Personal finance
Online betting site Intrade abruptly closes

When work bulldozes your personal life

Women getting rejected for mortgages

Gas prices ate into Americans' budgets last month

Job burnout worse for your heart than smoking

Swiss tax-cheat adviser blows his US clients' cover

School loans are just the start for some Ph.D.s

Penn State suspends its contract with Adidas

Even Exxon thinks the US will cut energy use

How much water from Poland Spring is in that bottle?

Looking for tech's future? Watch teenagers

Do you live in a county that's dying?

Why Mila Kunis is hardly a stock market indicator

Matt Lauer hosting 'Jeopardy' could be hazardous

FTC tells celebrity endorsers on Twitter: Disclose all

No Guinness for vegans this St. Patrick's Day

Red Bull is being blackmailed

Lumber finally rises from the forest floor

Applying for Obamacare could be painful

US getting another conservative news channel

Carl's Jr. sticks with its 'indulgent' menu

Which 200 airports will lose their control towers?

How to lose $8 million in 6 minutes

First-class battle over Saturday mail delivery

Time's opus on health care is a surprise hit
School loans are just the start for some Ph.D.s
Many would-be academics take out big loans to attend graduate school with the hope of later finding a tenured university job. But the spending doesn't end with their freshly printed Ph.D.s.

Instead, new graduates are finding they need to spend thousands simply to track down job openings in the competitive academic market, according to an article in the Chronicle of Higher Education.

An entire industry is evolving to "assist" recent Ph.D.s in finding jobs, with that assistance coming at a price, the story notes.

"I feel exhausted and as though I am throwing money into a gigantic hole," Kavita Finn, who earned a Ph.D. in English literature from University of Oxford in 2010, told the publication.

Finn has spent more than $2,000 trying to find a job, applying for 75 academic openings. (She also has $100,000 in student debt, the article notes.) Among her costs is $39.90 for an account at Interfolio, which helps would-be academics transmit their dossiers electronically to hiring committees.

Just sending reference letters is also getting expensive. Interfolio, which tells the Chronicle of Higher Education that 100,000 Ph.D.s used its services last year, also charges for sending documents such as teaching statements and curriculum vitae. Another such service called SlideRoom charges $10 to $15 for applicants hoping to score faculty positions at art programs. It sends electronic images of paintings, photographs and other art works to the schools.

It may be harder than ever for new Ph.D. holders to find secure academic jobs because of a shift in how colleges are hiring. Institutions are increasingly relying on part-time academics, hiring visiting scholars and offering contract positions as ways to save money.

By 2009, only one-third of faculty at U.S. degree-granting institutions were tenure-track or tenured, down from 57% of faculty in 1975, the American Psychological Association reports, citing data from the U.S. Department of Education. While a candidate might have required one year of job hunting in the 1970s, he or she might now be on the market for several years, like Finn.

The Chronicle of Higher Education didn't discuss if certain academic disciplines are more likely to get socked with higher fees and longer job-search times, although it featured only job applicants in the humanities.

Graduate programs should be more honest about the fees related to job hunting after the Ph.D.s are handed out, career-advice specialist Karen L. Kelsky told the publication. "You're being asked to spend this money, and it's not necessarily going to pay off."
Colorado doctors unite against energy companies

Monster Beverage looks for a buzz from food stamps

Hungry for a hit, McDonald's adds McWraps

Real cost of US war with Iraq: $1.7 trillion

This guy spent $45,000 on a marriage proposal

Starbucks' CEO perks up for minimum wage hike

CEO gives workers 'get out of jail free' cards

Violent crime is haunting Mexico's tourism

Invest like Warren Buffett with this app

Peek protection: Now you can block that drone

Jay Leno is no laughing matter for NBC

Are job cuts a myth about Obamacare?

Nike silences naysayers after outstanding quarter

ftp manager mac
Are we finally ready for turkey burgers?

Newsroom budget cuts create a downward spiral

Why young Americans are getting poorer

Senator: Should hourly minimum wage be $22?

Cookie hoax: Girl Scouts scammed out of $24,000

NCAA March Madness is no economic slam dunk

Pennsylvania may finally sell its state liquor stores

Lululemon's see-through yoga pants get yanked

The Easter Bunny is getting pinched this year

How ski resorts fend off accident lawsuits

Retirement crisis ahead for boomers and Gen Xers

Soda industry wins support as donations flow

Colorado company: New gun law will make us move

Michael Dell may have another bidder to outdo

What the government wants to take away now

US is still paying Civil War benefits

Here come new whiskey flavors

College won't accept students who need loans

Who's next as a merger frenzy takes off?

Study: Soda really does kill

Dark day for a Chinese solar panel maker

Wal-Mart expands shop-with-iPhone program

Celebrating Passover costs more this year

Meth-contaminated homes are a growing hazard

What recovery? Many workers still stuck in recession