Families spent less on college this year, survey finds


American families spent 9 percent less on college in the 2010-11 academic year than in the previous year, reversing a recent trend toward increased college spending, according to a new Sallie Mae study, reports the Washington Post. Previous surveys from the student loan giant found families spending progressively more on college from the 2008 to 2010 academic years, despite the recession. Why the sudden shift?

Click here for the full story

Sign up for our newsletter

Newsletter: Innovations in K12 Education
By submitting your information, you agree to our Terms & Conditions and Privacy Policy.