Survey shows many teens are unprepared for the cost of college - Mark Huffman, Consumer Affairs

Young people are not saving money in anticipation of college, with a survey showing one-third of college freshmen have less than $1,000 in the bank. According to the College Board, a moderate college budget for an in-state public college for the 2017–2018 academic year averaged $25,290. The survey, conducted for Junior Achievement and Citizens Bank of Rhode Island, also finds a majority of high school juniors and seniors feel unprepared for managing the cost of a college education. The survey targeted young people just finishing their high school years and beginning their college careers. Not only did it find almost no savings among this group, but a large majority had not spoken with parents about how they were going to manage and pay college costs. https://www.consumeraffairs.com/news/survey-shows-many-teens-are-unprepared-for-the-cost-of-college-050218.html