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Should Your Kids Pay for College Themselves?

U.S. News & World Report - Fri Dec 11, 12:03 PM ET

It is tempting for parents whose savings and earnings have been wiped out by the economic downturn to tell their teens: "We love you. We want you to go to college, but we can't afford to pay tuition right now. You're on your own."

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  1. Bill O'Reilly lashes out at 'Law & Order' executive producer The Newsroom - Fri Dec 11, 1:34 PM ETSent 1,106 times

    Fox News' Bill O'Reilly lashed out at "Law & Order" franchise creator/executive producer Dick Wolf Thursday night. The bombastic host, upset over how he was recently characterized on the long-running NBC drama, called the "far left" Wolf a "despicable human being" whose show was "out of control."

  2. Adam Henderson shops for a shotgun at Guns and Leather, a firearms store and shooting range, in Greenbrier, Tenn. on Friday Dec. 11, 2009. A nationwide review by The Associated Press found that over the last two years, 24 states, mostly in the South and West, have passed 47 new laws loosening gun restrictions. (AP Photo/Josh Anderson)
    Gun laws are getting looser across much of US AP - Fri Dec 11, 4:06 PM ETSent 622 times

    NASHVILLE, Tenn. - It's been the year of the gun in Tennessee. In a flurry of legislative action, handgun owners won the right to take their weapons onto sports fields and playgrounds and, at least briefly, into bars.

  3. House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., center, accompanied by Rep. Paul E. Kanjorski, D-Pa., left, and House Speaker Nancy Pelosi of Calif. speaks during a news conference on Capitol Hill in Washington, Friday, Dec. 11, 2009, following the House Passage for Wall Street Financial Reform and Consumer Protection Act. (AP Photo/Pablo Martinez Monsivais)
    Major makeover of Wall Street regs passes House AP - 22 minutes agoSent 274 times

    WASHINGTON - The House passed the most ambitious restructuring of federal financial regulations since the New Deal on Friday, aiming to head off any replay of last year's Wall Street failures that plunged the nation deep into recession.

  4. Should Your Kids Pay for College Themselves? U.S. News & World Report - Fri Dec 11, 12:03 PM ETSent 271 times

    It is tempting for parents whose savings and earnings have been wiped out by the economic downturn to tell their teens: "We love you. We want you to go to college, but we can't afford to pay tuition right now. You're on your own."

  5. Facebook.com founder Mark Zuckerberg on his profile page. Facebook began calling on users to get a better grip on their online privacy by dictating who sees what in profiles at the world's leading social networking service.(AFP/Facebook/File/Markham Johnson)
    Privacy advocates slam Facebook change AFP - Thu Dec 10, 10:31 PM ETSent 161 times

    SAN FRANCISCO (AFP) - Privacy advocates slammed revamped Facebook privacy controls on Thursday, saying the change masks a move to get members to expose more information online.

  6. Actor Paul Reubens portraying Pee-wee Herman poses for a portrait while promoting 'The Pee-wee Herman Show' live stage play, Monday, Dec. 7, 2009, in Los Angeles. The play will begin a limited engagement on Jan. 12, 2010 through Feb. 7, 2010 at Club Nokia in Los Angeles. (AP Photo/Danny Moloshok)
    Pee-wee Herman's big comeback AP - Fri Dec 11, 9:28 AM ETSent 149 times

    LOS ANGELES - The star may be Pee-wee, but his new live stage show is absolutely huge.

  7. U.S. teens ignore laws against texting while driving Reuters - Fri Dec 11, 1:02 AM ETSent 136 times

    LOS ANGELES (Reuters) - Karen Cordova, a 17-year-old high school student and part-time supermarket cashier, admits she sometimes texts friends while driving home from work late at night, lonely and bored.

