Americans are borrowing more to pay for college while reducing other debt as a weak job market prompts more people to go to school and tuition keeps climbing, new Federal Reserve Bank of New York data show.

WSJ: Student-Loan Debt Rises 8% to $904 Billion

The range of estimates is very wide, as you would expect given the uncertainties, but there is a weak consensus among researchers that the Kyoto proposals (especially in the absence of a trading regime and other cost-reducing arrangements) may have been a bit too stringent.

ECONOMIST: Economics focus