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Financial Planning > College Planning > Student Loan Debt

Week in Pictures | November 18, 2011

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The NYPD redecorate OWS residences, Italy’s new government struggles with protesters as they begin to introduce anti-crisis austerity measures and a predominant player in the Arab world is ousted from the Arab League, this and more in this week’s week in pictures. 

A student, his face covered with blood, lies on the ground following clashes with police during a demonstration in Turin, Italy, Thursday, Nov. 17, 2011. University students are protesting in various Italian cities against budget cuts and a lack of jobs, hours before new Italian Premier Mario Monti reveals his anti-crisis strategy in Parliament. Across Italy, transport unions called all-day walkouts or strikes of several hours Thursday to demand better work contracts. Scuffles among students were reported in Turin, Palermo, and in Milan, where they hoped to march to Bocconi University, which trains Italy’s business elite. Monti, an economist, is Bocconi’s president. (AP Photo/Fabio Ferrari, Lapresse)

It was a homecoming of sorts for Barack Obama when he landed in Bali, Indonesia on Nov 17, 2011. The President is there to attend the Association of Southeast Asian Nations (ASEAN) and East Asia Summit. ASEAN has agreed to let Myanmar chair the regional block in 2014 after the hermit nation has made some rudimentary steps towards reform. Myanmar is slowly opening up, leaving the country ripe for international investment and business opportunities. (AP Photo)

Police officers arrest a demonstrators affiliated with the Occupy Wall Street movement, Thursday, Nov. 17, 2011 in New York. Two days after the encampment that sparked the global Occupy protest movement was cleared by authorities, demonstrators marched through New York’s financial district and promised a national day of action with mass gatherings in other cities. (AP Photo/Mary Altaffer)

The pressure is on Congress’ deficit reduction supercommittee as they inch closer and closer to a Nov 23 deadline to cut the deficit by at least $1.2 trillion. Accounting gimmicks are being employed to make a deal easier but still an agreement is yet to be reached. If there is no deal by Nov 23 then spending cuts will automatically start to take place in 2013, including $600 billion from the Pentagon budget. Picutred above, Sen. Max Baucus, D-Mont., prepares for a meeting with Democratic members of the supercommittee. (AP Photo)

The Supreme Court on Nov 14 agreed to decide whether requiring Americans to buy health insurance is constitutional. Oral arguments will be held in March, and a decision is expected by June, just as the critical electioneering for the next President, the entire House and one-third of the Senate begins. However, in a sweeping decision, the court also agreed to decide a procedural question that could allow it to postpone dealing with the core issue for several years. It did so by agreeing to review whether the insurance-mandate penalties included in the Patient Protection and Affordable Care Act are a type of tax that can only be challenged after it is collected, rather than before. (AP Photo)

A pro-Syrian regime protester, climbs a tree to wave a Syrian flag during a demonstration against the Arab League decision to suspend Syria in front the Syrian embassy, in Beirut, Lebanon, on Sunday Nov. 13, 2011. Tens of thousands of pro-regime demonstrators gathered in a Damascus square Sunday to protest the Arab League’s vote to suspend Syria over its bloody crackdown on the country’s eight-month-old uprising. Saturday’s Arab League decision was a sharp rebuke to a regime that prides itself as a bastion of Arab nationalism, but it was unlikely to immediately end a wave of violence that the U.N. estimates has killed more than 3,500 people since mid-March. (AP Photo/Hussein Malla)

In this Nov. 2, 2011 file photo, traders John Panin, left center, and Joe Tarangelo, right center, work on the floor of the New York Stock Exchange. World stocks continued to slide Thursday, Nov. 17, 2011, as investors worried that Europe’s debt crisis was intensifying and spreading to larger countries in the 17-nation euro union. (AP Photo/Richard Drew, File)


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