President Obama is promising to use the Web site Recovery.gov to track spending under the economic stimulus bill passed by the U.S. House and being considered by the Senate. But that site hasn’t been built yet. Until then, you can follow requests for stimulus money coming from local governments on StimulusWatch. The new site relies on public contributions – a process sometimes called “crowdsourcing” – to help monitor stimulus spending.

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A new non-profit venture called The University of the People will employ free academic materials that other schools have posted online, volunteer professors and student social networking in a bid to offer real college degrees. The Internet-based school will charge only modest fees, but no tuition, and will attempt to become a fully accredited school.

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