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Millennial parents’ top saving priority is their children’s education.

Apr 03 2017

Millennial parents’ top saving priority is their children’s education. TD Ameritrade research found that 19-37-year-old parents still owe an average of $9,180 in student debt, but are putting away an average of $310 monthly for their children’s education, which they’re prioritizing above retirement, a down payment for a home, and health and medical emergencies. Because student debt is a “pain point” for these Millennial parents, they don’t want their own children to go through the same. (USA TODAY)