Cheat Sheet - Colleges 2012: Best Bang for Your Buck

Today: Report: Egyptian Airstrikes Hit Sinai , Mitt Romney Lost the Summer: Tax Returns, Overseas Gaffes, & More , Ernesto Downgraded to Tropical Storm August 08, 2012 COLLEGES 2012 1. Best Bang for Your Buck At a time of skyrocketing tuition and mounting student debt, which colleges offer the best return on investment? Newsweek has the answer, based on school costs and the potential earnings and debt of recent grads. Northeastern Illinois, anyone?  Read it at Newsweek Retaliation 2. Report: Egyptian Airstrikes Hit Sinai In one of President Morsi's first crisises, Egypt reportedly deployed attack helicopters to the Sinai Peninsula on Wednesday in retaliation for the shooting of 16 Egyptian soldiers on Sunday. The attacks also followed more violence in the area on Tuesday night when gunman carried out a series of coordinated assaults on government checkpoints and a military factory that injured at least two people. Egyptian security officials said that attack helicopters opened fire in an area called Sheikh Zuwayed, and state media reported that the attacks killed 20 people. The recent airstrikes are the first to be launched on the Sinai Peninsula in decades. Read it at The New York Times ROUGH 3. Behind Mitt’s Summer Fail Labor Day is weeks away, but the battle of the summer is over—and Obama won. Robert Shrum on the unreleased tax returns, easily foreseen Bain attacks, Olympic stumbles, inept tax plan, and other calamities that sank Romney. Read it at The Daily Beast Weather 4. Ernesto Downgraded to Tropical Storm Ernesto has become a tropical storm and is expected to weaken, according to the National Hurricane Center. Even though it is no longer a Category 1 hurricane, the storm continued to hit Mexico’s Yucatan Peninsula with heavy rain and 70 mph winds as of Wednesday morning. The storm is expected to emerge from the Yucatan into the Bay of Campeche on Wednesday afternoon, where it could build back to hurricane strength once again. As much as 12 inches of rain are expected in some areas and the storm will cause a surge of two to four feet when it hits the coast. Read it at CNN Afghanistan 5. Suicide Attack Kills 3 NATO Troops A suicide bombing killed three NATO troops when it struck a patrol in Afghanistan’s eastern Kunar province. NATO did not provide the nationalities of the troops who were killed. The Taliban claimed responsibility for the attack and said that two insurgents drove vehicles with explosives into the NATO patrol and killed 17 troops. NATO disputed that figure, adding that only one suicide bomber has been confirmed so far and that he was on foot. The Taliban often claim wildly high death tolls in their attacks. Read it at The Washington Post Campaign 2012 Polls Split in Three Key States Women like Obama; white working-class likes Mitt. Tucson Loughner Pleads Guilty Deemed competent to stand trial. DEATH PENALTY Marvin Wilson Executed Despite lawyers arguments he was retarded. SAY CHEESE Curiosity Sends First Color Photo Of Mars landing site. Kimye Kim Likes Being Kanye’s ‘Perfect Bitch’ Says she’s “honored” to have inspired the song. GET The Cheat Sheet A speedy, smart summary of news and must-reads from across the Web. You'll love the featured original stories on politics, entertainment, and more from The Daily Beast's diverse group of contributors. GET Culture Beast Weekly cultural recommendations from The Daily Beast. Meghan McCain: I'm Not Downloading Mitt's App As Romney’s veepstakes heat up, Meghan shares her favorites—and her plans for learning the big news. Contrary to what some may think, she doesn’t have a ‘Batman phone’ to the campaign. More Videos Domestic Terrorism: Alive and Well by Errol Louis TV Anchors, By the Numbers by Paula Froelich Olympic Hall of Shame by Kevin Fallon

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