That may reflect falling income levels (alcohol is notoriously pricey in Iceland).

ECONOMIST: Crisis-stricken Icelanders drink less and sleep more

Going by its dividend-yield, Wall Street has looked pricey for some time, offering a meagre income of just 2%.

ECONOMIST: Buttonwood

Mark Kantrowitz, publisher of Finaid.org, a website that compiles data and provides financial advice for students, said the subsidies sometimes go to students from middle-class families who attend pricey colleges, and not just low-income students.

WSJ: Student Debt Sparks a Fight