Survey reveals fewer parents forking over this to their children

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Banking on your parents to help pay for that college education?

It appears fewer are forking over the funds.

According to a “New Discover Student Loans Survey” of 1,000 adults in 2013, 81% of parents say they’d help pay.

But now that number is about 77%.

16% of families don’t plan on contributing anything.

Most parents say they want to help but can’t because they’re concerned about their own finances.

About 15% of parents believe college students should pay for every dime of tuition.

If you’d like to see more results of the survey, go here.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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