Paying for College: Parents Save Up to Meet Soaring Costs [Infographic]

Although more and more people are going to college than 50 years ago, it is still difficult for families to afford it. Sixty-nine percent of parents have started saving more for their children’s higher education than seven years ago, according to Fidelity’s 2013 College Savings Indicator Study. Parents have also started to count heavily on their children to help out with paying for college by applying for grants and scholarships. Check out this infographic to learn more about parents’ savings dilemma.

Was college savings an issue in your family? Tell us in the comment below.

payingforcollege

This piece of ad content was created by Rasmussen College to support its educational programs. Rasmussen College may not prepare students for all positions featured within this content. Please visit www.rasmussen.edu/degrees for a list of programs offered. External links provided on rasmussen.edu are for reference only. Rasmussen College does not guarantee, approve, control, or specifically endorse the information or products available on websites linked to, and is not endorsed by website owners, authors and/or organizations referenced. Rasmussen College is a regionally accredited private college and Public Benefit Corporation.

Jennifer is a Content Marketing Specialist at Collegis Education who researches and writes articles on behalf of Rasmussen College. She is passionate about learning and higher education and enjoys writing engaging content to help current and future students on their path to a rewarding education.

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