In the Facebook Era, Colleges Are Dropping Yearbooks

The next generation of college graduates will have to rely on MySpace and Facebook to recall the good times and look up old friends, for the era of the yearbook is drawing to a close. With hardbound copies costing up to $75, the Economist cites Purdue University and nearby DePauw as two colleges that have canned the tradition; others have cut print runs dramatically.  (Read more college stories.)