Loan Servicers Faulted for Some Student Loan ProblemsLoan Servicers Faulted for Some Student Loan Problems

Loan Servicers Faulted for Some Student Loan Problems

"The value of my education is priceless, but the value of my education is also not $140,000 in debt."

That was the statement of a Hunter College graduate with a master's degree, as quoted in the documentary Ivory Tower. And a new national poll suggests that thousands of graduates, especially younger graduates, agree with her.

For the second year in a row, the Gallup Organization, along with Purdue University, surveyed about 30,000 graduates of four-year colleges in the U.S. The survey asked about how their college experience influenced their happiness in life and at work, years or decades later.

The researchers say their broader goal is to develop a measure of college performance that focuses on what matters most to students.

Just as they did last year, the pollsters this year found that private and/or prestigious colleges had no advantage over public and open-access schools when it comes to turning out alumni who thrive.

And, the poll again found a significant positive impact in later life for students who really threw themselves into their educations.