  8. FILE - In a Friday, June 26, 2009 photo, Jenny Sanford, wife of South Carolina Gov. Mark Sanford, speaks about her husband's recent affair admission  in Sullivans Island, S.C. South Carolina's first lady has filed for divorce months after her husband publicly confessed an affair with an Argentine woman.  (AP Photo/Alice Keeney, File)
    SC first lady files for divorce from cheating gov AP - 18 minutes agoSent 126 times

    CHARLESTON, S.C. - South Carolina Gov. Mark Sanford may be keeping his office, but he is losing his marriage.

  9. The New York Times printing plant is seen in the Queens borough of New York November 17, 2009. REUTERS/Shannon Stapleton
    New York Times raises eyebrows with gift guide for people 'of color' The Newsroom - Thu Dec 10, 6:37 PM ETSent 120 times

    A new addition to the New York Times annual Holiday Gift Guide has sparked a minor uproar after a blog devoted to critiquing the paper termed it "racist." Included in this year's guide, which was published in November, is a page titled "Of Color/Stylish Gifts." This first-time feature is described by the paper as "gifts created for and by people of color." After going virtually unnoticed by critics for a month, the guide's been widely slammed in the past week as a collection of "backhanded insults" which are "bordering on offensive" and "out of touch."

  10. The mark Brand Introduces Digital Social Selling Application that for the First Time Connects Shoppers with Representatives on Facebook.  (PRNewsFoto/mark)
    Facebook's New Privacy Settings: 5 Things You Should Know PC World - Thu Dec 10, 11:25 AM ETSent 112 times

    Facebook has begun rolling out its new privacy settings to all of its 350 million users. If you haven't seen it already, you will soon have to go through a wizard that will guide you through the process of confirming your privacy settings.

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  1. FILE - In this Nov. 15, 2009 file photo, Tiger Woods, tips his cap to the crowd after he finished his final hole in Melbourne, Australia, during the Australian Masters golf tournament at Kingston Heath.  (AP Photo/Rob Griffith, File)
    Tiger Woods to take 'indefinite' leave from golf AP - 45 minutes ago

    Tiger Woods said Friday he is taking an indefinite leave from golf to try to save his marriage, the biggest fallout yet from two shocking weeks filled with allegations of rampant extramarital affairs.

  2. Bill O'Reilly lashes out at 'Law & Order' executive producer The Newsroom - Fri Dec 11, 1:34 PM ET

    Fox News' Bill O'Reilly lashed out at "Law & Order" franchise creator/executive producer Dick Wolf Thursday night. The bombastic host, upset over how he was recently characterized on the long-running NBC drama, called the "far left" Wolf a "despicable human being" whose show was "out of control."

  3. A Pakistani man walks in front of the house where security personnel arrested foreign nationals in the eastern town of Sargodha on December 10. Five young American men arrested in Pakistan for trying to join Islamist militant groups will not be deported unless police clear them of any crimes, a Pakistani minister said Friday.(AFP/File/Farooq Naeem)
    Worried father turned in 5 Americans to Pakistani police McClatchy Newspapers - Fri Dec 11, 6:40 PM ET

    SARGODHA, Pakistan — Pakistani police arrested five American Muslims this week on suspicion of planning terrorist actions after Khalid Farooq, the father of one of them, turned them in, alarmed that they were determined to fight U.S. troops in Afghanistan, Pakistani officials and friends of the family said Friday.

  4. A US "Predator" drone seen in Afghanistan. A senior Al-Qaeda figure has been killed in a US drone strike in northwest Pakistan, a US official told AFP.(AFP/File/Joel Saget)
    AP source: Al-Qaida operative killed by US missile AP - 26 minutes ago

    WASHINGTON - A senior al-Qaida operations planner was killed in an American missile strike this week in western Pakistan, a U.S. counterterrorism official said Friday.

