'How America Pays for College' Study Finds Families Making the Grade When It Comes to Paying for College

Source: accounting.pro2 Posted By: Claire M...5344 days ago

58 Percent of Families Invested in Higher Education Last Year Without Borrowing; 67 Percent Confident in Their Ability to Continue to Meet Cost of College in Current Economy
The study found that among American families, 51 percent received grants and scholarships, 25 percent of students borrowed federal loans, 12 percent of students borrowed private education loans and 5 percent used credit cards to pay for college expenses. Fifty-eight percent of families paid for college last year without borrowing....

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