CNBC: Completion rates key to college success: Expert

The cost of college is rising, and those most in danger of missing out on the rewards of higher education and suffering the burden of student loan debt are people who do not finish their studies, experts told CNBC's "Squawk Box" on Tuesday.

"The big problems with debt are students who don't complete their work, or students who find themselves simply unable to find a job," said Bob Kerrey, former U.S. senator and president of The New School, and currently executive chairman of the Minerva Project's Institute for Research and Scholarship.

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