  5. FILE - In this Oct. 27, 2009 file photo, Special Master for Executive Compensation Kenneth Feinberg, also known as the Treasury Department's 'pay czar', speaks about TARP (Troubled Asset Relief Program) and the financial crisis during a discussion at Georgetown Law Center in Washington. Feinberg said Friday, Dec. 11, 2009, the Treasury Dept. is limiting the cash compensation for executives at companies that received the largest taxpayer bailouts to $500,000.(AP Photo/Charles Dharapak, file)
    Major makeover of Wall Street regs passes House AP - 22 minutes ago

    WASHINGTON - The House passed the most ambitious restructuring of federal financial regulations since the New Deal on Friday, aiming to head off any replay of last year's Wall Street failures that plunged the nation deep into recession.

  6. FILE - In a Tuesday, July 14, 2009 file photo, Argentine Maria Belen Chapur walks to her apartment after shopping at a supermarket in Buenos Aires, Tuesday, July 14, 2009.  Jenny Sanford, South Carolina's first lady, announced Friday, Dec. 11, 2009 that she has filed for divorce, months after her husband, SC Gov. Mark Sanford, publicly confessed an affair with Maria Belen Chapur.(AP Photo, File)
    SC first lady files for divorce from cheating gov AP - 18 minutes ago

    CHARLESTON, S.C. - South Carolina Gov. Mark Sanford may be keeping his office, but he is losing his marriage.

  7. A NASA satellite image of iceberg B17B (C), floating southwest off the West Australian coast. Australian authorities Friday issued a shipping alert over a gigantic iceberg that is gradually approaching the country's southwest coast. The Bureau of Meteorology said the once-in-a-century cliff of ice dislodged from Antarctica about a decade ago before drifting north(AFP/Australian Antarctic Division/Ho)
    Australia shipping alert over massive iceberg AFP - Fri Dec 11, 2:34 AM ET

    SYDNEY (AFP) - Australian authorities Friday issued a shipping alert over a gigantic iceberg that is gradually approaching the country's southwest coast.

  8. U.S. teens ignore laws against texting while driving Reuters - Fri Dec 11, 1:02 AM ET

    LOS ANGELES (Reuters) - Karen Cordova, a 17-year-old high school student and part-time supermarket cashier, admits she sometimes texts friends while driving home from work late at night, lonely and bored.

  9. New York Times raises eyebrows with gift guide for people 'of color' The Newsroom - Thu Dec 10, 6:37 PM ET

    A new addition to the New York Times annual Holiday Gift Guide has sparked a minor uproar after a blog devoted to critiquing the paper termed it "racist." Included in this year's guide, which was published in November, is a page titled "Of Color/Stylish Gifts." This first-time feature is described by the paper as "gifts created for and by people of color." After going virtually unnoticed by critics for a month, the guide's been widely slammed in the past week as a collection of "backhanded insults" which are "bordering on offensive" and "out of touch."

  10. FILE - In this July 28, 2008 file photo,  Blackwater Worldwide's headquarters is seen in Moyock, N.C. Private security guards working for Blackwater USA participated in clandestine CIA raids against suspected insurgents in Iraq and Afghanistan, The New York Times reported Thursday, Dec. 10, 2009  (AP Photo/Gerry Broome, File)
    Blackwater Predator missile-load contract ending AP - 2 hours, 15 minutes ago

    WASHINGTON - CIA Director Leon Panetta has canceled a contract with the former Blackwater security firm that allowed the company's operatives to load missiles on Predator drones in Pakistan.

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  1. A driver sends a text message while stopped at an intersection in Los Angeles December, 10, 2009. REUTERS/Jason Redmond
    Teens ignore laws against texting while driving Reuters - Fri Dec 11, 12:24 PM ET

    LOS ANGELES (Reuters) - Karen Cordova, a 17-year-old high school student and part-time supermarket cashier, admits she sometimes texts friends while driving home from work late at night, lonely and bored.

  2. Blackwater Predator missile-load contract ending AP - 2 hours, 15 minutes ago

    WASHINGTON - CIA Director Leon Panetta has canceled a contract with the former Blackwater security firm that allowed the company's operatives to load missiles on Predator drones in Pakistan.

