Education: The Dream & the Reality

The growing dream of the average American is to send his children to college. What about the hard reality? Last week, after a nationwide survey for the Ford Foundation, Pollster Elmo Roper summed up the aspirations and posed some nagging financial questions. Items:

¶ 69% of all American children now under 18 will go to college,-if parental ambitions are realized. The expectation is highest in the mountain states (80%), lowest in New England (63%).

¶ $1,450 per student is what parents figure as the median annual cost, and 16% estimate their total family bill as more than $19,000.

¶ 67% of the...

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