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Survey: Quarter of Parents Eye Two-Year Colleges to Save Money

In its 8th annual State of College Savings survey of parents, the Washington, D.C.-based College Savings Foundation found almost three quarters said increased awareness of rising student loan debt has caused them to look at different strategies for funding their children’s higher education.


“Of respondents, 26 percent said the most important cost-reduction strategy was starting at a two-year college, with almost as many saying that living locally to save on room and board was a key strategy.”