Thursday, July 10, 2008

Aging parents scramble to save

There was a great article recently in Investment News about the difficulty of saving for retirement while trying to pay for a child's college. Some of the best statistics in the article are:

-Average public college tuition has risen by 844% since 1977
-Average private college tuition has risen by 778% since 1977
-Average income has only risen 304% in the same time period

Read the complete article here.

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