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More Parents Are Saving for College and They’re Saving More Money, Reports ‘How America Saves for College 2016’ by Sallie Mae and Ipsos

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Dateline City:
NEWARK, Del.

Millennial Parents More Committed to Saving for College than Older Counterparts

Most Parents Still Choosing General Savings Accounts Over 529 Plans to Save for College

NEWARK, Del.--(BUSINESS WIRE)--The number of parents saving for college and the amounts they are saving are at four-year highs, according to “How America Saves for College 2016,” the national study released today by Sallie Mae — the nation’s saving, planning, and paying for college company — and Ipsos, an independent global market research company.

Language:
English
Contact:

Sallie Mae
Rick Castellano, 302-451-2541
rick.castellano@salliemae.com
or
Ipsos
Julia Clark, 202-560-2014
Julia.clark@ipsos.com

Ticker Slug:
Ticker:
SLM
Exchange:
NASDAQ

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