Private colleges are offering record discounts on tuition and fees as they face potentially weaker-than-expected enrollment. The average financial aid offer was 45 percent off the list price last fall, according to a study by The National Association of College and University Business Officers. The Wall Street Journal also says the discounts may be even bigger for fall of 2013. Second-tier schools are facing weak enrollment numbers as families struggle with rising tuition.
Cyber attacks are inflicting heavy pain on banks. Online security company Keynote Systems says U.S. banks websites were down a record 249 hours in six weeks in February and March while under heavy cyber attacks. And Symantec says hackers in Europe were able to withdraw $9 million from customer accounts in 46 cities last year in a single attack. Incidents like this are prompting a warning from the U.S. government about the increasing risk to customer accounts.
Who's the best boss you ever had, and what's so great about them? The best boss is the one who helps you add more skills. That's according to workers and experts cited in USA Today. The paper says the worst quality in a boss is arrogance. Being manipulative and passive aggressive isn't great either. Trustworthy bosses who focus on providing opportunities for others are the most appreciated.