EX-99.13(a)-Consent of Ernst & Young LLP


                        CONSENT OF INDEPENDENT AUDITORS

We consent to the reference to our firm under the captions "Independent
Auditors" and "Experts" and to the use of our reports dated February 5, 2001 on
the financial statements of the Stock, Money Market, Bond Market, Social Choice,
Global Equities, Growth, Equity Index and Inflation-Linked Bond Accounts of
College Retirement Equities Fund, which are incorporated in this Registration
Statement on Form N-3 (No. 811-4415) of College Retirement Equities Fund.


                                                  /s/ Ernst & Young LLP
                                                  ----------------------
                                                  Ernst & Young LLP
New York, New York
April 25, 2001