This week in MarketWatch: the Dow hits a symbolic number, the relationship of financial aid to college tuition, and “new rules”—for the “Social Era.”
When is 13 a lucky number? When it’s 13K and it’s achieved by the Dow!
Financial aid is supposed to make college more affordable and accessible for students. But what if, by handing money out to undergrads, the government is simply encouraging schools to spend more and jack up tuition?
Facebook, KickStarter, Kiva, Twitter, and other companies are operating by the rules of the Social Era. They get it. But too many major companies—Bank of America, Sony, Gap, Yahoo, Nokia—don't.