-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 HoMjxVDbx+h2brM3ovNpkErVcycpTpmf7FO6zLnI1a5u/Z68WIJ6AHk1P/EY6KqW
 2icLAXawqhWqYHgWbyUMYA==

<SEC-DOCUMENT>0000950116-05-001347.txt : 20050412
<SEC-HEADER>0000950116-05-001347.hdr.sgml : 20050412
<ACCEPTANCE-DATETIME>20050412154732
ACCESSION NUMBER:		0000950116-05-001347
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050408
FILED AS OF DATE:		20050412
DATE AS OF CHANGE:		20050412

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NCO GROUP INC
		CENTRAL INDEX KEY:			0001022608
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES [7320]
		IRS NUMBER:				232858652
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		507 PRUDENTIAL ROAD
		CITY:			HORSHAM
		STATE:			PA
		ZIP:			19044
		BUSINESS PHONE:		215-441-3000

	MAIL ADDRESS:	
		STREET 1:		507 PRUDENTIAL ROAD
		CITY:			HORSHAM
		STATE:			PA
		ZIP:			19044

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SCHWAB JOHN R
		CENTRAL INDEX KEY:			0001249289

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21639
		FILM NUMBER:		05746232

	BUSINESS ADDRESS:	
		STREET 1:		15 CAMPUS BLVD
		STREET 2:		C/O RMH
		CITY:			NEWTOWN SQUARE
		STATE:			PA
		ZIP:			19073
		BUSINESS PHONE:		2154413000

	MAIL ADDRESS:	
		STREET 1:		C/O NCO GROUP, INC.
		STREET 2:		507 PRUDENTIAL ROAD
		CITY:			HORSHAM
		STATE:			PA
		ZIP:			19044
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p405961_ex.xml
<DESCRIPTION>4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-04-08</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001022608</issuerCik>
        <issuerName>NCO GROUP INC</issuerName>
        <issuerTradingSymbol>NCOG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001249289</rptOwnerCik>
            <rptOwnerName>SCHWAB JOHN R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>15 CAMPUS BLVD</rptOwnerStreet1>
            <rptOwnerStreet2>C/O RMH</rptOwnerStreet2>
            <rptOwnerCity>NEWTOWN SQUARE</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>19073</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>SVP, Finance &amp; CAO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Employee Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>17.89</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-04-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>25000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2015-04-08</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>25000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>25000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">One third of this option will become exercisable on each of April 8, 2006, April 8, 2007 and April 8, 2008. The filing of
this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of
Section 16 of the Securities Exchange Act of 1934 (as amended), the beneficial owner of any equity securities covered by
this Statement, or (b) that this Statement is legally required to be filed by such person.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ John R. Schwab</signatureName>
        <signatureDate>2005-04-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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