Uh-oh! The Washington-based College Savings Foundation released a survey last month of 800 parents. Their findings? Fewer moms and dads are saving for college. Here’s a look at some of the results:
43%
Number of parents in the survey who said they have saved nothing at all for their kids college education.
27%
Percent of parents surveyed last year who said they saved nothing for college.
65%
Percent of grandparents surveyed who said they plan to help pay for the cost of college.
$100,000
Estimated cost of four-year public college in 15 years
$200,000
Estimated cost of going to a four-year private college in 15 years
$17,336
Average cost to attend a public, in-state university in 2007-08 (not including room and board)
$39,210
Cost of tuition at George Washington University last year, which was the nation’s most expensive college
Sources: Chicago Tribune, U.S. News and World Report, CampusGrotto.com