  3. FILE - in This Wednesday, April 30, 2009 file photo, smoke billows from brush fire near Bukit Tiga Puluh natural forest in Riau, Sumatra island, Indonesia. For Indonesian farmers, burning down rainforests is the cheapest and fastest way to clear land for palm oil and paper pulp plantations. The millions of acres they burn every year has made their southeast Asian nation the world's third-largest producer of greenhouse gases. And, environmentalists warn, the powerful forestry and agricultural industry will likely stymie any efforts to crack down. (AP Photo/Achmad Ibrahim, File)
    Hurdles remain even if climate deal is reached AP - Fri Dec 11, 9:25 AM ET

    JAKARTA, Indonesia - For Indonesian farmers, burning down rain forests is the cheapest and fastest way to clear land for palm oil and pulp and paper plantations.

  4. Pittsburgh Steelers wide receiver Hines Ward walks off the field after a 13-6 loss to the Cleveland Browns in an NFL football game Thursday, Dec. 10, 2009, in Cleveland. The Steelers lost their fifth straight and had their playoff hopes sacked by the lowly Cleveland Browns, who ended a 12-game losing streak against their bitter rival. (AP Photo/Tony Dejak)
    Not so Super: Browns sack Steelers 13-6 AP - Fri Dec 11, 7:26 AM ET

    CLEVELAND - There's nothing Super about the Pittsburgh Steelers anymore.

  5. Pope Benedict XVI waves as he leads his weekly audience in the Paul VI hall at the Vatican December 9, 2009. REUTERS/Alessia Pierdomenico
    Child abuse crisis to spark Irish Church shake-up Reuters - Fri Dec 11, 2:48 PM ET

    VATICAN CITY (Reuters) - Pope Benedict expressed "outrage, betrayal and shame" on Friday at the sexual abuse of children by priests in Ireland, which Church leaders said would lead to a shake-up of the Irish Roman Catholic Church.

  6. FILE - In this July 21, 2009 file photo, a customer displays an Apple iPhone 3GS at an Apple store in Palo Alto, Calif. Apple Inc., announced Friday, Dec. 11, 2009, it is suing cell phone maker Nokia Corp. for patent infringement, a countermove to Nokia's earlier suit against technologies used in Apple's iPhone. (AP Photo/Paul Sakuma, file)
    Apple countersues Nokia over phone patents AP - Fri Dec 11, 5:00 PM ET

    NEW YORK - Apple Inc. is suing cell phone maker Nokia Corp. for patent infringement, a countermove to Nokia's earlier suit against technologies used in Apple's iPhone.

  7. Gun laws are getting looser across much of US AP - Fri Dec 11, 4:06 PM ET

    NASHVILLE, Tenn. - It's been the year of the gun in Tennessee. In a flurry of legislative action, handgun owners won the right to take their weapons onto sports fields and playgrounds and, at least briefly, into bars.

  8. President Barack Obama speaks at the Nobel Banquet in Oslo, Norway, Thursday, Dec. 10, 2009. (AP Photo/Susan Walsh)
    Analysis: Obama's case for war in support of peace AP - Fri Dec 11, 11:11 AM ET

    WASHINGTON - Barack Obama split the difference in his Nobel speech, laying down a doctrine that will likely define his presidency: a steadfast defense of warfare against evil mixed with praise of nonviolence and exhortations for mankind to affirm the "spark of the divine" in everyone.

  9. UC Berkeley students arrested in campus protest AP - Fri Dec 11, 3:01 PM ET

    BERKELEY, Calif. - Police on Friday arrested 65 protesters inside a classroom building that was partially taken over for several days at the University of California, Berkeley.

  10. Pee-wee Herman's big comeback AP - Fri Dec 11, 9:28 AM ET

    LOS ANGELES - The star may be Pee-wee, but his new live stage show is absolutely huge.