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Article: Planning to Pay for College? Check Out a 529 College Savings Plan.
- Article from:
- PR Newswire
- Article date:
- April 26, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MILWAUKEE, April 26 /PRNewswire/ --
A study commissioned by Strong Capital Management finds that 68 percent of parents anticipate paying at least half of their children's higher education expenses, and more than one-quarter of these parents foresee footing the whole bill.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010426/MNTH011 )
Moreover, the study, conducted by TeleNation, found parents expect the total tab for higher education to cost between $50,000 and $100,000 for each child.
"Parents plan to contribute substantial amounts towards their children's education, even in light of escalating costs," said Sarah Henriksen, Strong's ...