'In 2010, 52% of surveyed students said they were covering a fourth of their college costs and 12% were paying more than half. This year, the survey revealed that 58% are covering a quarter of the costs and 18% are paying more than half.
Other student savings stats from the survey:
- 30% claimed that cost would definitely determine their education plans while 47% said cost could possibly alter their choices.
- 45% have already started saving: 19% have saved over $5,000, 43% have saved $1,000 – $5,000, and 35% have saved less than $1,000.
- 72% responded that they would definitely or possibly prefer money for college over tangible gifts.
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