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Author(s):AllianceBernstein Investments
Title:Failing grades? American families and their college savings efforts
Source:http://www.alliancebernstein.com/CSC/StoryPage.aspx?cid=40397
Date:2006
Short Description:According to a recent survey from AllianceBernstein Investments of parents with household incomes of $50,000 or more, most parents have a good idea about the cost of college, but unrealistic expectations regarding the availability of financial aid, scholarships, and grants. 95% of these parents intend to pay at least some of their children's college expenses, but only 27% felt they were very likely to reach their college savings goal.
Annotation:According to a recent survey from AllianceBernstein Investments of parents with household incomes of $50,000 or more, most parents have a good idea about the cost of college, but unrealistic expectations regarding the availability of financial aid, scholarships, and grants. 95% of these parents intend to pay at least some of their children's college expenses, but only 27% felt they were very likely to reach their college savings goal.
Full Text:http://www.alliancebernstein.com/CSC/StoryPage.aspx?cid=40397
 
Associated Keywords:
Affordability/College Costs
Financial Aid
Parent, Community, Business Sector Involvement

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