The New York Times reports that the advent of social networking on the internet has created a quandary for college alumni magazines, which want to maintain a conversation with alumni but have been slow to embrace the web. Most schools have set up password-protected sites where graduates can change their contact information, drop a class note, or donate money. But younger alumni, accustomed to second-by-second updates from friends and classmates, are exchanging information in real time on Facebook and MySpace. Why wait for your alma mater to churn out a quarterly journal when you can Twitter all day? "Certainly as

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