The College Debt Crisis - Special Report

  • The Debt That Won't Go Away Monday, 20 Dec 2010 | 11:21 AM ET

    Americans now owe more on their student loans than they do on their credit cards. With debt now growing at a rate of $2,853.88 per second, it will surpass $1 trillion in 2012. And neither taxpayers nor consumers can afford it.


  • Put That Pizza on my Student Loan Wednesday, 22 Dec 2010 | 4:29 PM ET

    College kids were enjoying pizza and beer, and paying for it all with a debit MasterCard.  But this was not any debit card.  The funds behind it come from student financial aid.

  • Student Loan Defaults Could Cost Taxpayers Dearly Tuesday, 21 Dec 2010 | 8:39 PM ET
    Uncle Sam and money

    The dramatic rise in student debt—and in student loan defaults—could leave the American taxpayer on the hook for hundreds of billions of dollars.

  • For-Profit Schools Under Federal Fire Friday, 17 Dec 2010 | 11:54 AM ET

    Once the darlings of Wall Street, for-profit education companies have seen their market value plunge to the lowest level in 52 weeks, leaving investors to wonder if the industry would be able to survive in its current form. An index of nine for-profit education companies, the S&P 1500 Education Services Index is down nearly 30 percent for the year.

  • Some Schools Masters At Managing Debt Wednesday, 22 Dec 2010 | 6:05 AM ET

    Call it one of the dirty little secrets of the education industry: When students can’t pay their loans, many schools manage (some would say, manipulate) default rates so they look better than they really are.

  • Pay For CEOs Of For-Profit Colleges Top Of The Class Tuesday, 21 Dec 2010 | 8:51 AM ET

    For-profit colleges may have unusually high student dropout and loan default rates, but their CEOS receive enormous compensation packages.

  • Rewriting Of Regulations May Spell Trouble Monday, 20 Dec 2010 | 11:21 AM ET

    The Education Department is trying to crack down on high dropout and default  rates at  for-profit colleges and universities..

  • Vocational Schools Doing The Job For More Students Monday, 20 Dec 2010 | 11:21 AM ET

    Schools offering a more career-oriented approach to higher education continue to enjoy double-digit growth, fueled by a sluggish economic recovery, accelerated stimulus spending and a more practical student mindset.

  • A $200,000 Degree? Wednesday, 15 Dec 2010 | 4:49 PM ET

    That's the costs for four years at Sarah Lawrence College In New York State. Find out how it all adds up at America's most expensive institution of higher learning.

  • As College Costs Soar, Students Head Abroad Monday, 20 Dec 2010 | 11:21 AM ET
    Oxford University

    From Oxford in England to Erasmus in The Netherlands, overseas universities are targeting US students with their lower tuition costs.

  • Lots of Money for Student Loans—But at What Cost? Monday, 20 Dec 2010 | 11:21 AM ET
    Education Secretary Arne Duncan

    Education Secretary Arne Duncan noted that millions of students do not take full advantage of federal student aid. But the vast majority of that aid consists of loans, and the nation’s student loan debt—and student loan defaults—are going rapidly.

  • Smart Ways To Cover The Cost of College Monday, 20 Dec 2010 | 11:21 AM ET

    Taking simple steps to save and search for college funds may not cover the full freight, but it can at least make tuition and other expenses a little more affordable.

  • Kelly Space, Norhtweswtern Univ. graduate, went online to solicit contributions to pay off student loans.

    You can promote yourself online and seek donations or donate parts of your body for hefty fees.

  • Got A Degree? Now How About A Job Wednesday, 15 Dec 2010 | 3:22 PM ET

    Getting hired has been tough for graduates these last few years, but it looks like things are changing.

The Big Payoff, by Sharon Epperson

  • Send Your Kid to College Without Going Broke Monday, 20 Dec 2010 | 10:29 AM ET
    cost of education

    There are as many ways of saving for higher education as there are majors at college. CNBC's Sharon Epperson offers a few of them in this excert from her book “The Big Payoff: 8 Steps Couples Can Take To Make The Most of Their Money – And Live Richly Ever After.”

