Fewer Parents Helping Pay for College


Published 06/26 2014 12:22PM

Updated 06/26 2014 12:23PM

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-percent of parents say they'd help pay.

Now that number is about 77-percent.

16-percent of families do not plan to contribute anything.

Most parents say they want to help but cannot because they are concerned about their own finances.

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

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