Survey: 38% of parents have no college savings for kids

A SIGNIFICANT PORTION of parents say they have no savings for their children’s college education, according to a new survey released by Citizens Bank. / COURTESY BROWN UNIVERSITY
PROVIDENCE – A new survey commissioned by Citizens Bank found that 38% of parents have set aside no savings to pay for the college education of their children. However, Citizens’ second annual Student Lending Survey, which queried 1,036 parents and 1,017 students, also found that 44% of parents have started to save for their kids’…

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