CNBC Price of Admission: America's College Debt Crisis

Parents Forum
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<p>I happened to catch pretty nifty docu on CNBC about our country's college debt situation. I almost watched the whole thing, but had to leave. I was however able to find it on the CNBC site. </p>

<p>*"As millions of American families struggle to cope with college costs that are rising at twice the rate of inflation, CNBC investigates a system that encourages widespread borrowing—often with little regard to a student's ability to pay—leaving the average college graduate with tens of thousands of dollars in student-loan debt.</p>

<p>How long can the system be sustained? Are student loans the next subprime mortgages? And if the bubble bursts, who will pay the price? CNBC Senior Correspondent Scott Cohn speaks to borrowers, lenders and school administrators to measure the real “Price of Admission” to the nation's higher-education system. "*</p>

<p>Price</a> of Admission: America?s College Debt Crisis - CNBC</p>

<p>They portray it pretty badly, but what's your take on this? Has your child's (or children's) debt not been worth the education? Has it been worth every penny? Or is it just too early to tell?</p>

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<p>This has been posted several times. Might want to do a cc search.</p>