Econ 101: January 24, 2013

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

The economic recovery is favoring higher-educated workers. [CNN Money] A new report finds that 46 percent of American college students don’t graduate college within six years. [Huffington Post] The House bill to “suspend” the debt limit for three months will eventually lead to a $450 billion debt ceiling increase. [The Hill] House Ways and Means Committee Chairman Dave Camp (R-MI) plans to release a corporate tax reform plan soon. [Reuters] The Eurozone economy looks like it will contract in the first quarter of 2013. [New York Times] Spain’s jobless rate has hit a record 26 percent. [Bloomberg] Emails reveal that Morgan Stanley traders peddled a toxic asset they derided privately as a “sh*tbag.” [Propublica]

Original author: Pat Garofalo