  • Kids Can Chip In Too Monday, 20 Dec 2010 | 10:30 AM ET

    College costs shouldn’t be only the parents’ concern. Children can help out too, explains CNBC's Sharon Epperson in an excerpt from her book "The Big Payoff."


  • Colleges That Bring the Highest Paycheck 2011 Monday, 25 Jul 2011 | 11:05 AM ET
    Location, prestige, academic reputation and tuition are major factors for students in the college selection process, but post-graduate salary is something rarely taken into consideration. Although salaries depend heavily on a graduate’s field of work, companies are willing to pay a premium for students hailing from the nation’s top universities. But which undergraduate institutions offer the most valuable educations? Recently, released a report on the highest salary potential among the nation’s

    Although salaries depend heavily on a graduate’s field of work, companies are willing to pay a premium for students hailing from the nation’s top universities.

  • States With the Highest Student Debt Wednesday, 15 Dec 2010 | 3:05 PM ET
    In the U.S., a college education is largely viewed as an essential step to success, but it comes at quite a cost.According to the Project on Student Debt, an initiative of the Institute for College Access & Success in Oakland, Calif., the class of 2009 left school with an average debt per student of $24,000. That was up 6 percent from the year before, which is a similar average annual increase to the previous four years, even despite the market crashes and economic downturns of the past few year

    In the U.S., a college education is largely viewed as an essential step to success, but it comes at quite a cost. Here are the states with the highest student debt.

  • Most Expensive Colleges 2010-2011 Wednesday, 20 Oct 2010 | 1:29 PM ET
    If you think you're paying fortune for your kid's college education, you might want to take a look at these schools. Total cost at the priciest college is inching closer to $60,000 a year.Compiled by college news website , the colleges are ranked by the price of tuition plus the cost of room and board during the 2010-2011 school session , all of which is readily available to the public. The schools ranked are four-year undergraduate colleges and excludes junior colleges and music conservatories.

    As any parent knows, college can cost a small fortune.Here's the ten most expensive for the 2010-2011 acadmeic year, according to CollegeGrotto's annual list.

  • Biggest 2009 College Endowment Losses Tuesday, 2 Feb 2010 | 1:29 PM ET
    College endowments took a big hit in their last fiscal year, suffering their worst annual returns since the Great Depression. According to a new study by the  (NACUBO) and the , endowments and affiliated foundations had an average investment loss of 19 percent between July 1, 2008 - June 30, 2009.CNBC.com looked at the 250 largest endowments in the U.S. and highlighted the 15 that suffered the most dramatic losses in market value. They are ranked according to the percentage change in market valu

    CNBC.com looked at the 250 largest endowments in the U.S. and highlighted the 15 that suffered the most dramatic losses in market value. Some of the biggest losers may surprise you!

  • Top Cities To Find A Job Friday, 30 Apr 2010 | 2:19 PM ET

    Getting no where in your job search? You'll have a better chance of getting one at these 10 cities.

  • America's Most Offbeat College Scholarships Thursday, 14 Jan 2010 | 1:36 PM ET
    Paying for an undergraduate education can be a costly endeavor, with parents often starting to save money even before their children are born. Although there are many ways to pay for college - grants, loans, tax-advantaged savings plans or simply out of pocket - nothing is more attractive than free money in the form of scholarships.There is a huge range of scholarships available in the U.S., and although most are quite conventional in their focus, some are more eccentric, as applicants must meet

    Paying for an undergraduate education can be a costly endeavor and scholarships are in high demand. So, what are some of the most offbeat college scholarships out there? Find out!

  • America's Fastest Growing Jobs 2010 Tuesday, 14 Sep 2010 | 10:00 AM ET
    In a tough job market, it pays to be strategic – and look for growth opportunities.“One key to finding employment in a poor economy is to target positions that have suffered significant cutbacks in recent years and are now poised to recover to previous or even higher levels,” said Tony Lee, publisher of job-search site  You might think you won’t have time to get the necessary education and training to get in on some of these fast-growing fields, but on-the-job training is all you need for some.

    Check out the 8 fastest-growing, best-paying jobs, where hiring and pay are outpacing the rest of the employment market.

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