Student loan debt, at the crushing total of $1.11 trillion, is taking a heavy toll on what once might have been an unlikely group: parents. 

According to a survey from Citizens Financial Group, 94 percent of parents who have a child in college feel the weight of that debt, although nearly half have not figured out a plan to pay for it and 70 percent are afraid that it will turn out to be an investment that does not pay off. 

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.