<html><head></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; "><div><blockquote type="cite"><br><h1><a href="http://gawker.com/5615933/the-top-ten-universities-for-student-debt">The Top Ten Universities for Student Debt</a></h1><p>"For-profit" colleges have <a href="http://gawker.com/5562794/kids-paying-real-money-to-attend-fake-colleges">come under fire</a>
for saddling students with big debts in exchange for dim job prospects.
But what about "real" colleges? They're pushing huge debts on students,
too. We crunched the numbers to find the worst (NYU).</p><p>In a recent <a href="http://www.washpostco.com/phoenix.zhtml?c=62487&p=irol-newsArticle&ID=1460098&highlight=">press release,</a> the Washington Post Company—which owns Kaplan, a leading for-profit education company—referred to a <a href="http://www2.ed.gov/policy/highered/reg/hearulemaking/2009/integrity-analysis.html">recent report</a> by the Education Department which listed debt repayment figures for every college in the nation. We sorted the list by total <a class="autolink" title="Click here to read more posts tagged #studentdebt" href="http://gawker.com/tag/studentdebt/">student debt</a> load.</p><p><img src="http://cache.gawkerassets.com/assets/images/2010/08/custom_1282152660448_nyuaffordable.jpg" alt="The Top Ten Universities for Student Debt" class="right" height="94" width="160">The
top three offenders were all for-profit schools: The University of
Phoenix (nearly $5 billion in total student debt), Nova Southeastern
University ($1.1 billion), and American Intercontinental University
($810 million). But the <a href="http://gawker.com/tag/4/" class="posthashtag">#4</a>
school was our old friend: New York University, with $659 million in
total student debt. In fact, NYU's student debt alone is bigger than the
<a href="http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29">gross domestic product</a> of 12 countries.</p><p>Without further ado, the top ten "real" (not "for-profit") colleges, by total student debt:</p><p><strong>1) New York University</strong>: $659 million<br>
<strong>2) University of Southern California</strong>: $631 million<br>
<strong>3) Penn State University</strong>: $590 million<br>
<strong>4) Ohio State University</strong>: $560 million<br>
<strong>5) University of Minnesota</strong>: $495 million<br>
<strong>6) Arizona State University</strong>: $479 million<br>
<strong>7) University of Texas</strong>: $474 million<br>
<strong>8) Michigan State University</strong>: $433 million<br>
<strong>9) Indiana University- Purdue University</strong>: $421 million<br>
<strong>10) Rutgers:</strong> $398 million</p><p>Clearly, big schools will have bigger debt loads. (If you're
interested in per-student debt figures, see the linked source material).
But the size of these figures should give the <a href="http://gawker.com/5603571/colleges-unable-to-hold-off-hordes-of-freshmen">hordes of incoming freshmen</a> something to think about. Considering the <a href="http://www.bls.gov/cps/">unemployment rate</a>.</p>
[<em>Data via "<a href="http://www2.ed.gov/policy/highered/reg/hearulemaking/2009/integrity-analysis.html">Cumulative Four-Year Repayment Rate by Institution</a>." Photo via <a href="http://www.zunal.com/myaccount/uploads/nyu-mercer-st_4818%282%29.jpg">via</a>. Thanks to G and J for research assistance!</em>]
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<span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; font-size: medium; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><div style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; "><span class="Apple-style-span" style="border-collapse: separate; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; color: rgb(0, 0, 0); font-family: Helvetica; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; -webkit-text-decorations-in-effect: none; text-indent: 0px; -webkit-text-size-adjust: auto; text-transform: none; orphans: 2; white-space: normal; widows: 2; word-spacing: 0px; "><div style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; "><div>Jeremy Hunsinger</div><div><div>Center for Digital Discourse and Culture</div><div>Virginia Tech</div></div><div><br></div><div><br class="khtml-block-placeholder"></div><div>Live without dead time.</div><div>-graffitti Paris 1968</div></div><br class="Apple-interchange-newline"></span></div></span><br class="Apple-interchange-newline"></span><br class="Apple-interchange-newline">
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