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MAKING COLLEGE A REALITY - DESPITE THE ECONOMY!

MAKING COLLEGE A REALITY - DESPITE THE ECONOMY!

CNBC's "ON THE MONEY," ANCHORED BY CARMEN WONG ULRICH," OFFERS ADVICE ON FINANCING COLLEGE TUITION IN TODAY'S MARKET, MARCH 9th –

MARCH 12TH

ENGLEWOOD CLIFFS, N.J., March 9, 2009 - The shrinking economy has taken an enormous toll on college savings for many Americans and made the already challenging application process even more difficult. From March 9 through March 12, CNBC's "On the Money," (airing weeknights at 10PM ET) and anchor Carmen Wong Ulrich offer a comprehensive guide to financing a college education despite the dire market conditions. Below are the specific topics covered in each program:

MONDAY, MARCH 9: "When College Savings Disappear: Find The Money: 529s and ESA's" There are some 11 million investors in 529s. In the past year the value has plunged by 23%. Is there a better way to save for college? Are pre-paid tuition plans the way to go? For those reliant on the 529s, how can they tweak their portfolios in order to fund tuition for their specific time frame? Carmen will address these questions and provide viewers with the best three plans for returns with low fees. The "On the Money Desk" will feature Ric Edelman.

TUESDAY MARCH 10: "How To Get Aid: Scholarships and Grants" The Free Application for Federal Student Aid (FAFSA) form, with its 100 questions, has come under fire for its complexity, and getting it right has never been more critical. There has been a 20% increase in FAFSA requests as of February 15 over the same time last year and some of the aid is first come, first served. Carmen breaks it down for viewers and addresses questions that include, "What other aid is out there?" And, in these times, "What should parents be expected to pay? "On the Money" profiles a single mother who has struggled to fill out the FAFSA form. Kalman Chany, author of Paying for College Without Going Broke, will also be on hand to offer advice.

WEDNESDAY MARCH 11: "Private vs. Public Colleges: The Best Value" What happens if you saved for a private school education but, in this economy, can only afford a public college tuition? In many places, applications to state colleges are up. In Connecticut, for example, state school applications are up a record 11%. Carmen explores whether the value is the same for state vs. private schools and looks into the value of an Ivy League education in the current economic climate. "On the Money" also profiles a family that has been forced to change its expectations in response to the economic downturn. Janet Bodnar, editor of Kiplingers Personal Finance magazine, joins the discussion as well.

THURSDAY MARCH 12: "Student Loans: The Good, The Bad And The Bills" Two thirds of college graduates carry a loan debt (avg. $21,000). What are the new rules of paying down student debt? What do you need to know about deferment, forbearance and the effect bankruptcy can have on your student loans? Carmen discusses these issues and looks at how to keep student loans as good debt. Also featured in the program will be a couple that has recently graduated (or is about to) with a six-figure student loan debt. "On the Money" will offer them find the best strategy for paying it off. Kalman Chany, author of Paying for College Without Going Broke is also featured in this program.

For more information please log on to: onthemoney.cnbc.com. Questions can also be emailed to Carmen@cnbc.com.





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