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September 27, 2012

Which colleges help grads snare top salaries?

Anna Prior & Matthew Heimer:

In an era of dubious economic milestones, it was yet another lowlight. This spring, according to the Federal Reserve Bank of New York, Americans' total student-loan debt ballooned to more than $900 billion -- higher than their total credit-card debt. And no wonder the debt is piling up: Over the past two decades, the price of tuition has risen 20 times as fast as the average college grad's wages.

Statistics like these help to flesh out a now-familiar message: The cost of college has escalated from unsettling to obscene. College administrators say that the soaring price tags reflect the rising costs of their own biggest expenses -- faculty salaries and state-of-the-art dorms and facilities.

Complete college rankings by graduates' salaries (PDF).

Posted by Jim Zellmer at September 27, 2012 1:35 AM
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