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Millennials, burdened with their own student debt, are aiming to pay their own children’s way through higher education.

Sep 25 2015

Millennials, burdened with their own student debt, are aiming to pay their own children’s way through higher education. A new survey from Fidelity Investments found that 74% of Millennial parents report they are saving for their kids’ college, and 46% say they plan to cover the full cost, compared to 35% of those surveyed overall. But their efforts might not pay off: they’re going to need to save more for retirement and the cost of college shows no sign of slowing. (Forbes)