Join the Cleveland Scene Press Club. Because No News is Bad News.

Tuesday, November 9, 2010

Forbes: Cleveland Institute of Art Grads Have Most Debt

Posted By on Tue, Nov 9, 2010 at 2:58 PM

Sorry CIA, Bs outting you.
  • Sorry CIA, B's outting you.

Let’s call it as it is: Forbes has beef with Cleveland. There’s no other was to explain what we’re about to dish you, especially in light of last year’s less than flattering title the publication dropped on our fair metropolis.

Next in the pub’s intractable effort to hit Cleveland: this week Forbes has now targeted one of the area’s esteemed institutions — The Cleveland Institute of Art. According to recent online article, CIA leaves students with more debt then any other college in the country — an average of $61,270.

The data was examined by the publication in coordination with the Project on Student Debt. The number crunchers took a microscope to 2009 figures and determined what schools were sending out fresh grads with the greatest financial handicap. According to Forbes, 81 percent of CIA graduates leave campus with debt. Also topping the list of student-screwers were American University, Buena Vista University, and Eastern Nazarene College.

The study puts Berea College (in Kentucky, not Berea, OH), Caldwell College, and Cal Tech as the school that crank out newly-minted adults with the best debt situations.

Despite putting together this glossy slide show of the unlucky top 20 schools, Forbes wants you to know this isn't a competition.

“The report cautions against ranking individual schools against each other at the top and bottom of its debt ranges, due to imprecision in the data, but it does identify the colleges it is confident fall into those ranges.”

So, the data is totally imprecise, but you can totally take their word for it.

When will this smear campaign end, Forbes?

Tags: , ,

We welcome readers to submit letters regarding articles and content in Cleveland Scene. Letters should be a minimum of 150 words, refer to content that has appeared on Cleveland Scene, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at news@clevescene.com.

Cleveland Scene works for you, and your support is essential.

Our small but mighty local team works tirelessly to bring you high-quality, uncensored news and cultural coverage of Cleveland and beyond.

Unlike many newspapers, ours is free – and we'd like to keep it that way, because we believe, now more than ever, everyone deserves access to accurate, independent coverage of their community.

Whether it's a one-time acknowledgement of this article or an ongoing pledge, your support helps keep Cleveland's true free press free.

Read the Digital Print Issue

September 9, 2020

View more issues

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Calendar

© 2020 Cleveland Scene: 737 Bolivar Rd., Suite 4100, Cleveland, OH 44115, (216) 241-7550
Logos and trademarks on this site are property of their respective owners.


Website powered by Foundation