- 54% expect their kids to take online courses for credit
- 54% intend to ask their child to work part-time during school to help pay expenses
- 50% will ask their kids to live at home and commute
- 40% will encourage their child to attend a public school
- 23% will encourage their child to graduate in fewer semesters
By Hal M. Bundrick NEW YORK ( MainStreet)--More families are putting aside money for college but are still falling short of their savings goals. When asked to give themselves a grade on their college savings progress, most parents gave themselves a B-minus, according to Fidelity's seventh annual college savings study.
More than half (51%) of parents believe that saving too much will hurt their child's eligibility for financial aid though the report notes that today's financial aid system focuses more on income rather than savings in a dedicated college account. --Written by Hal M. Bundrick for MainStreet