The yellow part of an egg has a very high amount of cholesterol in it and if you consume them in large quantities it can raise your level of cholesterol significantly. I think that it would be wiser just to eat the whole parts personally so you don't have the risk.
Eggs can be bad for cholesterol. If you have high cholesterol you should limit your intake of eggs. I think if you have normal cholesterol a high egg diet is not going to give you high cholesterol though. I think it should be monitored because it could be bad for you.
So many conflicting reports have come out for decades from the desks of over-eager Scientists with far too much time on their hands! Eggs are great for you! Don't eat 50 a day by any means but if you eat a couple of eggs a day they are great for you. Eggs provide vitamins and nutrients that you can't get anywhere else. Eat eggs!
Eggs do contain cholesterol, and eggs can add to cholesterol, if they are eaten too much. Eaten at proper volumes, eggs can be quite a health meal. They are actually a cholesterol fighter if they are part of an energizing breakfast that gets someone up and exercising and losing weight.