There is obvious scope for this in Europe, where the degree of conglomeration is still far higher than in America.

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The issue is the degree to which China has moved higher education to the top of its priorities, and the fact that 500, 000 new engineers a year will probably come up with more high-tech innovations than 150, 000 can.

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Second, the assumption of one additional percent of growth over a 15-year period possibly overestimates the effect in the early years, but underestimates to a far greater degree in later years when the economy is larger, the penetration is higher and the network effect is greater.

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The fact is, is that the vast majority of these proposed savings account for a higher degree of specificity than we have seen, by far, from the Republicans.

WHITEHOUSE: Press Briefing by Press Secretary Jay Carney,

For traders, those who have a shorter investment time horizon and a higher degree of risk tolerance, the prescription for current market conditions is a bit different.

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U.S. diplomats are doing the same things they usually would when a U.S. citizen is arrested in a foreign country, but maybe to a higher degree because of the high-profile nature of the case, a senior administration official said.

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With unemployment rates and salary levels correlating almost perfectly to education levels, the true challenge facing higher education, whether online or on campus, is helping students to successfully complete college degree programs.

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