More than half of parents are willing to go into debt to put their kids through school, according to a new report.
Parenting involves a lot of sacrifice, particularly when it comes to paying for college.
The average person said they would go $31,000 in the red for their child, the April 2019 survey of more than 1,000 adults found.have jumped 44% at private colleges and 55% at public schools over the last decade, most parents said they would also pay for "Parents obviously want to do whatever is in their power to help their children get a leg up in life," said Doyle Williams, an executive vice president at Country Financial.
The significant increase in college costs has outpaced inflation and far outpaced family income over decades .
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More colleges allowing student-parents to bring kids to classA growing number of college professors are allowing students to bring their children to class — something they hope offsets childcare challenges and will keep parents from putting their education on hold.
Read more »
Parents in college cheating scandal say money was for charity, not a bribeSeveral lawyers told NBC News that a trial was “inevitable” at this point, suggesting that plea deals are no longer being considered for many of the defendants.
Read more »
Ali Khosroshahin, former USC coach, makes plea deal in college scandal
Read more »
UK startup fintech TrueLayer just won funding from China's Tencent and Singaporean wealth fund TemasekThe $35 million funding round, which closed on Tuesday, is set to help fuel the company's expansion further into Europe and Asia.
Read more »
A four-day school week? Teachers and kids give it an 'A.' Parents are less enthusiasticIn a bid to attract more educators, this struggling Colorado school district was the first in a major metro area and the largest in the U.S. to make the switch.
Read more »
7 Key Mistakes People Make When Retiring AbroadRetirement outside the U.S. is more appealing and less adventurous than it used to be. But there are key mistakes you need to avoid.
Read more »
7 Key Mistakes People Make When Retiring AbroadRetirement outside the U.S. is more appealing and less adventurous than it used to be. But there are key mistakes you need to avoid.
Read more »
The frustrating reason college students miss out on the most suitable federal-aid loansA new study sheds light on how the complicated design of student-aid programs affects borrowing decisions.
Read more »
More than half of community colleges are too expensive for low-income studentsNew research highlights the challenges students face finding an affordable college.
Read more »