A very informative post was written recently by Sara Lipka for The Chronicle of Higher Education detailing statistical information about parents’ perceptions on the importance and value of a college education for their children, despite the rising and obvious financial costs.
Originally written by the Wall Street Journal, the survey shows some positive and negative viewpoints parents have about the value of their children’s college education when faced with sometimes daunting financial concerns. For example, almost 9/10 parents said that college was an important investment for their children’s future. On the other hand, while parents wanted their kids to go to college, 79% of parents expressed some worry and concern about having enough money to make that happen.
Percentages about how parents fund their children’s college education, the various types of loans available for students and parents to use, and even the common confusion and lack of knowledge parents have about loans were also discussed.
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