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  • Gov. Mitch Daniels, Purdue University president, says today's young people are being seriously hurt by the amount of student loan debt they're carrying. It's also preventing them from starting businesses, he says.

  • Qualcomm is reporting EPS beat of $1.34 adjusted on revenue beat of $7.10 billion, with CNBC's Jon Fortt.

  • President Obama has dropped his controversial proposal to tax 529 plans, but as CNBC's Sharon Epperson reports, the ability to withdraw tax-fee funds for higher education isn't the only reason these plans are an attractive vehicle for millions of families to save for college.