Q: A recent poll says that parents are worried the high cost of college will hurt this?
A: Their retirement
PARENTS WORRY THE HIGH COST OF COLLEGE IS HURTING THEIR RETIREMENT FUNDS (Today)
A poll of an undisclosed number of parents reveals the following:
— 54% say they’re worried that their retirement will be jeopardized by student loan debt
— 94% said they feel an increased financial burden from their child’s college debt
— 45% say they don’t have a plan to pay for the debt
