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Why are more parents not paying their kids’ tuition bill?
Jun 9, 2015, 6:45 PM | Updated: 6:46 pm
This is the story that YOU wanted to hear us talk about! It received 45 percent of the vote in our Radioactive poll!
It’s not that most parents don’t want to pay their kids’ tuition, it’s that they simply can’t afford it, Time reports.
24 percent of parents with children ages 16 to 18 say they can’t afford to pay for anything. 16 percent of parents report they can’t help their kids pay for college, and parents who can pay for education probably won’t be contributing as much.
Most commonly reported was that many parents plan to cover up to 25 percent of education expenses for their children.