Study: Minority of Parents Focus on All College Costs
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A new survey of parents by Fidelity has found that only 31 percent with college-bound children are considering "the total cost" of college, defined as including graduating with debt, and the impact of college attended and program completed on earnings potential. Of families looking broadly at those issues, a majority are changing their plans due in part to concerns about student loan debt. More than a third are opting for less expensive colleges than they might have considered earlier.