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Monday, July 16, 2012

Parents spending less on students’ college expenses, study says - CSMonitor.com

Parents spending less on students’ college expenses, study says - CSMonitor.com

...They are 4 years into the, uh, slowdown, and the George Washingtons are beginning to leave the household..
OR...they may still have their own college debt!
"Parents spent an average $5,955 on college from their income and savings, results showed. That was down from $6,664 a year earlier and $8,752 the year before. They also borrowed slightly more — $1,832 compared with $1,573 in the 2010-11 survey — although that was still less than they did two years ago."

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