I Always Knew They Would Go To College, I Just Never Planned On Paying
Nine out of ten families knew their children would go to college, but only 4 had a plan. That’s the latest report from Sallie Mae and Ipsos’ ‘‘How America Pays for College 2017’. Now in its tenth year, the report notes that parents and students equally share the costs of paying for college. Additionally, families are increasing their knowledge of costs and planning within their means. In fact, nearly half of all families have used grants and scholarships to pay for college. Almost all families have taken steps to reduce college costs, such as having students live with their relatives.