Why Your Parents' College Debt Is YOUR Problem

Now, attention all college students and parents! You won’t want to miss this! Sallie Mae's latest report reveals a shocking trend: parents are borrowing more than ever to tackle college expenses! With inflation squeezing many families' budgets, an increasing number are reaching their limits when it comes to funding their children's higher education. This alarming trend demands your attention! Parent borrowing has soared to an astonishing 11% of total college costs, a significant leap from just 8% in previous years. This shift underscores the mounting financial strain families face in the quest for college affordability!