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Columbia Business School posted a 19% drop in applications to its flagship two-year master of business administration program this year, after four years of rapid growth.
WSJ: M.B.A. Applications Drop for Fourth-Straight Year
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Obama called for a program of loans for small businesses made through either the federal Small Business Administration's Disaster Loan Program or by private lenders.
CNN: Palin: Obama put 'ambition above country'
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The Army Corps of Engineers is working to ensure that the drought doesn't impede navigation of the nation's rivers, and the Small Business Administration is conducting a major outreach program so that farmers, ranchers, and other businesses affected by the drought know about the emergency resources available to them.
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