berkeley on May 18 (Tony Avelar/AP)

      Making money off the student loan industry isn’t just for big banks anymore. Thanks to new lending rules and historically low interest rates, the federal government is now getting a sizable piece of the action.

      Commercial banks like Sallie Mae, a former government agency now the nation’s largest private student loan lender, continue to make an enormous profit (Sallie Mae reported $939 million in profit for 2012).

      But today, nearly three years after the government cut commercial banks out of the federal student loan market, banks aren’t the only ones profiting from people seeking a degree. Now that the Department of Education is responsible for lending to students directly, the government is making big money off the nation’s scholars.

      Current students and recent graduates currently carry $1.1 trillion in outstanding debt—more than the nation's combined credit card debt.

      The Congressional Budget Office in February estimated that the Department of Education will make $35.5 billion in

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    • Ingrid Loyau-Kennett confronts one of the suspected killers (photo via Twitter)Ingrid Loyau-Kennett confronts one of the suspected killers. (photo via Twitter)

      The horrific attack that left a U.K. soldier dead on the streets of London could have been worse, were it not for the actions of a 48-year-old single mom, the U.K.'s Telegraph reports.

      Ingrid Loyau-Kennett spoke with the Telegraph about speaking directly with the suspected killers in the attack's immediate aftermath. In a photograph, Loyau-Kennett can be seen speaking with one of the attackers while a crowd of onlookers watches from a safe distance.

      Via the Telegraph:

      "And then when I went up there was this black guy with a revolver and a kitchen knife, he had what looked like butcher’s tools and he had a little axe, to cut the bones, and two large knives and he said 'move off the body," she said.

      "So I thought 'OK, I don’t know what is going on here’ and he was covered with blood. I thought I had better start talking to him before he starts attacking somebody else. I thought these people usually have a message so I said, 'what do you want?'

      "I asked him if he did it and he said yes and I

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