A recent study by the Center for Economic Policy Research says that, in order to ease imbalances, the European Union needs to ma

A recent study by the Center for Economic Policy Research, or CEPR, in London says the best way to ease imbalances would be for Asian governments, the United States and the European Union to coordinate policy. It says that while Asia needs to make changes, the US also has to save more and cut spending.

A college education can be very costly in the United States, especially at a private school. Rising costs have led more and more families to borrow money to help pay for college. In 1993, less than one-half of graduates from four-year colleges had student loans. Now two-thirds of them do. Their average loan debt when they graduate is 19,000 dollars. At public universities, the average is 17,000 dollars.