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The Worst Private Schools For Student Debt

First Posted: 11/07/11 09:21 AM ET Updated: 11/07/11 11:21 AM ET

All colleges are not created equal, at least where student loan debt is concerned. Some schools have higher average debt incurred by their students than others.

The Project on Student Debt recently revealed the worst colleges and universities for student debt. And the numbers are shocking.

The Project on Student Debt has more:

The high-debt private nonprofit colleges listed here have average debt from $40,400 to $55,250. Tuition and fees at these colleges range from $11,300 to $38,750, with five of the 20 colleges charging less than the national average for this sector.

Check out our slide show of the worst schools for student debt in alphabetical order. Then tell us, what do you think of these numbers? What's your debt story? Weigh in below!

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08:12 AM on 11/10/2011
I can't get past the first photo. None of the icons on the page respond. I've used the I/E and Chrome browsers, over a period of two days. What do I have to do to see the other schools?
11:42 PM on 11/09/2011
Are Colleges intended to educate or make money or both?
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10:22 PM on 11/09/2011
So when will the OWS crowd start occupying these overpriced schools?

Given the number of Occupiers who've voiced complaints about their crushing student loan debt, you'd think they would have demanded that "Big Education" be called to account for their role in the fleecing of the middle class.
08:47 PM on 11/09/2011
My son is attending Northwestern law school and three year cost around $240K. Mean starting salary for NU Law grads is $160K. My son has taken on over $200K in student loans to attend.

He says the ROI is worth it. I hope he's right.
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Zutroy
10:05 PM on 11/09/2011
He'd better hope he hits the ground running in biglaw.
08:24 PM on 11/09/2011
I understand and agree that people should pay back what they borrow in the way of student loans. But, what about the cut the schools take? If you take certain loans out, Rutgers literally takes 1/3 of your loan for fees. And what about trying to just pay your loan back? You can try, and then you get an extra $100,000 plus in fees, b/c the people the fed gov't pays to collect get a cut. A $60,000 student loan turns into $180,000.
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Zutroy
08:52 PM on 11/09/2011
And that's if you take loans through FAFSA. If a school is expensive enough that it goes beyond the limit for Stafford/Perkins Loans and Pell Grants--OR; you've been out of school for more than six months and can't take any more loans through FAFSA until your old ones are off the books, and/or you're heading to a graduate school that's beyond the limits of/inapplicable for federal aid, then you have to head into the private market for student loans. That's where the real vipers are.
10:42 PM on 11/09/2011
Vicious VIPERS!
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mycall8
Spiritual not religious, One Planet, One Humanity
06:53 PM on 11/09/2011
When I look at those figures and the potential impossibilty of paying off such debts incurred trying to get a decent education, it is devastating. I borrowed 23 K to finance my chiropractic education in the 80s, finally paid it off at 97 K. Considering the bank that loaned it to me didn't have it back in the safe and made the money from thin air ( my signing a promissory note) it just doesn't feel fair. In Europe University level schools (Yes, even medical school !) cost about 500 Euros a year with an additional living and book allowance. If you have the grades you can find a place to learn valuable skills. Gee I wonder why the US is losing it's shirt to the banksters ?
niko73
Dem belly full but we hungry
06:32 PM on 11/09/2011
I'd like to tell kids who are considering going to these schools that it's completely unnecessary. I know that you think it really matters what school you attend. I thought that way too. But it's simply not true. Going to a state university never once hampered my ability to become the manager I am today. I now hire people, and unless you've gone to some whacky online U that I've never heard of, I could care less where you got your degree.

So if you still want to take out hundreds of thousands of dollars to go to an expensive private school when you could go to a state college for ten times less, you should have to live with that decision.
10:40 PM on 11/09/2011
Absolutely! But even the public colleges are bilking students with these loans too! It's a disgrace!
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AudreyLee
Don't block me bro
05:30 PM on 11/09/2011
I'm applying to colleges (I'm a senior). Thanks HP, now I'm depressed. Then again, it IS my fault since I clicked it.
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One Percenter
We are the 100%
04:38 PM on 11/09/2011
I hope this isn't a lead up to student loan forgiveness as the Occupyers are seeking.
You signed up for it - you pay it off.
Tax payers should not have to foot the bill for your over-priced eductaion. Take it up with these universities.
05:48 PM on 11/09/2011
Right- tax payers should just foot the bill for banks, Wall Street. the wealthiest corporations and the highest income people in the country.
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One Percenter
We are the 100%
10:38 PM on 11/09/2011
Makes absolutely no sense.
03:32 PM on 11/09/2011
The OWS protesters who want cheaper education should be protesting at their campus. Especially if they attend a private school.
02:37 PM on 11/09/2011
Corinthian Colleges is the far worst scam than Bernie Madoff...........
12:35 PM on 11/09/2011
N.Y.U. as far as my experience is concerned is the a big exploiter of students who are not yet experienced with loans procedure.At the time as was serching to enrol they presented me with a package of loans to sign for the payment of credits that as they told-me was going to help-me to find an an advantageous advanced standing in terms of graduating faster and find a job. This was exactly what I needed as an adult student unemployed and eager to work.Later on I realized that the department of Psychology, was discriminating against prospective students and the career development program was nothing else but a stumbling block for students like me. In another worlds this college practice the most repugnant tacits against the same group of students that they "pretend" to help. Finnally after they extract the last cent from me I was left with no career and no job. I am unemployed and all that I receive presently are continuos harrassiment calls from loans agencies. Please protect youself if you are in similar situation don't fall for loan schemes as I did. At Cuny you can find excelent education for a lot more affordable prices.
12:16 PM on 11/09/2011
I have a friend who turned down a near full ride at a very respectable private college in Worcester MA to got NYU. He has a whopper of a debt now and I think he should have to pay it in full.
10:38 AM on 11/09/2011
I'm a college student. I wrote a post about saving money http://manyrandomfacts.blogspot.com/
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10:24 AM on 11/09/2011
cal-arts basically turns out untalented artists...who go on to talentless companies to make uninspired advertising,videos,music..etc that are very bland.
02:38 PM on 11/09/2011
Are you tripping? The '88-'90 graduating classes, from cal-arts, is Pixar! They ARE the creative talent at Pixar..all of it! Have you done ANYTHING in your entire life 1/100th as creative as a Pixar movie? ..or Pixar commercial? ..or the stain on a Pixar employee's underwear?
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11:40 AM on 11/10/2011
agreed
but that was the class 0f '90.....
it's now 20 years later...